The Park at Oaklawn

About This Building

The Park at Oaklawn: Affordable Housing in Charlotte, NC Are you in search of an affordable housing option in Charlotte, NC? Look no further than The Park at Oaklawn. These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, which means they have rent and income restrictions that make them accessible to low-income individuals and families. For leasing information, please call 704-336-8432. Incentivizing Affordable Housing The LIHTC program provides a range of incentives to builders and developers, encouraging them to create affordable housing opportunities for those with low incomes. One of the key factors in determining the maximum rent charged is the Area Median Income (AMI), which is the median income for the local area. However, it's important to note that this AMI-based rent may still be unaffordable for some low-income individuals. We recommend checking the current rental rates to determine if this option suits your budget. Spacious and Affordable At The Park at Oaklawn, you'll find a total of 178 three-bedroom apartments that cater to low-income residents. As demand for affordable housing is high, many apartments these days have waiting lists. To find out if you are eligible to apply and qualify for a spot at this location, feel free to contact them directly using the provided phone number. Experience the Comfort of a 3 Bedroom Apartment If you're seeking a spacious living arrangement, our three-bedroom apartments at The Park at Oaklawn are perfect for you. With ample room for your family or flatmates, these apartments provide both comfort and affordability. Don't miss out on this opportunity - give them a call today to inquire about lease options. Note: This rewrite has restructured the text by introducing headings for enhanced readability. Additionally, the rewritten text uses unique phrasing and sentence structure to differ from the source text.