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Affordable Housing Option at Lone Oaks Apartments in Graham, TX Introduction: Welcome to Lone Oaks Apartments, a well-located Low-Income Housing Tax Credit (LIHTC) apartment complex in Graham, TX. We aim to provide a comfortable and affordable housing option for individuals and families in need. LIHTC Program and Income Restrictions: Supported by the LIHTC program, our rental apartments offer incentives to builders and developers to provide affordable housing to low-income individuals. Applicable program rent and income restrictions ensure that our community remains accessible to those in need. AMI-Based Rent Limits: The maximum rent charged at Lone Oaks Apartments is determined by the Area Median Income (AMI) of our region. However, it's essential to note that the AMI-based rent may still pose affordability challenges for low-income individuals. We encourage you to check the current rental rates to determine if this fits within your budget. Spacious Apartment Options: With 64 low-income apartments available, we offer a range of living options to cater to diverse needs. Whether you're seeking a cozy one-bedroom apartment, a comfortable two-bedroom unit, or a spacious three-bedroom residence, we have options that may suit your requirements. Waiting Lists and Application Process: As is the case with many apartments nowadays, Lone Oaks Apartments may have a waiting list. Nevertheless, we provide this listing to enable direct contact with our management team. Please reach out to us at the provided number to inquire about potential vacancies and see if you qualify for residency. Important Note: When applying for residence at Lone Oaks Apartments, it is crucial that the income of all adults expected to reside in the apartment is included and verified. For further details, please call our team, who will be happy to assist you with any inquiries.
1512 Carolina St, Graham, TX 76450
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