About This Property
Oak Forest Apts comprises 20 units designated as low-income housing in Arroyo Grande, California, and has served families since 1997. The property is financed through 9% Low-Income Housing Tax Credits and operates under professional management. This San Luis Obispo County community provides affordable rental housing for qualifying households.
Property Details
Fair Market Rent - San Luis Obispo County, CA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,541 |
| 1 Bedroom | $1,731 |
| 2 Bedroom | $2,274 |
| 3 Bedroom | $3,045 |
| 4 Bedroom | $3,465 |
Income Limits - San Luis Obispo County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,550
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $23,500
- Very Low (50%)
- $39,150
- Low (80%)
- $62,600
- Extremely Low (30%)
- $26,450
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $29,350
- Very Low (50%)
- $48,900
- Low (80%)
- $78,250
- Extremely Low (30%)
- $31,700
- Very Low (50%)
- $52,850
- Low (80%)
- $84,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $56,750
- Low (80%)
- $90,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $60,650
- Low (80%)
- $97,050
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $64,550
- Low (80%)
- $103,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,550 | $34,250 | $54,800 |
| 2 Persons | $23,500 | $39,150 | $62,600 |
| 3 Persons | $26,450 | $44,050 | $70,450 |
| 4 Persons | $29,350 | $48,900 | $78,250 |
| 5 Persons | $31,700 | $52,850 | $84,550 |
| 6 Persons | $35,580 | $56,750 | $90,800 |
| 7 Persons | $40,120 | $60,650 | $97,050 |
| 8 Persons | $44,660 | $64,550 | $103,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Arroyo Grande, CA?+
The Fair Market Rent (FMR) for San Luis Obispo County, CA is: $1541 (Studio), $1731 (1BR), $2274 (2BR), $3045 (3BR), $3465 (4BR). Actual rent at subsidized properties like Oak Forest Apts is typically 30% of household income or less.
What are the income limits for affordable housing in San Luis Obispo County, CA?+
For a 4-person household in San Luis Obispo County, CA, the income limits are: Extremely Low Income (30% AMI): $29,350, Very Low Income (50% AMI): $48,900, Low Income (80% AMI): $78,250. These limits are set by HUD and updated annually.
Who manages Oak Forest Apts?+
Oak Forest Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Oak Forest Apts?+
Oak Forest Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Oak Forest Apts?+
Oak Forest Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Oak Forest Apts
Poinsettia Street Apts
San Luis Obispo, CA
20 UnitsSan Luis Bay Apts
Nipomo, CA
120 UnitsCawelti Court
Arroyo Grande, CA
28 UnitsBelridge Street Apts
Oceano, CA
12 UnitsCider Village Family Apts
Nipomo, CA
40 UnitsJuniper Street Apts
Arroyo Grande, CA
14 Units