About This Property
Oakwood Village is a 40-unit affordable housing community in Century, FL that serves low-income families. The property includes 34 one-bedroom units and was placed in service in 1992. It is funded through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Escambia County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,048 |
| 1 Bedroom | $1,098 |
| 2 Bedroom | $1,278 |
| 3 Bedroom | $1,747 |
| 4 Bedroom | $2,167 |
Income Limits - Escambia County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,550
- Very Low (50%)
- $24,200
- Low (80%)
- $38,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,650
- Low (80%)
- $44,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,100
- Low (80%)
- $49,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,550
- Low (80%)
- $55,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,350
- Low (80%)
- $59,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,100
- Low (80%)
- $64,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,850
- Low (80%)
- $68,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,650
- Low (80%)
- $73,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,550 | $24,200 | $38,750 |
| 2 Persons | $17,420 | $27,650 | $44,250 |
| 3 Persons | $21,960 | $31,100 | $49,800 |
| 4 Persons | $26,500 | $34,550 | $55,300 |
| 5 Persons | $31,040 | $37,350 | $59,750 |
| 6 Persons | $35,580 | $40,100 | $64,150 |
| 7 Persons | $40,120 | $42,850 | $68,600 |
| 8 Persons | $44,660 | $45,650 | $73,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Century, FL?+
The Fair Market Rent (FMR) for Escambia County, FL is: $1048 (Studio), $1098 (1BR), $1278 (2BR), $1747 (3BR), $2167 (4BR). Actual rent at subsidized properties like Oakwood Village is typically 30% of household income or less.
What size apartments are available at Oakwood Village?+
Oakwood Village offers the following unit types: 34 One-Bedroom units, for a total of 40 units.
What are the income limits for affordable housing in Escambia County, FL?+
For a 4-person household in Escambia County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,550, Low Income (80% AMI): $55,300. These limits are set by HUD and updated annually.
Who manages Oakwood Village?+
Oakwood Village is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Century, FL?+
Based on Fair Market Rent for Escambia County, the estimated price range is: 1-bedroom: $1098. Actual rent at Oakwood Village may be lower for income-eligible households.
How do I apply for housing at Oakwood Village?+
Oakwood Village 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.
Who is eligible to live at Oakwood Village?+
Oakwood Village primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.