About This Property
Oak Grove Village contains 30 low-income residential units in Jefferson, NC and has been in service since 2000. The community offers a unit mix of twenty 2-bedroom, eight 3-bedroom, and two 4-bedroom apartments designed to serve families. The property is funded through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Ashe County, NC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $674 |
| 1 Bedroom | $678 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,089 |
| 4 Bedroom | $1,224 |
Income Limits - Ashe County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,500
- Low (80%)
- $32,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $33,950
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $36,300
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,500 | $32,800 |
| 2 Persons | $17,420 | $23,400 | $37,450 |
| 3 Persons | $21,960 | $26,350 | $42,150 |
| 4 Persons | $26,500 | $29,250 | $46,800 |
| 5 Persons | $31,040 | $31,600 | $50,550 |
| 6 Persons | $33,950 | $33,950 | $54,300 |
| 7 Persons | $36,300 | $36,300 | $58,050 |
| 8 Persons | $38,650 | $38,650 | $61,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Jefferson, NC?+
The Fair Market Rent (FMR) for Ashe County, NC is: $674 (Studio), $678 (1BR), $856 (2BR), $1089 (3BR), $1224 (4BR). Actual rent at subsidized properties like Oak Grove Village is typically 30% of household income or less.
What size apartments are available at Oak Grove Village?+
Oak Grove Village offers the following unit types: 20 Two-Bedroom, 8 Three-Bedroom, 2 Four-Bedroom units, for a total of 30 units.
Who manages Oak Grove Village?+
Oak Grove Village is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Jefferson, NC?+
Based on Fair Market Rent for Ashe County, the estimated price range is: 2-bedroom: $856, 3-bedroom: $1089. Actual rent at Oak Grove Village may be lower for income-eligible households.
What are the income limits for affordable housing in Ashe County, NC?+
For a 4-person household in Ashe County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These limits are set by HUD and updated annually.
How do I apply for housing at Oak Grove Village?+
Oak Grove 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 Oak Grove Village?+
Oak Grove Village primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.