About This Property
Oakwood Apts Phase II offers 24 units in Yadkinville, NC, consisting of twelve 2-bedroom and twelve 3-bedroom apartments designed to serve families. The property was placed in service in 1995 and receives funding through HOME and 9% Low-Income Housing Tax Credits. These units provide affordable rental housing for low-income households.
Property Details
Fair Market Rent - Yadkin 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 | $897 |
| 1 Bedroom | $936 |
| 2 Bedroom | $1,110 |
| 3 Bedroom | $1,452 |
| 4 Bedroom | $1,671 |
Income Limits - Yadkin County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,500
- Very Low (50%)
- $24,150
- Low (80%)
- $38,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,600
- Low (80%)
- $44,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,050
- Low (80%)
- $49,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,450
- Low (80%)
- $55,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,750
- Low (80%)
- $68,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,500
- Low (80%)
- $72,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,500 | $24,150 | $38,600 |
| 2 Persons | $17,420 | $27,600 | $44,100 |
| 3 Persons | $21,960 | $31,050 | $49,600 |
| 4 Persons | $26,500 | $34,450 | $55,100 |
| 5 Persons | $31,040 | $37,250 | $59,550 |
| 6 Persons | $35,580 | $40,000 | $63,950 |
| 7 Persons | $40,120 | $42,750 | $68,350 |
| 8 Persons | $44,660 | $45,500 | $72,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Yadkinville, NC?+
The Fair Market Rent (FMR) for Yadkin County, NC is: $897 (Studio), $936 (1BR), $1110 (2BR), $1452 (3BR), $1671 (4BR). Actual rent at subsidized properties like Oakwood Apts Phase Ii is typically 30% of household income or less.
What size apartments are available at Oakwood Apts Phase Ii?+
Oakwood Apts Phase Ii offers the following unit types: 12 Two-Bedroom, 12 Three-Bedroom units, for a total of 24 units.
Who manages Oakwood Apts Phase Ii?+
Oakwood Apts Phase Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Oakwood Apts Phase Ii?+
Oakwood Apts Phase Ii 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 Apts Phase Ii?+
Oakwood Apts Phase Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Yadkinville, NC?+
Based on Fair Market Rent for Yadkin County, the estimated price range is: 2-bedroom: $1110, 3-bedroom: $1452. Actual rent at Oakwood Apts Phase Ii may be lower for income-eligible households.
What are the income limits for affordable housing in Yadkin County, NC?+
For a 4-person household in Yadkin County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,450, Low Income (80% AMI): $55,100. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.