About This Property
Forest Village Estates comprises 34 two-bedroom units serving elderly residents in Oklahoma City. The property was placed in service in 2016 and operates as a low-income housing community funded through 9% Low-Income Housing Tax Credits. All units are available to qualified low-income households.
Property Details
Fair Market Rent - Cleveland County, OK
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $824 |
| 1 Bedroom | $884 |
| 2 Bedroom | $1,091 |
| 3 Bedroom | $1,454 |
| 4 Bedroom | $1,605 |
Income Limits - Cleveland County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,400
- Very Low (50%)
- $25,650
- Low (80%)
- $41,000
- Extremely Low (30%)
- $17,600
- Very Low (50%)
- $29,300
- Low (80%)
- $46,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,950
- Low (80%)
- $52,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,600
- Low (80%)
- $58,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,550
- Low (80%)
- $63,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,500
- Low (80%)
- $67,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,400
- Low (80%)
- $72,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,350
- Low (80%)
- $77,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,400 | $25,650 | $41,000 |
| 2 Persons | $17,600 | $29,300 | $46,850 |
| 3 Persons | $21,960 | $32,950 | $52,700 |
| 4 Persons | $26,500 | $36,600 | $58,550 |
| 5 Persons | $31,040 | $39,550 | $63,250 |
| 6 Persons | $35,580 | $42,500 | $67,950 |
| 7 Persons | $40,120 | $45,400 | $72,650 |
| 8 Persons | $44,660 | $48,350 | $77,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Moore, OK?+
The Fair Market Rent (FMR) for Cleveland County, OK is: $824 (Studio), $884 (1BR), $1091 (2BR), $1454 (3BR), $1605 (4BR). Actual rent at subsidized properties like Forest Village Estates is typically 30% of household income or less.
What size apartments are available at Forest Village Estates?+
Forest Village Estates offers the following unit types: 34 Two-Bedroom units, for a total of 34 units.
How do I apply for housing at Forest Village Estates?+
Forest Village Estates 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 manages Forest Village Estates?+
Forest Village Estates is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Moore, OK?+
Based on Fair Market Rent for Cleveland County, the estimated price range is: 2-bedroom: $1091. Actual rent at Forest Village Estates may be lower for income-eligible households.
What are the income limits for affordable housing in Cleveland County, OK?+
For a 4-person household in Cleveland County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,600, Low Income (80% AMI): $58,550. These limits are set by HUD and updated annually.
Who is eligible to live at Forest Village Estates?+
Forest Village Estates primarily serves elderly residents. 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.
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