About This Property
Meadowpark Estates comprises 9 units in Elgin, Oklahoma, with 4 designated as low-income housing. The property was placed in service in 1988 and participates in the 4% Low-Income Housing Tax Credit program. This multifamily property serves affordable housing needs in Comanche County.
Property Details
Fair Market Rent - Comanche 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 | $712 |
| 1 Bedroom | $717 |
| 2 Bedroom | $920 |
| 3 Bedroom | $1,296 |
| 4 Bedroom | $1,561 |
Income Limits - Comanche County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,800
- Very Low (50%)
- $23,000
- Low (80%)
- $36,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,250
- Low (80%)
- $42,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,550
- Low (80%)
- $47,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,800
- Low (80%)
- $52,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,450
- Low (80%)
- $56,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,050
- Low (80%)
- $60,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $43,300
- Very Low (50%)
- $43,300
- Low (80%)
- $69,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,800 | $23,000 | $36,750 |
| 2 Persons | $17,420 | $26,250 | $42,000 |
| 3 Persons | $21,960 | $29,550 | $47,250 |
| 4 Persons | $26,500 | $32,800 | $52,500 |
| 5 Persons | $31,040 | $35,450 | $56,700 |
| 6 Persons | $35,580 | $38,050 | $60,900 |
| 7 Persons | $40,120 | $40,700 | $65,100 |
| 8 Persons | $43,300 | $43,300 | $69,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Elgin, OK?+
The Fair Market Rent (FMR) for Comanche County, OK is: $712 (Studio), $717 (1BR), $920 (2BR), $1296 (3BR), $1561 (4BR). Actual rent at subsidized properties like Meadowpark Estates is typically 30% of household income or less.
What are the income limits for affordable housing in Comanche County, OK?+
For a 4-person household in Comanche County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,800, Low Income (80% AMI): $52,500. These limits are set by HUD and updated annually.
Who manages Meadowpark Estates?+
Meadowpark Estates is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Meadowpark Estates?+
Meadowpark 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.