About This Property
Lillie Mae Retirement Village comprises 48 low-income units serving the Chickasha area in Grady County, Oklahoma. The property is financed through 4% Low-Income Housing Tax Credits and offers affordable housing options for residents. Interested parties can contact the property management for additional information regarding availability and lease terms.
Property Details
Fair Market Rent - Grady 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 | $604 |
| 1 Bedroom | $678 |
| 2 Bedroom | $891 |
| 3 Bedroom | $1,172 |
| 4 Bedroom | $1,469 |
Income Limits - Grady County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,300
- Very Low (50%)
- $25,450
- Low (80%)
- $40,750
- Extremely Low (30%)
- $17,450
- Very Low (50%)
- $29,100
- Low (80%)
- $46,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,750
- Low (80%)
- $52,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,350
- Low (80%)
- $58,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,300
- Low (80%)
- $62,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,200
- Low (80%)
- $67,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,100
- Low (80%)
- $72,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,000
- Low (80%)
- $76,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,300 | $25,450 | $40,750 |
| 2 Persons | $17,450 | $29,100 | $46,550 |
| 3 Persons | $21,960 | $32,750 | $52,350 |
| 4 Persons | $26,500 | $36,350 | $58,150 |
| 5 Persons | $31,040 | $39,300 | $62,850 |
| 6 Persons | $35,580 | $42,200 | $67,500 |
| 7 Persons | $40,120 | $45,100 | $72,150 |
| 8 Persons | $44,660 | $48,000 | $76,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Chickasha, OK?+
The Fair Market Rent (FMR) for Grady County, OK is: $604 (Studio), $678 (1BR), $891 (2BR), $1172 (3BR), $1469 (4BR). Actual rent at subsidized properties like Lillie Mae Retirement Village is typically 30% of household income or less.
What are the income limits for affordable housing in Grady County, OK?+
For a 4-person household in Grady County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,350, Low Income (80% AMI): $58,150. These limits are set by HUD and updated annually.
How do I apply for housing at Lillie Mae Retirement Village?+
Lillie Mae Retirement 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 manages Lillie Mae Retirement Village?+
Lillie Mae Retirement Village is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.