Low Income (LIHTC)Waitlist Closed

Terrace Apts

6640 NW 10th St, Oklahoma City, OK, 73127

Information verified May 28, 2026·We re-check waiting list status daily

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About This Property

Terrace Apts offers 206 units designated as low-income housing in Oklahoma City, Oklahoma County. The property participates in the 9% Low-Income Housing Tax Credit program and serves residents requiring affordable rental options. Current management handles day-to-day operations of the community.

Waitlist Information

Waitlist managed by Oklahoma Housing Finance Agency

Public Housing Waitlist

Closed

Priority placement may be given to families with children, elderly applicants, and disabled individuals.

Last verified April 27, 2026

Section 8 (HCV) Waitlist

Closed

OHFA offers preferences for homeless individuals/families and persons with disabilities. Proof of disability is required at the time of placement on the waiting list.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated May 28, 2026

Property Details

Total Units

206

Fair Market Rent - Oklahoma 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 - Oklahoma County, OK

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $15,400
Very Low (50%): $25,650
Low (80%): $41,000

2 Persons

Extremely Low (30%): $17,600
Very Low (50%): $29,300
Low (80%): $46,850

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $32,950
Low (80%): $52,700

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $36,600
Low (80%): $58,550

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $39,550
Low (80%): $63,250

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $42,500
Low (80%): $67,950

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $45,400
Low (80%): $72,650

8 Persons

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

Tax Credit Program Details

Year Placed in Service

8888

LIHTC Credit Type

Low-Income Units

206 / 206

Frequently Asked Questions

What is the average rent for affordable housing in Oklahoma City, OK?+

The Fair Market Rent (FMR) for Oklahoma County, OK is: $824 (Studio), $884 (1BR), $1091 (2BR), $1454 (3BR), $1605 (4BR). Actual rent at subsidized properties like Terrace Apts is typically 30% of household income or less.

What are the income limits for affordable housing in Oklahoma County, OK?+

For a 4-person household in Oklahoma 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.

How do I apply for housing at Terrace Apts?+

Terrace Apts 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.

Is there a waitlist for Terrace Apts?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages Terrace Apts?+

Terrace Apts is managed by . You can reach them at . Visit their website for more information.

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