About This Property
Oasis Cove is a 64-unit residential community in Canadian, TX that provides low-income housing. The property has been in service since 2013 and receives funding through the HOME program. Interested parties can contact the property management for additional information regarding availability and application procedures.
Property Details
Fair Market Rent - Hemphill County, TX
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $833 |
| 1 Bedroom | $862 |
| 2 Bedroom | $1,070 |
| 3 Bedroom | $1,380 |
| 4 Bedroom | $1,590 |
Income Limits - Hemphill County, TX
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 Canadian, TX?+
The Fair Market Rent (FMR) for Hemphill County, TX is: $833 (Studio), $862 (1BR), $1070 (2BR), $1380 (3BR), $1590 (4BR). Actual rent at subsidized properties like Oasis Cove is typically 30% of household income or less.
What are the income limits for affordable housing in Hemphill County, TX?+
For a 4-person household in Hemphill County, TX, 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 manages Oasis Cove?+
Oasis Cove is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Oasis Cove?+
Oasis Cove 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.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.