Low Income (LIHTC)

Oak Park Salem

61 Otter Ave, Salem, VA, 24153

Information verified April 17, 2026·We re-check waiting list status daily

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About This Property

Oak Park Salem offers 144 units in Salem, VA, with 140 units designated as low-income housing. The property was placed in service in 2011 and is funded through tax-exempt bonds and 4% LIHTC credits. This community serves families seeking affordable rental housing.

Property Details

Total Units

144

Income Limits - Salem County, VA

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

1 Person

Extremely Low (30%): $16,450
Very Low (50%): $27,450
Low (80%): $43,900

2 Persons

Extremely Low (30%): $18,800
Very Low (50%): $31,400
Low (80%): $50,200

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $35,300
Low (80%): $56,450

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $39,200
Low (80%): $62,700

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $42,350
Low (80%): $67,750

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $45,500
Low (80%): $72,750

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $48,650
Low (80%): $77,750

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $51,750
Low (80%): $82,800

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$16,450	$27,450	$43,900
2 Persons	$18,800	$31,400	$50,200
3 Persons	$21,960	$35,300	$56,450
4 Persons	$26,500	$39,200	$62,700
5 Persons	$31,040	$42,350	$67,750
6 Persons	$35,580	$45,500	$72,750
7 Persons	$40,120	$48,650	$77,750
8 Persons	$44,660	$51,750	$82,800

Tax Credit Program Details

Year Placed in Service

2011

LIHTC Credit Type

Low-Income Units

140 / 144

Target Population

Families

Funding Programs

Tax-Exempt Bond

Frequently Asked Questions

What are the income limits for affordable housing in Salem County, VA?+

For a 4-person household in Salem County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,200, Low Income (80% AMI): $62,700. These limits are set by HUD and updated annually.

How do I apply for housing at Oak Park Salem?+

Oak Park Salem 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 is eligible to live at Oak Park Salem?+

Oak Park Salem primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Oak Park Salem?+

Oak Park Salem is managed by . You can reach them at . Visit their website for more information.

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