Low Income (LIHTC)Waitlist Open

Oak Trace

7419 S Verde St, Tacoma, WA, 98409

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Oak Trace comprises 60 units in Tacoma, Washington, with 58 designated as low-income housing. The property has served families and individuals with disabilities since 2017 and is funded through 9% Low-Income Housing Tax Credits. The development is actively managed to provide affordable rental options in Pierce County.

Waitlist Information

Waitlist managed by Tacoma Housing Authority

Public Housing Waitlist

Open

Opened November 14, 2024

Apply: Online

Waitlists will remain open continuously. Households will be randomly selected from the waitlist when units become available. Previously, THA randomly selected applicants, and those not selected had to wait up to two years. 1- or 2-person households that are not senior and/or disabled often have a longer wait for a THA unit because most 1-bedroom apartments are set aside for senior/disabled households.

Last verified April 14, 2026

Section 8 (HCV) Waitlist

Open

Opened November 14, 2024

Apply: Online

Waitlists will remain open continuously. Households will be randomly selected from the waitlist when vouchers become available. Previously, THA randomly selected applicants, and those not selected had to wait up to two years. It may take a year or two for a family to come to the top of the waitlist.

Last verified April 14, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units

Fair Market Rent - Pierce County, WA

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

Bedrooms	FMR
Studio/Efficiency	$1,430
1 Bedroom	$1,603
2 Bedroom	$1,987
3 Bedroom	$2,800
4 Bedroom	$3,236

Income Limits - Pierce County, WA

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

1 Person

Extremely Low (30%): $19,100
Very Low (50%): $31,800
Low (80%): $50,900

2 Persons

Extremely Low (30%): $21,800
Very Low (50%): $36,350
Low (80%): $58,150

3 Persons

Extremely Low (30%): $24,550
Very Low (50%): $40,900
Low (80%): $65,400

4 Persons

Extremely Low (30%): $27,250
Very Low (50%): $45,400
Low (80%): $72,650

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $49,050
Low (80%): $78,500

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $52,700
Low (80%): $84,300

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $56,300
Low (80%): $90,100

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $59,950
Low (80%): $95,900

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$19,100	$31,800	$50,900
2 Persons	$21,800	$36,350	$58,150
3 Persons	$24,550	$40,900	$65,400
4 Persons	$27,250	$45,400	$72,650
5 Persons	$31,040	$49,050	$78,500
6 Persons	$35,580	$52,700	$84,300
7 Persons	$40,120	$56,300	$90,100
8 Persons	$44,660	$59,950	$95,900

Tax Credit Program Details

Year Placed in Service

2017

LIHTC Credit Type

Low-Income Units

58 / 60

Target Population

FamiliesDisabled

Frequently Asked Questions

What is the average rent for affordable housing in Tacoma, WA?+

The Fair Market Rent (FMR) for Pierce County, WA is: $1430 (Studio), $1603 (1BR), $1987 (2BR), $2800 (3BR), $3236 (4BR). Actual rent at subsidized properties like Oak Trace is typically 30% of household income or less.

What are the income limits for affordable housing in Pierce County, WA?+

For a 4-person household in Pierce County, WA, the income limits are: Extremely Low Income (30% AMI): $27,250, Very Low Income (50% AMI): $45,400, Low Income (80% AMI): $72,650. These limits are set by HUD and updated annually.

How do I apply for housing at Oak Trace?+

Oak Trace 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 Oak Trace?+

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

Is there a waitlist for Oak Trace?+

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

Who is eligible to live at Oak Trace?+

Oak Trace primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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