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Low Income (LIHTC)Waitlist Open

Oak Trace

7419 S Verde St, Tacoma, WA, 98409

Information verified May 29, 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
Apply: Online

The Family Property Waitlist is open continuously. Applications are accepted at any time through the online service portal. This waitlist is for units at THA properties. Households are randomly selected from the waitlist when units become available.

Last verified April 22, 2026
Section 8 (HCV) Waitlist
Open
Apply: Online

The Housing Choice Voucher Waitlist is open continuously. Applications are accepted at any time through the online service portal. Households are randomly selected from the waitlist when vouchers become available. Previously, the waitlist opened only every few years.

Last verified April 22, 2026

Waitlist data provided by section8waitlist.org

Updated May 29, 2026

Property Details

Total Units
60

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.

BedroomsFMR
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

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Tax Credit Program Details

Year Placed in Service
2017
LIHTC Credit Type
9%
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.

Who manages Oak Trace?+

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

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.

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.

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Walk Score

Car-Dependent

46
Walk
46
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Pierce County, WA

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Housing Resources in Tacoma, WA

HUD-Approved Counseling Agencies

TACOMA/ PIERCE COUNTY HABITAT FOR HUMANITY

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops