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Oak Terrace - Ottumwa

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About This Oak Terrace - Ottumwa

Oak Terrace is a complex situated in Ottumwa, IA that offers affordable housing for those on a low income. These rental apartments benefit from the Low-Income Housing Tax Credit (LIHTC) scheme which sets rental prices and income restrictions. Developers and builders who participate in LIHTC are rewarded for their efforts in providing affordable housing options for those in need. The maximum rent charged for these apartments is based on the AMI, which is the Area Median Income. This complex comprises of 12 townhomes that are either three or four bedrooms. As there is often a waiting list for apartments, we recommend directly contacting Oak Terrace using the provided number to find out if you are eligible to apply for residency.

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How to apply

Public housing is a form of housing tenure in which the property is usually owned by a government authority, either central or local. The federal Housing and Urban Development (HUD) department addressed concerns of distressed properties and blighted superblocks with revitalization and funding projects for the renewal of public housing to decrease its density and allow for tenants with mixed income levels.

1. Check Your Eligibility Criteria

2. Search For Your Local Housing Authority

3. Fill In And Submit The Application Form

4. Check Your Waiting List Status

5. Move Into An Unit

Statement

The information provided on our website is for general informational purposes only. We do not guarantee the accuracy, completeness, reliability, suitability, or availability of any rental property information listed on our website. All content and information provided on this website are subject to change without notice. The photos and descriptions of rental properties posted on our website are sourced from the general public and the Internet. We have not verified the accuracy of this information and we are not responsible for any errors, omissions or misstatements in such information. If you find any false information or infringement on our website, please click Feedback to contact us, and we will deal with it as soon as possible.