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Laureola Oaks

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About This Laureola Oaks

Laureola Oaks, situated in San Carlos, CA, is a housing option for those seeking affordable accommodations. These rental apartments are backed by the LIHTC, which offers incentives to builders and developers to create affordable housing options for individuals with low incomes. The LIHTC sets maximum rent rates based on the AMI, or Area Median Income, which may still make this apartment unaffordable for individuals with low incomes. However, there are 16 one, two, and three bedroom apartments available with income restrictions. It is important to check current rental rates to determine affordability. Most apartments have waiting lists, but interested parties are encouraged to contact the apartment directly to determine eligibility 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

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