Oak Terrace
Bonifay, FL - 32425

Contact

Oak Terrace

100 Oak Terrace Lane
Bonifay, FL - 32425
(850) 547-4941
Fax Number: (850) 547-6199


Office Hours

  • Monday 8:00 AM - 5:00 PM
  • Tuesday 8:00 AM - 5:00 PM
  • Wednesday 8:00 AM - 5:00 PM
  • Thursday 8:00 AM - 5:00 PM
  • Friday 8:00 AM - 5:00 PM
  • Saturday closed
  • Sunday closed


See ALL Bonifay Low Income Housing Apartments ALL BONIFAY Listings

Last-Modified: 2022-07-08 03:59:29



Median apartment rental rate in this zip code: $695
Population in zip code: 13,586
Media age of those living in this zip code: 41
Media household income of those living in this zip code: $37,296
Average home value in this zip code: $98,303


Oak Terrace offers 18 low income one bedroom units. This is a Low Income Housing Tax Credit community and will have rent and income restrictions based on the Area Median Income.

Office Hours: W 8 am - 5 pm

Given the demand for low income housing, there may be a waiting list. 

If this listing is incorrect, please contact us using the form below.



Tips Before Applying for Low Income Housing
  • 1. Research all of the different low-income housing programs available in your area. There are a variety of federal, state, and local programs that offer low-income housing assistance. Each program has its own eligibility requirements and application process, so it is important to do your research to find the program that is right for you.
  • 2. Get all of your documentation in order: When you apply for low income housing, you will need to provide documentation of your income, assets, and household composition. This documentation may include tax returns, pay stubs, bank statements, and birth certificates.
  • 3. Be careful and accurate on all information provided: Any false or misleading information on your application will most likely result in your disqualification.
  • 4. Waiting Lists: The waiting lists for most, if not all low-income housing programs is long. Do not limit yourself to only apply to one apartment location.

Qualifications: Do you qualify to live here?
To qualify for low income housing in Florida, you must meet the following income requirements:

Your household income must be below 80% of the area median income (AMI). The AMI is updated annually by the Department of Housing and Urban Development (HUD) and varies by county.

You must have a valid Social Security number or Individual Taxpayer Identification Number (ITIN).

You must be a U.S. citizen or a legal immigrant.

In addition to the income requirements, you may also need to meet other eligibility requirements, such as:

- You must not have been evicted from any public housing or Section 8 housing in the past three years.
- You must not have any outstanding felony convictions for drug-related offenses.
- You must not be a registered sex offender.

Type: One Bedroom Available


Questions and Answers

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See ALL Bonifay Low Income Housing Apartments ALL BONIFAY Listings


Low Income Apartments Nearby

* Mileage is based as direct lines from geocoded point to point (as the crow flies). Please check google maps for exact directions and road miles.



Federal Poverty Guidelines for 2023
Persons In Family Household Poverty Guideline
For Households with more than 8 persons, add $4,480 for each additional person.
1 $14,580
2 $19,720
3 $24,860
4 $30,000
5 $35,140
6 $40,280
7 $45,420
8 $50,560

*Alaska and Hawaii have different rates for HUD federal poverty guidelines.
These numbers above represent 100% of the Federal Poverty Rate. In order to get in some apartments the 100% rate changes to things like 200%. In these cases, you will only need to multiply the rate in each category by 2.


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Contact Your Local Housing Authority
Housing authorities have many opportunities. Many do have closed waiting lists, but they may be able to provide other public housing resources.

Check The Federal Poverty Sliding Scale Guidelines
Check to see if you qualify for low cost or free housing by comparing the guidelines to your income records.



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