Lone Terrace LIHTC Lone Grove, OK
Profile last updated · Data vintage: HUD LIHTC 2024
Lone Terrace is a Low-Income Housing Tax Credit (LIHTC) community in Lone Grove, OK with 31 units. Rents are set relative to household income.
31
total units
—
occupancy
—
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 501 Newport Rd, Lone Grove, OK 73443 Map → |
| Tax-credit (LI) units | 31 |
| Placed in service | 2004 |
How to apply at Lone Terrace
LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
- Call or visit the management office at 501 Newport Rd, Lone Grove; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget.
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Pecan Creek Rolling Meadows of Ardm PB Section 8 | Ardmore | 6.8 km |
| Ardmore Village PB Section 8 | Ardmore | 7.9 km |
| Ashbrooke Place Apts LIHTC | Ardmore | 7.9 km |
| Serenity Park Ii LIHTCPB Section 8 | Ardmore | 8.7 km |
| Shady Acres LIHTCPB Section 8 | Ardmore | 9.3 km |
| Keys Enabling Your Success §811 | Ardmore | 9.3 km |
| Columbia Crossing LIHTCPB Section 8 | Ardmore | 9.5 km |
| Chambrooke Homes of Ardmore LIHTCPB Section 8 | Ardmore | 9.5 km |
← All subsidized housing in Lone Grove
Frequently asked questions
What kind of subsidy does Lone Terrace have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Lone Terrace?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Lone Terrace?
Contact the management office at 501 Newport Rd in Lone Grove. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.