Oak Terrace LIHTC Bonifay, FL

Profile last updated · Data vintage: HUD LIHTC 2024

Oak Terrace is a Low-Income Housing Tax Credit (LIHTC) community in Bonifay, FL with 18 units. Rents are set relative to household income.

18
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address100 Oak Ter Ln, Bonifay, FL 32425 Map →
Tax-credit (LI) units18
Placed in service1994

How to apply at Oak 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.

  1. Call or visit the management office at 100 Oak Ter Ln, Bonifay; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Bonifay

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Frequently asked questions

What kind of subsidy does Oak 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 Oak 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 Oak Terrace?
Contact the management office at 100 Oak Ter Ln in Bonifay. 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.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.