Oak Terrace LIHTC Ottumwa, IA
Profile last updated · Data vintage: HUD LIHTC 2024
Oak Terrace is a Low-Income Housing Tax Credit (LIHTC) community in Ottumwa, IA with 12 units. Rents are set relative to household income.
12
total units
—
occupancy
—
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 561 Ottumwa St, Ottumwa, IA 52501 Map → |
| Tax-credit (LI) units | 12 |
| Placed in service | 2004 |
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.
- Call or visit the management office at 561 Ottumwa St, Ottumwa; 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.
Other subsidized housing in Ottumwa
- Camelot/westgate Towers Public Housing
- Southoak Towers Public Housing
- Family Sites Public Housing
- Washington Apartments LIHTC
- Wapello Woods PB Section 8
- Hillside Apartments PB Section 8
- Emerald Hill Apts LIHTCPB Section 8
- Prairie Townhomes LIHTC
← All subsidized housing in Ottumwa
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 561 Ottumwa St in Ottumwa. 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.