Oakwood Terrace LIHTCPB Section 8 Princeton, MO
Profile last updated · Data vintage: HUD FY2025
Oakwood Terrace is a Project-Based Section 8 community in Princeton, MO with 35 units reporting 71% occupancy. Assisted residents pay about $285/month on average.
35
total units
71%
occupancy
$285
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Project-Based Section 8, Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 400 W Elm St, Princeton, MO 64673 Map → |
| Average household income | $12,133/yr |
| Average personal income | $12,133/yr |
| People per unit | 1 |
| Moved in within last year | 21% |
| Households below 30% AMI | 83% |
| Households below 50% AMI | 100% |
| One-bedroom share | 100% |
How to apply at Oakwood 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 400 W Elm St, Princeton; 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 (~$285/mo average here).
Other subsidized housing in Princeton
- Hal England & Cain St Apt Public Housing
- Mercer County Family Apts LIHTC
← All subsidized housing in Princeton
Frequently asked questions
What kind of subsidy does Oakwood Terrace have?
Project-Based Section 8; 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 Oakwood Terrace?
Residents report average rents near $285/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Oakwood Terrace?
Contact the management office at 400 W Elm St in Princeton. 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.