Oak Terrace

Low Income Housing
Bonifay, FL
Contact Information

100 Oak Terrace Lane
Bonifay, FL - 32425

(850) 547-4941 Click to call There are no reviews. Be the first to leave one

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About Oak Terrace

Last-Modified: 2020-11-12 13:50:18

Median apartment rental rate in this zip code: $466
Population in zip code: 14,268
Median age of those living in this zip code: 41
Average household income of those living in this zip code: $36,752
Average home value in this zip code: $98,631


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.

Note: Apartments may not have openings or may have long waiting lists. Call for complete details.



Type: One Bedroom Available


Hours of operation:


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Federal Poverty Guidelines for 2020 - effective January 2020

Persons In Family Household Poverty Guideline
For Households with more than 8 persons, add $4,480 for each additional person.
1 $12,760
2 $17,240
3 $21,720
4 $26,200
5 $30,680
6 $35,160
7 $39,640
8 $44,120

*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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