Oakwood Sarasota is a mixed-income community, offering apartment homes to residents with both restricted and unrestricted income. Restricted-income residents are subject to the Maximum Allowable Household Incomes, as identified below.

Household Size: Includes each person who will reside in the home.

Household Income: All income from any income source, including (but not limited to): all wages, social security payments, retirement benefits, military and veteran's disability payments, unemployment benefits, welfare benefits, and interest and dividend payments.

Maximum Allowable Household Income: HUD (“US Department of Housing of Urban Development”) publishes annual income limits based on household size that are used to determine the maximum household income.

Table showing rent limits based on bedroom count and associated costs for a housing program starting April 1, 2025.
A table displaying rent limits for different bedroom types under a housing program. The table shows three categories: maximum rent, utility allowance, and net rent for 1, 2, and 3 bedroom units, all at 80% affordability. The dates specified are for 04/01/2025.