Royal Oaks Estates
The Royal Oaks Rent-to-Own Tax Credit development is located in Woodland Park, sitting East of the grade school and near the water tower on Meadow Lane, Englewood, and Forest Drive. This development includes 14 ranch style homes, all of which are 4 bedroom, 2 bath, and 2 car garages. Persons interested in this development must be income eligible, interested in becoming a homeowner, complete a REACH class regarding home ownership, develop and follow a home ownership plan with goals, and live in the home for a minimum of one year before a home ownership opportunity can be available. No pets and no smoking allowed.
These homes include the following features:
- Frost free refrigerator
- Electric range
- Washer and Dryer
- Pre-finished Oak woodwork throughout
- Electric heat and hot water
- Central Air Conditioning
- Carpeting and inlaid vinyl throughout
- Spacious rooms
- Walk-in closets
- Underground Sprinkler Systems
These homes are leased at reduced rents to income eligible families through the low income housing tax credit program. Housing Choice Voucher assistance is accepted in these homes. Tenants are responsible for all utilities, as well as caring for the lawn and snow removal. Periodic meetings with the famiy to train on responsibilities of home ownership will be a required component of the lease.
Housing staff are taking names for the 14 Rent-to-Own tax credit homes, Waiting list for these is currently 2-3+ years. Contact Sally at 402-844-2080 or email