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Affordable Rental Apartments Supported by LIHTC in Chaffee, MO Introduction: Eureka Apartments, a Low-Income Housing Tax Credit (LIHTC) apartment complex, offers affordable housing options for individuals seeking cost-effective accommodations in Chaffee, MO. Rent and Income Restrictions: These rental apartments receive support from the LIHTC program, which encourages builders and developers to provide low-income individuals with accessible housing. The maximum rent charged is determined based on the Area Median Income (AMI), which may render this apartment unaffordable for some low-income residents. It is advisable to check the current rental rates to assess affordability. Dwelling Details and Waiting Lists: Comprising of 50 one-bedroom apartments, Eureka Apartments caters to low-income individuals. As with many rental complexes, waiting lists may be applicable. To explore the possibility of applying and qualifying for residency, interested individuals are encouraged to contact the provided number directly. HUD Subsidies: Furthermore, this apartment complex accepts HUD subsidies. If you are eligible for low-income housing and Eureka Apartments currently has available units, your rent will be based on 30% of your Adjusted Gross Income. To obtain specific details, please call the provided contact number. Conclusion: Eureka Apartments offers low-income individuals the opportunity to reside in affordable rental apartments, thanks to the support of the LIHTC program. With 50 one-bedroom units and the acceptance of HUD subsidies, this complex presents a potential housing solution for those seeking cost-effective accommodations in Chaffee, MO.
1200 S Main Street, Chaffee, MO 63740
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