About This Property
Sandstone Homes I consists of 24 studio units designed for low-income households in El Dorado, Kansas. The property was placed in service in 2008 and operates under 9% Low-Income Housing Tax Credit funding. A nonprofit organization owns and manages the community.
Property Details
Fair Market Rent - Butler County, KS
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $689 |
| 1 Bedroom | $774 |
| 2 Bedroom | $1,017 |
| 3 Bedroom | $1,339 |
| 4 Bedroom | $1,639 |
Income Limits - Butler County, KS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,950
- Very Low (50%)
- $26,550
- Low (80%)
- $42,500
- Extremely Low (30%)
- $18,200
- Very Low (50%)
- $30,350
- Low (80%)
- $48,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,150
- Low (80%)
- $54,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,900
- Low (80%)
- $60,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,950
- Low (80%)
- $65,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,000
- Low (80%)
- $70,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,000
- Low (80%)
- $75,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,050
- Low (80%)
- $80,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,950 | $26,550 | $42,500 |
| 2 Persons | $18,200 | $30,350 | $48,550 |
| 3 Persons | $21,960 | $34,150 | $54,600 |
| 4 Persons | $26,500 | $37,900 | $60,650 |
| 5 Persons | $31,040 | $40,950 | $65,550 |
| 6 Persons | $35,580 | $44,000 | $70,400 |
| 7 Persons | $40,120 | $47,000 | $75,250 |
| 8 Persons | $44,660 | $50,050 | $80,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in El Dorado, KS?+
The Fair Market Rent (FMR) for Butler County, KS is: $689 (Studio), $774 (1BR), $1017 (2BR), $1339 (3BR), $1639 (4BR). Actual rent at subsidized properties like Sandstone Homes I is typically 30% of household income or less.
What size apartments are available at Sandstone Homes I?+
Sandstone Homes I offers the following unit types: 24 Studio units, for a total of 24 units.
How do I apply for housing at Sandstone Homes I?+
Sandstone Homes I is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Butler County, KS?+
For a 4-person household in Butler County, KS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,900, Low Income (80% AMI): $60,650. These limits are set by HUD and updated annually.
Who manages Sandstone Homes I?+
Sandstone Homes I is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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