About This Property
Heritage Villa Apts is an 8-unit affordable housing community in Neelyville, Missouri, comprising four 1-bedroom and four 2-bedroom units designated for low-income residents. The property has been in service since 1992 and operates in Butler County.
Property Details
Fair Market Rent - Butler County, MO
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $602 |
| 1 Bedroom | $607 |
| 2 Bedroom | $798 |
| 3 Bedroom | $1,090 |
| 4 Bedroom | $1,209 |
Income Limits - Butler County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,750
- Low (80%)
- $31,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,550
- Low (80%)
- $36,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,350
- Low (80%)
- $40,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,150
- Low (80%)
- $45,050
- Extremely Low (30%)
- $30,450
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $32,700
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $34,950
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $37,200
- Very Low (50%)
- $37,200
- Low (80%)
- $59,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,750 | $31,550 |
| 2 Persons | $17,420 | $22,550 | $36,050 |
| 3 Persons | $21,960 | $25,350 | $40,550 |
| 4 Persons | $26,500 | $28,150 | $45,050 |
| 5 Persons | $30,450 | $30,450 | $48,700 |
| 6 Persons | $32,700 | $32,700 | $52,300 |
| 7 Persons | $34,950 | $34,950 | $55,900 |
| 8 Persons | $37,200 | $37,200 | $59,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Neelyville, MO?+
The Fair Market Rent (FMR) for Butler County, MO is: $602 (Studio), $607 (1BR), $798 (2BR), $1090 (3BR), $1209 (4BR). Actual rent at subsidized properties like Heritage Villa Apts is typically 30% of household income or less.
What size apartments are available at Heritage Villa Apts?+
Heritage Villa Apts offers the following unit types: 4 One-Bedroom, 4 Two-Bedroom units, for a total of 8 units.
How do I apply for housing at Heritage Villa Apts?+
Heritage Villa Apts 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.
Who manages Heritage Villa Apts?+
Heritage Villa Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Butler County, MO?+
For a 4-person household in Butler County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,150, Low Income (80% AMI): $45,050. These limits are set by HUD and updated annually.
What is the price range for apartments in Neelyville, MO?+
Based on Fair Market Rent for Butler County, the estimated price range is: 1-bedroom: $607, 2-bedroom: $798. Actual rent at Heritage Villa Apts may be lower for income-eligible households.
Contact Information
Location
Butler County, MO
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