About This Property
Fort Hope comprises 44 low-income residential units in Cape Girardeau, Missouri, with a unit mix of eight 1-bedroom, thirty-two 2-bedroom, and four 3-bedroom apartments. The property was placed in service in 2001 and utilizes 9% Low-Income Housing Tax Credits to support its affordability.
Property Details
Fair Market Rent - Cape Girardeau 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 | $685 |
| 1 Bedroom | $742 |
| 2 Bedroom | $933 |
| 3 Bedroom | $1,315 |
| 4 Bedroom | $1,540 |
Income Limits - Cape Girardeau County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,400
- Very Low (50%)
- $22,300
- Low (80%)
- $35,700
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,500
- Low (80%)
- $40,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,700
- Low (80%)
- $45,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,850
- Low (80%)
- $50,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,400
- Low (80%)
- $55,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,950
- Low (80%)
- $59,150
- Extremely Low (30%)
- $39,500
- Very Low (50%)
- $39,500
- Low (80%)
- $63,200
- Extremely Low (30%)
- $42,050
- Very Low (50%)
- $42,050
- Low (80%)
- $67,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,400 | $22,300 | $35,700 |
| 2 Persons | $17,420 | $25,500 | $40,800 |
| 3 Persons | $21,960 | $28,700 | $45,900 |
| 4 Persons | $26,500 | $31,850 | $50,950 |
| 5 Persons | $31,040 | $34,400 | $55,050 |
| 6 Persons | $35,580 | $36,950 | $59,150 |
| 7 Persons | $39,500 | $39,500 | $63,200 |
| 8 Persons | $42,050 | $42,050 | $67,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cape Girardeau, MO?+
The Fair Market Rent (FMR) for Cape Girardeau County, MO is: $685 (Studio), $742 (1BR), $933 (2BR), $1315 (3BR), $1540 (4BR). Actual rent at subsidized properties like Fort Hope is typically 30% of household income or less.
What size apartments are available at Fort Hope?+
Fort Hope offers the following unit types: 8 One-Bedroom, 32 Two-Bedroom, 4 Three-Bedroom units, for a total of 44 units.
How do I apply for housing at Fort Hope?+
Fort Hope 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 Cape Girardeau County, MO?+
For a 4-person household in Cape Girardeau County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,850, Low Income (80% AMI): $50,950. These limits are set by HUD and updated annually.
What is the price range for apartments in Cape Girardeau, MO?+
Based on Fair Market Rent for Cape Girardeau County, the estimated price range is: 1-bedroom: $742, 2-bedroom: $933, 3-bedroom: $1315. Actual rent at Fort Hope may be lower for income-eligible households.
Who manages Fort Hope?+
Fort Hope is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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