About This Property
Madison Square contains 24 three-bedroom units designed to serve low-income families in Strafford, Missouri. The property has been in service since 2006 and operates with 9% Low-Income Housing Tax Credit financing. All 24 units at this Greene County property are designated as affordable housing.
Property Details
Fair Market Rent - Greene 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 | $718 |
| 1 Bedroom | $723 |
| 2 Bedroom | $921 |
| 3 Bedroom | $1,274 |
| 4 Bedroom | $1,434 |
Income Limits - Greene County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,550
- Very Low (50%)
- $22,550
- Low (80%)
- $36,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,800
- Low (80%)
- $41,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,000
- Low (80%)
- $46,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,200
- Low (80%)
- $51,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,800
- Low (80%)
- $55,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,400
- Low (80%)
- $59,750
- Extremely Low (30%)
- $39,950
- Very Low (50%)
- $39,950
- Low (80%)
- $63,900
- Extremely Low (30%)
- $42,550
- Very Low (50%)
- $42,550
- Low (80%)
- $68,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,550 | $22,550 | $36,050 |
| 2 Persons | $17,420 | $25,800 | $41,200 |
| 3 Persons | $21,960 | $29,000 | $46,350 |
| 4 Persons | $26,500 | $32,200 | $51,500 |
| 5 Persons | $31,040 | $34,800 | $55,650 |
| 6 Persons | $35,580 | $37,400 | $59,750 |
| 7 Persons | $39,950 | $39,950 | $63,900 |
| 8 Persons | $42,550 | $42,550 | $68,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Strafford, MO?+
The Fair Market Rent (FMR) for Greene County, MO is: $718 (Studio), $723 (1BR), $921 (2BR), $1274 (3BR), $1434 (4BR). Actual rent at subsidized properties like Madison Square is typically 30% of household income or less.
What size apartments are available at Madison Square?+
Madison Square offers the following unit types: 24 Three-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Greene County, MO?+
For a 4-person household in Greene County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,200, Low Income (80% AMI): $51,500. These limits are set by HUD and updated annually.
Who is eligible to live at Madison Square?+
Madison Square primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Madison Square?+
Madison Square 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 Madison Square?+
Madison Square is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Strafford, MO?+
Based on Fair Market Rent for Greene County, the estimated price range is: 3-bedroom: $1274. Actual rent at Madison Square may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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