About This Property
Simon Place offers 28 low-income units in Bolivar, Missouri, serving families and individuals with disabilities. The property, which was placed in service in 2009, contains 27 three-bedroom units and one four-bedroom unit. Residents can contact the management office for leasing information and inquiries.
Property Details
Fair Market Rent - Polk 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 | $638 |
| 1 Bedroom | $642 |
| 2 Bedroom | $797 |
| 3 Bedroom | $1,090 |
| 4 Bedroom | $1,285 |
Income Limits - Polk 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 Bolivar, MO?+
The Fair Market Rent (FMR) for Polk County, MO is: $638 (Studio), $642 (1BR), $797 (2BR), $1090 (3BR), $1285 (4BR). Actual rent at subsidized properties like Simon Place is typically 30% of household income or less.
What size apartments are available at Simon Place?+
Simon Place offers the following unit types: 27 Three-Bedroom, 1 Four-Bedroom units, for a total of 28 units.
What are the income limits for affordable housing in Polk County, MO?+
For a 4-person household in Polk 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.
Who manages Simon Place?+
Simon Place is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Simon Place?+
Simon Place primarily serves families, persons with disabilities. 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 Simon Place?+
Simon Place 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 is the price range for apartments in Bolivar, MO?+
Based on Fair Market Rent for Polk County, the estimated price range is: 3-bedroom: $1090. Actual rent at Simon Place may be lower for income-eligible households.
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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