About This Property
Old Frederick Town Road offers 56 two-bedroom units in Farmington, MO for low-income households. The property was placed in service in 1989 and is funded through tax-exempt bonds. Interested applicants can contact the property directly for more information about availability and application procedures.
Property Details
Fair Market Rent - St. Francois 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 | $617 |
| 1 Bedroom | $623 |
| 2 Bedroom | $819 |
| 3 Bedroom | $1,117 |
| 4 Bedroom | $1,122 |
Income Limits - St. Francois County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,200
- Very Low (50%)
- $22,050
- Low (80%)
- $35,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,200
- Low (80%)
- $40,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,350
- Low (80%)
- $45,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,450
- Low (80%)
- $50,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,000
- Low (80%)
- $54,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,500
- Low (80%)
- $58,350
- Extremely Low (30%)
- $39,000
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $41,550
- Very Low (50%)
- $41,550
- Low (80%)
- $66,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,200 | $22,050 | $35,250 |
| 2 Persons | $17,420 | $25,200 | $40,250 |
| 3 Persons | $21,960 | $28,350 | $45,300 |
| 4 Persons | $26,500 | $31,450 | $50,300 |
| 5 Persons | $31,040 | $34,000 | $54,350 |
| 6 Persons | $35,580 | $36,500 | $58,350 |
| 7 Persons | $39,000 | $39,000 | $62,400 |
| 8 Persons | $41,550 | $41,550 | $66,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Farmington, MO?+
The Fair Market Rent (FMR) for St. Francois County, MO is: $617 (Studio), $623 (1BR), $819 (2BR), $1117 (3BR), $1122 (4BR). Actual rent at subsidized properties like Old Frederick Town Road is typically 30% of household income or less.
What size apartments are available at Old Frederick Town Road?+
Old Frederick Town Road offers the following unit types: 56 Two-Bedroom units, for a total of 56 units.
What are the income limits for affordable housing in St. Francois County, MO?+
For a 4-person household in St. Francois County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,450, Low Income (80% AMI): $50,300. These limits are set by HUD and updated annually.
How do I apply for housing at Old Frederick Town Road?+
Old Frederick Town Road 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 Farmington, MO?+
Based on Fair Market Rent for St. Francois County, the estimated price range is: 2-bedroom: $819. Actual rent at Old Frederick Town Road may be lower for income-eligible households.
Who manages Old Frederick Town Road?+
Old Frederick Town Road is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
St. Francois County, MO
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