3901 E 56th Ter, Kansas City, MO 64130
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2020 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $639 - 924 per Month† | 1 - 3 Beds | 1 - 1.5 Bath | 716 - 1,067 Sq Ft |
Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Welcome home to Friendship Village Apartments, located in Kansas City, Missouri!
Friendship Village Apartments is a proud member of the Yarco family of apartment communities. Yarco takes pride in offering the highest quality of service to our customers in both our affordable and conventional apartment communities. We offer relaxing and comfortable one, two, and three bedroom apartments, along with many great amenities including two children's playgrounds, a picnic pavilion, community garden, children’s playroom, computer room, off-street parking, on-site laundry facility, and so much more! Take advantage of our complimentary resident move-in concierge service, using the Updater moving app! Updater's moving app is the smartest and safest way to reserve a moving company, connect TV and internet, update accounts, forward mail, transfer utilities, and more when you move into our community. If you want to get out and about, you'll find great dining, shopping, and entertainment options very close by, such as Kansas City Zoo, Swope Memorial Golf Course, and The Brookside Shops. Friendship Village Apartments is also located near several of the area's top schools and employers, including Pinkerton Elementary, Southeast Junior High School, RMC School of Radiologic Technology, Blenheim Square Research Medical Center, and Sun Fresh Market. With excellent access to major roads such as Highway 71, you can be anywhere in the area in just minutes. Apartment living has never been so convenient!
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Friendship Village Apartments has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 716ft2 | $639† |
| 2 Bedroom - A (2/1) | 751ft2 | $665† |
| 2 Bedroom - B (2/1.5) | 826ft2 | $711† |
| 3 Bedroom - A (3/1.5) | 1067ft2 | $924† |
| 3 Bedroom - B (3/1.5) | 948ft2 | $832† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $21,550 / year | $24,600 / year | $27,700 / year | $30,750 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $35,900 / year | $41,000 / year | $46,150 / year | $51,250 / year | $55,350 / year | $59,450 / year |
| 50% AMI for PBRA Units | $35,900 / year | $41,000 / year | $46,150 / year | $51,250 / year | $55,350 / year | $59,450 / year |
| 60% AMI for LIHTC Units | $43,080 / year | $49,200 / year | $55,380 / year | $61,500 / year | $66,420 / year | $71,340 / year |
| 80% AMI for PBRA Units | $57,400 / year | $65,600 / year | $73,800 / year | $82,000 / year | $88,600 / year | $95,150 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Friendship Village Apartments have a waiting list?
Friendship Village Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Friendship Village Apartments?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Friendship Village Apartments?
Friendship Village Apartments is managed by Yarco Companies headquartered in kansas city, mo.
In addition to Friendship Village Apartments, how many other affordable housing properties (and units) are there in Kansas City?
In addition to Friendship Village Apartments, we list 323 other affordable properties in Kansas City. Learn about these properties here. Our data research shows that there are a total of 16952 affordable units in Kansas City.
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