6367 Lalite Avenue, St Louis, MO 63136
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Ben D. Layfield, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 Beds | 1 Bath | 821 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
STAR Residences Phase II consists of a new, three-story multi-family apartment building containing 30-units of affordable housing for senior individuals and couples (aged 55+). Each 821 square foot unit has two-bedrooms and one bathroom. All units are rent-restricted Low-Income Housing Tax Credits units available for occupancy to individuals and households earning less than 60% of area median income. As a phase II development, this project follows the success of STAR Residences Phase I, a 44-unit senior facility located on the same campus, that opened in December 2016.
Because STAR Residences participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/1) | 821ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $23,350 / year | $26,650 / year | $30,000 / year | $33,300 / year |
| 50% AMI for PBRA Units | $23,350 / year | $26,650 / year | $30,000 / year | $33,300 / year |
| 60% AMI for LIHTC Units | $28,020 / year | $31,980 / year | $36,000 / year | $39,960 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does STAR Residences have a waiting list?
STAR Residences probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at STAR Residences?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges STAR Residences?
STAR Residences is managed by A Caring Plus Foundation headquartered in St. Louis, Missouri.
In addition to STAR Residences, how many other affordable housing properties (and units) are there in St Louis?
In addition to STAR Residences, we list 397 other affordable properties in St Louis. Learn about these properties here. Our data research shows that there are a total of 19870 affordable units in St Louis.
When was the STAR Residences listing last updated?
STAR Residences listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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