820 Millwood Ave, Liberal, KS 67901
Waiting List Forecast: Likely Short or None
Verified for 2020 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $675 - 725 per Month† | 2 - 3 Beds | 2 Baths | 943 - 1,023 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.
Welcome to Cottonwood Homes Apartments, a proud member of the Yarco family of communities. Yarco takes pride in offering the highest quality of service to our customers in both our affordable and conventional apartment communities. Our inviting community offers charming two and three bedroom apartments for you to call home! For your comfort, every apartment is equipped with spacious living areas, generous storage space, and a private patio or balcony!
We know you’ll love our many great amenities, including a refreshing swimming pool, children's playground, and picnic area with BBQ grills. For your convenience, we proudly offer an on-site laundry facility, controlled access, and off-street parking. Want to find the right floorplan for you? Take a walkthrough video tour now and contact our friendly leasing staff to set up a personal tour today!
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. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Cottonwood Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, 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 have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/2) | 943ft2 | $675† |
| Three Bedroom (3/2) | 1023ft2 | $725† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $27,000 / year | $30,850 / year | $34,700 / year | $38,550 / year | $41,650 / year | $44,750 / year |
| 50% AMI for PBRA Units | $27,000 / year | $30,850 / year | $34,700 / year | $38,550 / year | $41,650 / year | $44,750 / year |
| 60% AMI for LIHTC Units | $32,400 / year | $37,020 / year | $41,640 / year | $46,260 / year | $49,980 / year | $53,700 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cottonwood Apartments have a waiting list?
Cottonwood Apartments 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 Cottonwood Apartments?
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.
In addition to Cottonwood Apartments, how many other affordable housing properties (and units) are there in Liberal?
In addition to Cottonwood Apartments, we list 8 other affordable properties in Liberal. Learn about these properties here. Our data research shows that there are a total of 581 affordable units in Liberal.
555 E Pine St, Liberal, Kansas 67901
Do you have little or no income?
You can qualify for most rental assistance programs, including Section 8 and Public Housing, even if you have little or no income.Eileen Savarese says:
"Affordable Housing Online has great information constantly coming in."