Courthouse Square Apartments

235 S Main Street, Ottawa, Kansas 66067

Courthouse Square Apartments, located at 235 S Main Street in Ottawa, has one bedroom apartments. Courthouse Square Apartments participates in the Section 42 Low-Income Housing Tax Credit (LIHTC) and Section 521 USDA Rental Assistance programs.

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Units

Unit (Bd/Ba) Ft2 Rent
1 BR (1/1) 389 Income Based

Courthouse Square Apartments Details

  • 26 one bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Elevator
  • Many Activities
  • Community Room
  • 24hr Emergency Maintenance
  • Emergency Pull Cord
  • Laundry Centers
  • Experienced Management
  • Secured Entry
  • Landscaping
  • Snow Removal
  • Community Garden
  • After Hours Call Service

Unit Amenities

  • Air Conditioning
  • Garbage Disposal
  • Keyless Entry Access
  • Refrigerator
  • Water Trash and Sewer Included
  • Heat and Hot Water Included
  • Bathroom Grab Bars
  • Blinds
  • Central Heat & Air
  • Stove
  • Cable & Internet Ready

Nearby Amenities

  • Near Shopping

About Courthouse Square Apartments

Courthouse Square Apartments, a historic building once known as The North American Hotel, has been renovated and is specifically designed for those 62 years of age or older or handicapped & disabled regardless of age. We are conveniently located in the downtown area of Owatta, Kansas.

Section 42 Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC and therefore may be set at levels higher than the area's LIHTC limits.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 515 properties, insures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Ottawa HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $13,650 $16,460 $20,780 $25,100 $29,420 $33,740 $38,060 $42,380
50% $22,700 $25,950 $29,200 $32,400 $35,000 $37,600 $40,200 $42,800
80% $36,300 $41,500 $46,700 $51,850 $56,000 $60,150 $64,300 $68,450

Ottawa Low Income Housing Tax Credit Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $22,700 $25,950 $29,200 $32,400 $35,000 $37,600 $40,200 $42,800
60% $27,240 $31,140 $35,040 $38,880 $42,000 $45,120 $48,240 $51,360

Courthouse Square Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Courthouse Square Apartments has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Courthouse Square Apartments is managed by MetroPlains Management, LLC.

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