700 S Oakland Ave, Bolivar, MO 65613
Waiting List Forecast: Likely Short or None
Verified for 2020 by Connor Bailey, Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $328 - 595 per Month† | 1 - 2 Beds | 1 Bath | 735 - 875 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.
Frisco Senior Apartments are a brand new, 55+ senior independent living community located in Bolivar, Missouri. They offer 1 & 2 bedroom apartment homes and an abundance of apartment and community amenities
Because Frisco Senior Village 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. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 735ft2 | $328† |
| Two Bedroom (2/1) | 875ft2 | $595† |
| 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 Frisco Senior Village have a waiting list?
Frisco Senior Village 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 Frisco Senior Village?
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 Frisco Senior Village?
Frisco Senior Village is managed by Fairway Management, Inc. headquartered in Atlanta, Georgia.
In addition to Frisco Senior Village, how many other affordable housing properties (and units) are there in Bolivar?
In addition to Frisco Senior Village, we list 17 other affordable properties in Bolivar. Learn about these properties here. Our data research shows that there are a total of 429 affordable units in Bolivar.
219 W South St, Bolivar, Missouri 65613
719 Idaho St, Bolivar, Missouri 65613
910 E Lindon St, Bolivar, Missouri 65613
1855 S Lillian Ave, Bolivar, Missouri 65613
Know your rights as a Section 8 tenant.
Some states and local governments have laws that protect renters with a Section 8 voucher who are looking for an available unit. Check your local laws.Judea I. Lawton says:
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