1006 Grand Blvd, Kansas City, MO 64106, Kansas City, MO 64106
Waiting List Forecast: Likely Short or None
Verified for 2024 by Lorena Bentley, Sherman Marketing| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $759 - 945 per Month† | 1 - 2 Beds | 1 - 2 Baths | 854 - 1,069 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.
Grand Boulevard Lofts offers classic sophistication with distinguished design in an incomparable setting. Once the historic Gates Building, Grand Boulevard Lofts has a long and rich history in downtown Kansas City’s Financial District just blocks away from the Power and Light District.
Grand Boulevard Lofts features one and two-bedroom homes with floor-to-ceiling windows, spectacular views of the city, large walk-in closets, spacious floor plans, maple and espresso cabinetry with plenty of storage space, and your cat is welcome.
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 Grand Boulevard Lofts 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. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 854ft2 | $759† |
| One Bedroom + Den (1/2) | 963ft2 | $875† |
| Two Bedroom (2/1) | 1069ft2 | $945† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,900 / year | $41,000 / year | $46,150 / year | $51,250 / year |
| 50% AMI for PBRA Units | $35,900 / year | $41,000 / year | $46,150 / year | $51,250 / year |
| 60% AMI for LIHTC Units | $43,080 / year | $49,200 / year | $55,380 / year | $61,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Grand Boulevard Lofts have a waiting list?
Grand Boulevard Lofts 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 Grand Boulevard Lofts?
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 Grand Boulevard Lofts?
Grand Boulevard Lofts is managed by Sherman Associates headquartered in Minneapolis, MN.
In addition to Grand Boulevard Lofts, how many other affordable housing properties (and units) are there in Kansas City?
In addition to Grand Boulevard Lofts, 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.
When was the Grand Boulevard Lofts listing last updated?
Grand Boulevard Lofts listing on Affordable Housing Online was last updated on 02/21/2024 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
Housing options for families with immigrants.
If the head of household is a citizen or eligible immigrant, you can still qualify for HUD programs with a citizenship requirement.Monica Blackwell says:
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