Prairie Ridge

Old Ridge Rd, Licking, MO 65542

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
$423 per Month 3 Beds 2 Baths 1,450 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

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.

This cozy community of homes is located in in a quiet subdivision on the north side of Licking near the intersection of Highway 63 and Old Ridge Road. These 24 homes were built and began renting in 1999.

Dave's Thoughts On Prairie Ridge

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 Prairie Ridge 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Prairie Ridge Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Vaulted Ceiling
  • Carpet
  • Refrigerator
  • Blinds
  • Central Heat & Air
  • Laminate Flooring
  • vinyl tile flooring
  • Self-Cleaning Ovens
  • Ceramic Tile Entry

Units at Prairie Ridge

Unit (Bd/Ba) Ft2 Rent
3 Bedroom (3/2) 1450ft2 $423

Income Qualification for Prairie Ridge

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $23,350 / year $26,650 / year $30,000 / year $33,300 / year $36,000 / year $38,650 / year
50% AMI for PBRA Units $23,350 / year $26,650 / year $30,000 / year $33,300 / year $36,000 / year $38,650 / year
60% AMI for LIHTC Units $28,020 / year $31,980 / year $36,000 / year $39,960 / year $43,200 / year $46,380 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Prairie Ridge

Does Prairie Ridge have a waiting list?

Prairie Ridge 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 Prairie Ridge?

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 Prairie Ridge, how many other affordable housing properties (and units) are there in Licking?

In addition to Prairie Ridge, we list 4 other affordable properties in Licking. Learn about these properties here. Our data research shows that there are a total of 74 affordable units in Licking.

When was the Prairie Ridge listing last updated?

Prairie Ridge listing on Affordable Housing Online was last updated on 06/07/2024 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Prairie Ridge

Licking II Apartments

202 Old Ridge Rd, Licking, Missouri 65542

bed 1-2

Licking I Apartments

201 Friend St, Licking, Missouri 65542

bed 1-3

Deerlick Apartments

220 Carter St, Licking, Missouri 65542

Prairie Ridge II

301 Tiller St, Licking, Missouri 65542

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.