3101 Warrior Lane, Poplar Bluff, MO 63901
Waiting List Forecast: Likely Short or None
Verified for 2019 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 Beds | 2 Baths | 976 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.
South Pointe Apartments is a new construction apartment community comprised of 48 two bedroom two bath apartments. The exterior of the apartments are brick and vinyl. Each apartment has a covered entrance and a rear patio or balcony. The apartments are constructed utilizing high grade, low maintenance materials that will provide a clean, safe, and affordable living environment. The master bedroom has its own bathroom facility while a second bath will be accessible from the hallway near the second bedroom. The kitchen is equipped with a range, range hood, refrigerator, garbage disposal, and a laundry closet with washer and dryer hookup. High quality carpet covers the floors in the bedrooms, hallway, and living room, while the kitchen and bathrooms have vinyl flooring. Each apartment has its own high efficiency furnace, central air conditioning, and well insulated water heater. The lawn area is landscaped and includes park benches, barbecue grills, and playground equipment for the enjoyment of the residents.
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 South Pointe 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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 |
|---|---|---|
| 2 Bedroom (2/2) | 976ft2 | Call for Price† |
| 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 South Pointe Apartments have a waiting list?
South Pointe 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 South Pointe 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.
What property management company manges South Pointe Apartments?
South Pointe Apartments is managed by MACO Management Company headquartered in Clarkton, Missouri.
In addition to South Pointe Apartments, how many other affordable housing properties (and units) are there in Poplar Bluff?
In addition to South Pointe Apartments, we list 17 other affordable properties in Poplar Bluff. Learn about these properties here. Our data research shows that there are a total of 1026 affordable units in Poplar Bluff.
2695 Crestwood Dr, Poplar Bluff, Missouri 63901
1909 Westmoor Dr, Poplar Bluff, Missouri 63901
1295 Velma St, Poplar Bluff, Missouri 63901
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