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Commerce Building Lofts

230 S Ohio Ave, Sedalia, Missouri 65301

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Commerce Building Lofts Details

  • 26 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Office Hours

Day Hours
Tuesday 8:00am-5:00pm
Thursday 8:00am-5:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Sedalia Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Sedalia but actual income limits may differ for units at Commerce Building Lofts.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $19,650 $22,450 $25,250 $28,050 $30,300 $32,550 $34,800 $37,050
Low Income (60%) $23,580 $26,940 $30,300 $33,660 $36,360 $39,060 $41,760 $44,460

Commerce Building Lofts is managed by Fulson Housing Group.

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