3902 W. Helen Street, Springfield, MO 65802
Waiting List Forecast: Likely Short or None
Verified for 2019 by Ben D. Layfield, Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
Beacon Village is a housing development which helps meet one of our community’s most critical needs: affordable housing. The development is the result of collaboration between several organizations, including The Kitchen, Inc., Housing Plus, L.L.C. and the Missouri Housing Development Commission. The opening of Beacon Village I in 2014 was a milestone in the community’s progress toward ending homelessness. Beacon Village II, opened in 2016, adding an additional 32 housing units to The Kitchen, Inc.’s inventory of affordable housing. Beacon Village is located at 3902 W. Helen Street in Springfield.
Because Beacon 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
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $26,400 / year | $30,150 / year | $33,900 / year | $37,650 / year | $40,700 / year | $43,700 / year | $46,700 / year | $49,700 / year |
| 50% AMI for PBRA Units | $26,400 / year | $30,150 / year | $33,900 / year | $37,650 / year | $40,700 / year | $43,700 / year | $46,700 / year | $49,700 / year |
| 60% AMI for LIHTC Units | $31,680 / year | $36,180 / year | $40,680 / year | $45,180 / year | $48,840 / year | $52,440 / year | $56,040 / year | $59,640 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Beacon Village have a waiting list?
Beacon 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 Beacon 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 Beacon Village?
Beacon Village is managed by The Kitchen Inc. headquartered in Springfield, Missouri.
In addition to Beacon Village, how many other affordable housing properties (and units) are there in Springfield?
In addition to Beacon Village, we list 184 other affordable properties in Springfield. Learn about these properties here. Our data research shows that there are a total of 4005 affordable units in Springfield.
440 S New Ave, Springfield, Missouri 65806
1451 E Woodland St, Springfield, Missouri 65804
Know your rights as a Section 8 tenant.
In many areas, private landlords with an available unit can refuse interested tenants who have a Section 8 voucher. Check your local laws.Eileen Savarese says:
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