280 Santa Elena Drive, Wentzville, MO 63385
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 642 - 900 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.
Unit Amenities
Individually-controlled Heat & Air Conditioning
Domestic Hot Water
Full Kitchen (including: dishwasher, garbage disposal, self cleaning oven, microwave and frost free refrigerator with ice maker)
Washer & Dryer provided with every unit
Spacious Walk-in
Internet, Phone, Television capability
1 & 2 bedroom units
Handicapped Accessible Units
1 Car Garage
Residents of the Stone Ridge villas will have access to all amenities already provided at the Stone Ridge apartments
Community Amenities
3 Community Areas
Beauty Shop
Chapel
Fitness Center
Outdoor Courtyard with Covered Seating and Walking Paths
Pet Friendly (restrictions apply)
Community Room and kitchen can be used for private parties
Community Laundry Room
Pool Table
Computer Station
Weekly Blood Pressure Clinic
Transportation
Scheduled Activities & Off Site Trips
24 hour security surveillance cameras
Lighted Parking
Secured Building with Access Cards and Apartment Call box
Covered Passenger Drop Off Area
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 Stone Ridge Villas 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 |
|---|---|---|
| 1 Bedroom (1/1) | 642ft2 | Call for Price† |
| 2 Bedroom (2/1) | 900ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,200 / year | $40,200 / year | $45,250 / year | $50,250 / year |
| 50% AMI for PBRA Units | $35,200 / year | $40,200 / year | $45,250 / year | $50,250 / year |
| 60% AMI for LIHTC Units | $42,240 / year | $48,240 / year | $54,300 / year | $60,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Stone Ridge Villas have a waiting list?
Stone Ridge Villas 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 Stone Ridge Villas?
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 Stone Ridge Villas?
Stone Ridge Villas is managed by HRM headquartered in Washington, MO.
In addition to Stone Ridge Villas, how many other affordable housing properties (and units) are there in Wentzville?
In addition to Stone Ridge Villas, we list 7 other affordable properties in Wentzville. Learn about these properties here. Our data research shows that there are a total of 513 affordable units in Wentzville.
When was the Stone Ridge Villas listing last updated?
Stone Ridge Villas listing on Affordable Housing Online was last updated on 01/01/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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