About This Property
Richardson Ridge Villas offers 48 two-bedroom units in Arnold, Missouri, designed to serve elderly and disabled residents. The property was placed in service in 2014 and utilizes 9% Low-Income Housing Tax Credits to provide affordable housing options. All units are designated as low-income housing.
Property Details
Fair Market Rent - Jefferson County, MO
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $928 |
| 1 Bedroom | $972 |
| 2 Bedroom | $1,209 |
| 3 Bedroom | $1,565 |
| 4 Bedroom | $1,818 |
Income Limits - Jefferson County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,850
- Very Low (50%)
- $29,750
- Low (80%)
- $47,550
- Extremely Low (30%)
- $20,400
- Very Low (50%)
- $34,000
- Low (80%)
- $54,350
- Extremely Low (30%)
- $22,950
- Very Low (50%)
- $38,250
- Low (80%)
- $61,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,450
- Low (80%)
- $67,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,850
- Low (80%)
- $73,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,250
- Low (80%)
- $78,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,650
- Low (80%)
- $84,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,050
- Low (80%)
- $89,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,850 | $29,750 | $47,550 |
| 2 Persons | $20,400 | $34,000 | $54,350 |
| 3 Persons | $22,950 | $38,250 | $61,150 |
| 4 Persons | $26,500 | $42,450 | $67,900 |
| 5 Persons | $31,040 | $45,850 | $73,350 |
| 6 Persons | $35,580 | $49,250 | $78,800 |
| 7 Persons | $40,120 | $52,650 | $84,200 |
| 8 Persons | $44,660 | $56,050 | $89,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Arnold, MO?+
The Fair Market Rent (FMR) for Jefferson County, MO is: $928 (Studio), $972 (1BR), $1209 (2BR), $1565 (3BR), $1818 (4BR). Actual rent at subsidized properties like Richardson Ridge Villas is typically 30% of household income or less.
What size apartments are available at Richardson Ridge Villas?+
Richardson Ridge Villas offers the following unit types: 48 Two-Bedroom units, for a total of 48 units.
Who manages Richardson Ridge Villas?+
Richardson Ridge Villas is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Arnold, MO?+
Based on Fair Market Rent for Jefferson County, the estimated price range is: 2-bedroom: $1209. Actual rent at Richardson Ridge Villas may be lower for income-eligible households.
What are the income limits for affordable housing in Jefferson County, MO?+
For a 4-person household in Jefferson County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,450, Low Income (80% AMI): $67,900. These limits are set by HUD and updated annually.
How do I apply for housing at Richardson Ridge Villas?+
Richardson Ridge Villas is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Richardson Ridge Villas?+
Richardson Ridge Villas primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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