About This Property
Pevely Square is a 120-unit affordable housing community in Pevely, Missouri, developed with 4% Low-Income Housing Tax Credits and tax-exempt bond financing. The property, placed in service in 2003, contains 60 one-bedroom units, 50 two-bedroom units, and 10 three-bedroom units designated for low-income residents. All units serve households at or below area median income limits.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
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 Pevely, 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 Pevely Square is typically 30% of household income or less.
What size apartments are available at Pevely Square?+
Pevely Square offers the following unit types: 60 One-Bedroom, 50 Two-Bedroom, 10 Three-Bedroom units, for a total of 120 units.
How do I apply for housing at Pevely Square?+
Pevely Square 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 manages Pevely Square?+
Pevely Square is managed by . You can reach them at . Visit their website for more information.
What is the HUD inspection score for Pevely Square?+
Pevely Square has a HUD inspection score of 89 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
What is the price range for apartments in Pevely, MO?+
Based on Fair Market Rent for Jefferson County, the estimated price range is: 1-bedroom: $972, 2-bedroom: $1209, 3-bedroom: $1565. Actual rent at Pevely Square 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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