About This Property
Licking I Apts offers 16 low-income residential units in Licking, Missouri, consisting of ten 2-bedroom and six 3-bedroom apartments. The property has been in service since 2004 and receives funding through tax-exempt bonds and 4% Low-Income Housing Tax Credits (LIHTC).
Property Details
Fair Market Rent - Texas 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 | $601 |
| 1 Bedroom | $710 |
| 2 Bedroom | $797 |
| 3 Bedroom | $1,054 |
| 4 Bedroom | $1,353 |
Income Limits - Texas County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,750
- Low (80%)
- $31,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,550
- Low (80%)
- $36,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,350
- Low (80%)
- $40,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,150
- Low (80%)
- $45,050
- Extremely Low (30%)
- $30,450
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $32,700
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $34,950
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $37,200
- Very Low (50%)
- $37,200
- Low (80%)
- $59,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,750 | $31,550 |
| 2 Persons | $17,420 | $22,550 | $36,050 |
| 3 Persons | $21,960 | $25,350 | $40,550 |
| 4 Persons | $26,500 | $28,150 | $45,050 |
| 5 Persons | $30,450 | $30,450 | $48,700 |
| 6 Persons | $32,700 | $32,700 | $52,300 |
| 7 Persons | $34,950 | $34,950 | $55,900 |
| 8 Persons | $37,200 | $37,200 | $59,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Licking, MO?+
The Fair Market Rent (FMR) for Texas County, MO is: $601 (Studio), $710 (1BR), $797 (2BR), $1054 (3BR), $1353 (4BR). Actual rent at subsidized properties like Licking I Apts is typically 30% of household income or less.
What size apartments are available at Licking I Apts?+
Licking I Apts offers the following unit types: 10 Two-Bedroom, 6 Three-Bedroom units, for a total of 16 units.
What are the income limits for affordable housing in Texas County, MO?+
For a 4-person household in Texas County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,150, Low Income (80% AMI): $45,050. These limits are set by HUD and updated annually.
Who manages Licking I Apts?+
Licking I Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Licking I Apts?+
Licking I Apts 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.
What is the price range for apartments in Licking, MO?+
Based on Fair Market Rent for Texas County, the estimated price range is: 2-bedroom: $797, 3-bedroom: $1054. Actual rent at Licking I Apts may be lower for income-eligible households.
Contact Information
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Nearby Schools
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