Meadow Village Apartments is affordable housing in a small town community. The property is located on a school bus route and is walking distance to local parks, restaurants and shopping. There is plenty of grass surrounding the buildings that allows for limitless activities. There is also a basketball court on the premises. We provide affordable housing for anybody 18 years of age and older. We accept Section 8 vouchers.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 611 | Call for Price |
Two Bedroom (2/1) | 811 | Call for Price |
Three Bedroom (3/1) | 968 | Call for Price |
Last updated on May 15th, 2019
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Indianola but actual income limits may differ for units at Meadow Village Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
30% | $21,950 | $25,050 | $28,200 | $31,300 | $35,140 | $40,280 |
50% | $36,550 | $41,750 | $46,950 | $52,150 | $56,350 | $60,500 |
80% | $58,450 | $66,800 | $75,150 | $83,450 | $90,150 | $96,850 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Indianola but actual income limits may differ for units at Meadow Village Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $36,550 | $41,750 | $46,950 | $52,150 | $56,350 | $60,500 |
Day | Hours |
---|---|
Monday | 8:00am-5:00pm |
Tuesday | 8:00am-5:00pm |
Wednesday | 8:00am-5:00pm |
Thursday | 8:00am-5:00pm |
Friday | 8:00am-5:00pm |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.