Osage Senior Apartments
100 N Summit , Arkansas City, Kansas 67005
Contact Osage Senior Apartments
Osage Senior Apartments is managed by Van Binsbergen & Associates.
The Osage Senior Apartments, located in downtown Arkansas City, Kansas, was once known as The Osage Hotel. In 1929, The Osage Hotel was listed as one of the largest hotels in Kansas, it is now on the National Register of Historic Places. Now known as The Osage Senior Apartments, the former hotel offers residents 62 years of age or older, handicaped or disabled regardless of age, 38 one-bedroom apartments.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | From $590 To $647 |
Eligibility for Osage Senior Apartments
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 Arkansas City but actual income limits may differ for units at Osage Senior Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $27,000 | $30,850 | $34,700 | $38,550 | $41,650 | $44,750 | $47,850 | $50,900 |
| Low Income (60%) | $32,400 | $37,020 | $41,640 | $46,260 | $49,980 | $53,700 | $57,420 | $61,080 |
Osage Senior Apartments Details
- 38 one bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
- Section 515 Rural Rental Housing
- Section 521 USDA Rental Assistance
Property Amenities
- Community Room
- On-Site Manager
- Organized Activities
- 24hr Emergency Maintenance
- Off-Street Parking
- Emergency Pull Cord
- Secured Entry
- On-Site Maintenance
- Coin-Operated Laundry
- Elevator
Unit Amenities
- Air Conditioning
- Bathroom Grab Bars
- Blinds
Low-Income Housing Tax Credit (LIHTC)
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Section 515 Rural Rental Housing
This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.
Section 521 USDA Rental Assistance
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.
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