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Prairie Ridge Place

2424 Melrose Ln, Lawrence, Kansas 66047

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Call (785) 841-8660

Prairie Ridge Place is managed by Young Management Inc.

Prairie Ridge Place Apartments are located in the southwest part of Lawrence, Kansas. Prairie Ridge Place is covered under the Section 8 New Construction (S8NC) Program. Once qualified to live at Prairie Ridge, this property can offer you a one or two bedroom unit. These units have a stove, refrigerator, microwave and garbage disposal. This property offers laundry rooms, canopy parking, a computer lab, and library that you can check out books or movies.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price

Eligibility for Prairie Ridge Place

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 Lawrence but actual income limits may differ for units at Prairie Ridge Place.

AMI Band 1 Person 2 Person 3 Person 4 Person
30% $19,900 $22,750 $25,600 $30,000
50% $33,150 $37,850 $42,600 $47,300
80% $53,000 $60,600 $68,150 $75,700

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 Lawrence but actual income limits may differ for units at Prairie Ridge Place.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $33,150 $37,850 $42,600 $47,300
Low Income (60%) $39,780 $45,420 $51,120 $56,760

Prairie Ridge Place Details

  • 100 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 New Construction
  • Section 221 (d) (3)

Property Amenities

  • Computer Lab
  • Library
  • Laundry Room

Unit Amenities

  • Microwave
  • Refrigerator
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.