Houston Plaza

125 S. Houston St. , Adrian, Missouri 64720

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Houston Plaza is managed by Preservation Housing Management .

Houston Plaza consists of 34 homes for low-income elderly and disabled residents in Adrian, MO. The complex, built in 1980. includes 9 one-story residential buildings as well as a separate community center and management office, all on a spacious, five acre site. The town's central business district is within walking distance. Please call the site manager at 816-297-4203 for more information.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 613 Call for Price

Eligibility for Houston Plaza

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 Adrian but actual income limits may differ for units at Houston Plaza.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,650 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $49,050
50% $26,050 $29,750 $33,450 $37,150 $40,150 $43,100 $46,100 $49,050
80% $41,650 $47,600 $53,550 $59,450 $64,250 $69,000 $73,750 $78,500

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 Adrian but actual income limits may differ for units at Houston Plaza.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $26,050 $29,750 $33,450 $37,150 $40,150 $43,100 $46,100 $49,050
Low Income (60%) $31,260 $35,700 $40,140 $44,580 $48,180 $51,720 $55,320 $58,860

Houston Plaza Details

  • 34 one bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)

Property Amenities

  • Community Room
  • Laundry Room
  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • Garbage Disposal
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator

Nearby Amenities

  • Close to Downtown District
  • Close to Public Transportation
Section 8 Project-Based Rental Assistance (PBRA)

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.

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.

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