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 |
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 |
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.
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.