Aldrich Creek

1800 S. Baron Dr, Bolivar, Missouri 65613

Contact Aldrich Creek

Bolivar, Missouri has the finest of all worlds with strong businesses, great schools, an outstanding university, exceptional medical facilities, churches, wonderful parks and vast recreational opportunities. This friendly city consists of wonderful people of every variety, all pulling together to create an exceptional home for you to live, work, play and stay.They are proud to be adding our very family friendly rental community of Aldrich Creek to the outstanding lifestyle that Bolivar provides. Aldrich Creek is located very near the Southwest Baptist University campus as well as major shopping and other facilities and is about ¼ mile east of the intersection of Highway 83 and East Aldrich road in Bolivar, MO.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/2)	-	Call for Price
Three Bedroom (3/2)	-	Call for Price

Eligibility for Aldrich Creek

Aldrich Creek Details

44 two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Fitness Center
Playground
Gazebo
Coin-Operated Laundry
Laundry Facilities
Computer Room

Unit Amenities

Dishwasher
Microwave
9 ft. Ceilings
Refrigerator
Stove
Full-Size Washer & Dryer Connections
Energy Efficient Appliances

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.