Rose Park Estates

403 East Summit Street, Bolivar, Missouri 65613

Contact Rose Park Estates

Rose Park Estates is a 76 unit property for elderly, handicapped or disabled individuals. This property is conveniently located near many of bolivars amenities including Wal-Mart, Dollar General, a hospital, a pharmacy and many other restaurants and stores. the city of bolivar also provides many community services for its citizens such as Meals on Wheels, OATS bus transportation, YMCA, Senior Center and public transit. Rose Park features beautiful landscaping and walkways, great apartments and friendly residents and staff. The property was just completely rehabbed so all units are brand new with brand new appliances.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	From $381 To $386
Two Bedroom (2/1)	-	From $411 To $416

Eligibility for Rose Park Estates

Rose Park Estates Details

76 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing

Property Amenities

Fitness Center
Community Room
Business Center
Laundry Room

Unit Amenities

Private Patios

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.