Village Meadow

1400 Village Drive , Boonville, Missouri 65233

Contact Village Meadow

Village Meadow is housing for seniors. Its 52 one-bedroom apartments feature air conditioning, dishwashers and private entrances with garden space. The pet-friendly property includes laundry and parking on site, as well as high-speed internet connection and cable hook-ups. Public transportation is nearby. Rent subsidies are available to income-qualified applicants. Professional management services, including 24-hour emergency response, is provided by Preservation Housing Management (PHM).

Pets Allowed with Restrictions, $250 refundable pet deposit applies

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	615	Call for Price

Eligibility for Village Meadow

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 Boonville but actual income limits may differ for units at Village Meadow.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$16,150	$19,720	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$26,900	$30,750	$34,600	$38,400	$41,500	$44,550	$47,650	$50,700
80%	$43,050	$49,200	$55,350	$61,450	$66,400	$71,300	$76,200	$81,150

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 Boonville but actual income limits may differ for units at Village Meadow.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$26,900	$30,750	$34,600	$38,400	$41,500	$44,550	$47,650	$50,700
Low Income (60%)	$32,280	$36,900	$41,520	$46,080	$49,800	$53,460	$57,180	$60,840

Village Meadow Details

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

Property Amenities

Community Room
Organized Activities
Laundry Room
24hr Emergency Maintenance

Unit Amenities

Air Conditioning
Garbage Disposal
Window Coverings
Carpet
Refrigerator
Extra Storage

Nearby Amenities

Close to Dining
Close to Public Transportation
Close to Shopping
Near Hospital

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.