Cabool Apartments l

903 Parkway Ave, Cabool, Missouri 65689

Contact Cabool Apartments l

Cabool Apartments l offers 2&3 bedrooms for families located in the town of Cabool, MO.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom One Bath (2/1)	-	Call for Price
3 Bedroom One Bath (3/1)	-	Call for Price

Eligibility for Cabool Apartments l

Cabool Apartments l Details

12 two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Playground
On-Site Manager
Laundry Room
On-Site Parking
On-Site Maintenance

Unit Amenities

Washer and Dryer Hookup
Storage
Central Heat & Air

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 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.

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.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.