Liberty Apartments of Cape Girardeau is managed by Community Partnership of Southeast Missouri.
Liberty Apartments of Cape Girardeau brings forty (40) two (2) bedroom units of affordable housing to Cape Girardeau’s South Cape neighborhood. Liberty Apartments is an affordable housing development brought to you by RCH Development, Inc, Cape Girardeau Area Community Housing Development Corporation, Inc., Community Partnership of Southeast Missouri, and Community Counseling Center.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | - | 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 the Low-Income Housing Tax Credit program in Cape Girardeau but actual income limits may differ for units at Liberty Apartments of Cape Girardeau.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $26,400 | $30,200 | $33,950 | $37,700 |
Low Income (60%) | $31,680 | $36,240 | $40,740 | $45,240 |
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.