Oaks Apartments is managed by Moline Management, LLC.
Welcome to the historic Oaks Apartments in Excelsior Springs, Missouri! Featured on the National Register of Historic Places, Oaks Apartments offers wonderfully restored one and two-bedroom apartment homes fit for senior living. Fully-equipped kitchens, a fitness center, and numerous common areas are just a few of our community's must-have features. The first floor features lobby and common areas restored and designed to reflect the grandeur of its era. Oaks Apartments makes day-to-day life convenient and enjoyable.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Call for Price |
2 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 Excelsior Springs but actual income limits may differ for units at Oaks Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $35,900 | $41,000 | $46,150 | $51,250 |
Low Income (60%) | $43,080 | $49,200 | $55,380 | $61,500 |
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.