Cherokee Trails Apartments

416 N Chamber Dr, Fredericktown, Missouri 63645

Contact Cherokee Trails Apartments

Cherokee Trails Apartments offer 2 and 3 bedroom family apartments.

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

Eligibility for Cherokee Trails Apartments

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 Fredericktown but actual income limits may differ for units at Cherokee Trails Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$23,450	$26,800	$30,150	$33,500	$36,200	$38,900
Low Income (60%)	$28,140	$32,160	$36,180	$40,200	$43,440	$46,680

Cherokee Trails Apartments Details

24 two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
BBQ and Picnic Area
Community Room
Clubhouse
On-Site Manager
Laundry Room
On-Site Maintenance
Open Parking

Unit Amenities

Dishwasher
Garbage Disposal
Walk-in Closet(s)
Patio Deck Or Balcony
Refrigerator
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.