Prairie Ridge

Old Ridge Rd, Licking, Missouri 65542

Contact Prairie Ridge

Message Prairie Ridge

This cozy community of homes is located in in a quiet subdivision on the north side of Licking near the intersection of Highway 63 and Old Ridge Road. These 24 homes were built and began renting in 1999.

Unit (Bd/Ba) Ft2 Rent
3 Bedroom (3/2) 1450 $423

Eligibility for Prairie Ridge

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 Licking but actual income limits may differ for units at Prairie Ridge.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $23,350 $26,650 $30,000 $33,300 $36,000 $38,650
Low Income (60%) $28,020 $31,980 $36,000 $39,960 $43,200 $46,380

Prairie Ridge Details

  • 12 three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Unit Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Vaulted Ceiling
  • Carpet
  • Refrigerator
  • Blinds
  • Central Heat & Air
  • Laminate Flooring
  • vinyl tile flooring
  • Self-Cleaning Ovens
  • Ceramic Tile Entry
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.

Nearby Low Income Apartment Communities like Prairie Ridge

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