Villas at Forest Park

840 S Red Maple Ct, Nixa, Missouri 65714

Contact Villas at Forest Park

Villas at Forest Park in Nixa is ready for you to move in. The 840 S. Red Maple Ct. location in Nixa\'s 65714 Zip code is an ideal place to move. The professional leasing staff is waiting to show you all that this community has in store. This community has a variety of amenities and features available to residents like high-speed internet access, washers and dryers, and convenient on-site parking options. Drop by Villas at Forest Park today.

Eligibility for Villas at Forest Park

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 Nixa but actual income limits may differ for units at Villas at Forest Park.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$26,400	$30,150	$33,900	$37,650	$40,700	$43,700	$46,700	$49,700
Low Income (60%)	$31,680	$36,180	$40,680	$45,180	$48,840	$52,440	$56,040	$59,640

Villas at Forest Park Details

2 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Community Room
On-Site Parking
High Speed Internet Access

Unit Amenities

Handicapped Accessible
Refrigerator
Bathroom Grab Bars
Stove
Washer and Dryer Included

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.