South Pointe Apartments

3101 Warrior Lane, Poplar Bluff, Missouri 63901

Contact South Pointe Apartments

South Pointe Apartments is a new construction apartment community comprised of 48 two bedroom two bath apartments. The exterior of the apartments are brick and vinyl. Each apartment has a covered entrance and a rear patio or balcony. The apartments are constructed utilizing high grade, low maintenance materials that will provide a clean, safe, and affordable living environment. The master bedroom has its own bathroom facility while a second bath will be accessible from the hallway near the second bedroom. The kitchen is equipped with a range, range hood, refrigerator, garbage disposal, and a laundry closet with washer and dryer hookup. High quality carpet covers the floors in the bedrooms, hallway, and living room, while the kitchen and bathrooms have vinyl flooring. Each apartment has its own high efficiency furnace, central air conditioning, and well insulated water heater. The lawn area is landscaped and includes park benches, barbecue grills, and playground equipment for the enjoyment of the residents.

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/2)	976	Call for Price

Eligibility for South Pointe Apartments

South Pointe Apartments Details

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

Property Amenities

Playground

Unit Amenities

Washer and Dryer Hookup
Oven and Range
Balconies or Patios Available

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.