Autumn Woods is a 40 unit property for elderly, handicapped or disabled individuals. This property is conventily located near many amenities in Purdy, including a grocery store and Dollar General. The city of Purdy also provides many community services, such as Meals on Wheels and an OATS bus. Autumn Woods is a very well-kept property that features beautiful landscaping, private patios and spacious apartments. Call us today at 417-442-3805 for more information.
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 Purdy but actual income limits may differ for units at Autumn Woods.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $23,350 | $26,650 | $30,000 | $33,300 | $36,000 | $38,650 | $41,300 | $44,000 |
Low Income (60%) | $28,020 | $31,980 | $36,000 | $39,960 | $43,200 | $46,380 | $49,560 | $52,800 |
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.