Beacon Village

3902 W. Helen Street, Springfield, Missouri 65802

Contact Beacon Village

Beacon Village is a housing development which helps meet one of our community’s most critical needs: affordable housing. The development is the result of collaboration between several organizations, including The Kitchen, Inc., Housing Plus, L.L.C. and the Missouri Housing Development Commission. The opening of Beacon Village I in 2014 was a milestone in the community’s progress toward ending homelessness. Beacon Village II, opened in 2016, adding an additional 32 housing units to The Kitchen, Inc.’s inventory of affordable housing. Beacon Village is located at 3902 W. Helen Street in Springfield.

Eligibility for Beacon Village

Beacon Village Details

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

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.