Eads Square is managed by Volunteers of America.
Located in the Historic Lafayette District, near Lafayette Park in St. Louis, MO. Eads Square is a 104 unit senior community serving low income seniors. Minutes away from medical services, the local library, a pharmacy, and markets.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Income Based |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in St Louis but actual income limits may differ for units at Eads Square.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $21,150 | $24,150 | $27,150 | $30,150 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $35,200 | $40,200 | $45,250 | $50,250 | $54,300 | $58,300 | $62,350 | $66,350 |
80% | $56,250 | $64,300 | $72,350 | $80,350 | $86,800 | $93,250 | $99,650 | $106,100 |
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 St Louis but actual income limits may differ for units at Eads Square.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $35,200 | $40,200 | $45,250 | $50,250 | $54,300 | $58,300 | $62,350 | $66,350 |
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.