Lemay Homes is managed by Vatterott Properties.
Lemay Homes is located in South St. Louis County and includes 40 new single-family lease/purchase homes. The development consists of 36 three-bedroom and 4 four-bedroom homes that all meet Energy Star standards and the National Association of Home Builders Bronze sustainable design standard.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
3 Bedroom (3/1) | - | Call for Price |
4 Bedroom (4/2) | - | Call for Price |
Day | Hours |
---|---|
Monday | 8:00am-5:00pm |
Tuesday | 8:00am-5:00pm |
Wednesday | 8:00am-5:00pm |
Thursday | 8:00am-5:00pm |
Friday | 8:00am-5:00pm |
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.