Arden Groves

101 Arden Ln, Thayer, Missouri 65791

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Arden Groves is managed by HRM.

Arden Groves is an affordable apartment community offering two and three bedroom units. The property is currently undergoing a full renovation.

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) 750 Call for Price
Three Bedroom (3/2) 1000 Call for Price

Eligibility for Arden Groves

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 Thayer but actual income limits may differ for units at Arden Groves.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $23,350 $26,650 $30,000 $33,300 $36,000 $38,650
Low Income (60%) $28,020 $31,980 $36,000 $39,960 $43,200 $46,380

Arden Groves Details

  • 24 two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Community Room
  • 24hr Emergency Maintenance
  • Off-Street Parking
  • Lawn Care
  • Pest Control
  • Laundry Facility

Unit Amenities

  • Refrigerator
  • Water Trash and Sewer Included
  • Blinds
  • Central Heat & Air
  • Stove
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.

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