Willow Springs Apartments

2700 State Route 76, Willow Springs, Missouri 65793

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Willow Springs Apartments is managed by MACO Management Company.

Willow Springs Apartments offer 2&3 bedrooms for families located in the town of Willow Springs, MO.

Unit (Bd/Ba) Ft2 Rent
Two Bedroom One Bath (2/1) - Call for Price
Three Bedroom One Bath (3/1) - Call for Price

Eligibility for Willow Springs Apartments

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 Willow Springs but actual income limits may differ for units at Willow Springs Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
50% $23,350 $26,650 $30,000 $33,300 $36,000 $38,650

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 Willow Springs but actual income limits may differ for units at Willow Springs Apartments.

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

Willow Springs Apartments Details

  • 38 two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)

Property Amenities

  • Playground
  • On-Site Manager
  • On-Site Parking

Unit Amenities

  • Washer and Dryer Hookup
  • Storage
  • Refrigerator
  • Central Heat & Air
  • Private Porch
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.

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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