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Title: Eldon Manor Apartments - Affordable Housing Option in Eldon, MO Introduction: Eldon Manor Apartments is a Low-Income Housing Tax Credit apartment complex located in Eldon, MO. If you are in search of an affordable housing option, these rental apartments are supported by the LIHTC program, ensuring rental rates and income restrictions that cater to low-income individuals. Affordable Housing - LIHTC Program: The LIHTC program offers incentives to builders and developers to create affordable housing for low-income individuals. As a result, the maximum rent charged by Eldon Manor Apartments is based on the Area Median Income (AMI), ensuring greater accessibility for those with limited financial resources. However, it's important to note that the AMI calculation can still make this apartment complex unaffordable for some low-income individuals. Determining Affordability: To determine if Eldon Manor Apartments is affordable for you, we recommend checking the current rental rates. Factors such as personal income and the applicable AMI guidelines for the area are crucial in assessing affordability, ensuring that you make an informed decision. Apartment Details: Eldon Manor Apartments offer 24 two-bedroom apartments for low-income individuals. Given the demand for affordable housing, most apartments typically have waiting lists. To explore the possibility of applying and qualifying to live in Eldon Manor Apartments, we encourage you to contact them directly using the provided phone number. Conclusion: In pursuit of your search for affordable housing, Eldon Manor Apartments offers a viable option. Supported by the LIHTC program and with income and rental rate restrictions in place, this apartment complex aims to provide adequate housing for low-income individuals in the Eldon, MO area. Reach out directly to them for more information on eligibility and application procedures.
302 Manor Drive, Eldon, MO 65026
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