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1. Affordable Housing Option in Kennett, MO 2. Housing Assistance for Low-Income Individuals at Cottonboll Commons 3. LIHTC Program: Promoting Affordable Housing in Kennett 4. Rental Rates and Income Restrictions at Cottonboll Commons 5. Available Units: One and Two Bedroom Apartments Located in Kennett, MO, Cottonboll Commons offers an excellent low-income housing option for individuals seeking affordable accommodations. These rental apartments benefit from the support of the Low-Income Housing Tax Credit (LIHTC) program, which imposes specific rent and income restrictions to ensure accessibility for eligible applicants. Builders and developers are incentivized by the LIHTC program to create affordable housing for low-income individuals. However, it is important to note that the maximum rent for these apartments is determined by the Area Median Income (AMI). Consequently, the AMI may render this option unaffordable for some low-income persons. To determine affordability, please check the current rental rates. Cottonboll Commons comprises a total of 39 one and two bedroom apartments, each designed to meet the needs of individuals and families in need of affordable housing. It is worth mentioning that there may be waiting lists for these apartments as demand often exceeds availability. To apply and determine whether you qualify for residency at Cottonboll Commons, we recommend reaching out directly to the management using the provided contact number. Please specify your interest in either a one or two bedroom apartment. Experience safe, comfortable, and affordable living at Cottonboll Commons – a reliable low-income housing option in Kennett, MO.
515 First Street, Kennett, MO 63857
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