Mexico Apartments I & II

About This Building

Mexico Apartments I & II: Affordable Housing Option in Mexico, MO - Location: Situated in Mexico, Missouri, Mexico Apartments I & II offer low-income housing options. - LIHTC Support: These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, providing affordable options for individuals and families. - Rent and Income Restrictions: The applicable program ensures that rents and income eligibility are within affordable ranges, making it accessible for low-income individuals. - Incentives for Affordable Housing: The LIHTC program incentivizes builders and developers to offer affordable housing options for those with low incomes. - Rent Based on AMI: The maximum rent charged is determined according to the Area Median Income (AMI). However, for some low-income individuals, this may still present affordability challenges. - Check Rental Rates: To determine affordability, it is advised to check the current rental rates offered by Mexico Apartments I & II. - 68 One Bedroom Apartments: The apartments consist of 68 one bedroom units, providing comfortable living spaces for low-income residents. - Waiting Lists: Given the high demand for affordable housing, it is common for apartments to have waiting lists. Contact the provided number directly to inquire about availability and the possibility of applying. - HUD Subsidies Accepted: Mexico Apartments I & II accept Housing and Urban Development (HUD) subsidies, further enhancing affordability for eligible individuals. - Rent Based on Income: For HUD-subsidized units, rent is calculated as 30% of the tenant's Adjusted Gross Income. - Contact for Details: For more information and detailed inquiries, feel free to call and inquire about the 1-bedroom apartments available at Mexico Apartments I & II.