Missouri

Tax credit apartments in Cape Girardeau, MO

HUD's database lists 12 properties in Cape Girardeau built or rehabbed with low-income housing tax credits: 504 apartments, 492 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Cape Girardeau Sundance Apts

909 Hackberry St, Cape Girardeau, MO 63703

32 2BR, 16 3BR

Apartments
48
Income-restricted
48
Placed in service
1998

Cape Meadows

515 Cape Meadows Cir, Cape Girardeau, MO 63701

48 2BR

Apartments
48
Income-restricted
48
Placed in service
2006

Cape Riverview Apts II

319 N Park Dr, Cape Girardeau, MO 63701

4 1BR, 39 2BR

Apartments
43
Income-restricted
43
Placed in service
2011

Fort Hope

801 Good Hope St, Cape Girardeau, MO 63703

8 1BR, 32 2BR, 4 3BR

Apartments
44
Income-restricted
44
Placed in service
2001

Heritage Manor Apartments

1244 Linden Street, Cape Girardeau, MO 63703

HUD lists it as senior housing · 40 1BR, 4 2BR

Apartments
44
Income-restricted
44
Placed in service
2024

Liberty Apartments Of Cape

1145 Walnut Street, Cape Girardeau, MO 63702

40 2BR

Apartments
40
Income-restricted
40
Placed in service
2020

Napa Ridge

661 Napa Cir, Cape Girardeau, MO 63703

24 2BR, 14 3BR

Apartments
38
Income-restricted
38
Placed in service
2004

Rosebrook Apts

1084 Linden St, Cape Girardeau, MO 63703

16 1BR, 24 2BR

Apartments
40
Income-restricted
40
Placed in service
2001

Schultz Senior Housing

101 S Pacific St, Cape Girardeau, MO 63703

HUD lists it as senior housing · 21 1BR, 24 2BR

Apartments
45
Income-restricted
45
Placed in service
2009

Silver Springs Apartments

550 Silver Springs Road, Cape Girardeau, MO 63701

HUD lists it as senior housing · 10 1BR, 30 2BR

Apartments
40
Income-restricted
40
Placed in service
2016

South Side Village

680 South Side Village Court, Cape Girardeau, MO 63702

8 1BR, 14 2BR, 20 3BR

Apartments
42
Income-restricted
37
Placed in service
2024

Star Vue Apartments

1870 Star Vue Court, Cape Girardeau, MO 63701

16 2BR, 16 3BR

Apartments
32
Income-restricted
25
Placed in service
2022

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.