Frequently Asked Questions

  • No, this is not Section 8 housing. This project is funded through the Section 42 Affordable Housing Tax Credit Program. Different from Section 8, that means residents are responsible for paying 100% of their rent. Under the Section 42 program, apartments will only be rented to those making less than 60% of the area median income, adjusted for family size. Prospective tenant incomes are verified prior to move-in.

  • 1: All residents must be 40 years or older and at least one household member must be at least 55 years of age.

    2: Spero Belle Plaine participates in an affordable housing program. Household income & student status limitations apply. Household income is based on GROSS annual income (before any deductions) earned from all sources including wages, social security payments, public assistance, pensions, annuities, interest income, dividends, stocks, bonds, insurance settlements, recurring gifts from family/friends, sales of artwork, etc. Third-party verification will be required of all income, and copies of tax returns and pay stubs may be required.

    Income Qualifications
    Please contact our Property Manager, Julie Dial, at julie@speroseniorliving.com for incoming qualification information.

  • Look at your last six pay stub's gross earnings and add all six up. Divide by six to figure out how much you make per pay period. Multiply by the number of pay periods per year.

    Weekly = 52
    Bi-Weekly = 26
    Semi Monthly = 24
    Monthly = 12

  • Total assets valued at greater than $5,000 have a very small inputted value added to household income.

  • Yes, section 8 vouchers are accepted, provided they cover the full monthly rent amount.

  • Residents are responsible for electric, cable, and internet.

  • A maximum of 2 occupants per bedroom is permitted.

  • Yes, we are a pet-friendly community! Dogs & cats welcome.

    - Limit: 2 pets per apartment home
    - Pet Deposit: $500 per pet/due at time of move-in
    - Monthly Rent: $30 per pet
    - Weight Limit: 50 lbs at full maturity 

  • No, smoking of all types (cigarettes, e-cigarettes, cigars, etc.) is be prohibited anywhere on the property. This is an entirely smoke-free community.

  • Yes, underground heated parking is available is available for an additional $80 monthly fee.

  • No, we do not have additional storage space available on-site.

Have more questions?