Birch Tree Acres

1204 Redbud Ln, Berryville, Arkansas 00000

Birch Tree Acres Subdivision is a 38-unit property located on County Road 426, in Berryville, Arkansas. The subdivision consists of 38 three-bedroom single-family houses on individual lots. Each house is approximately 1,200 square feet plus a carport, front porch and back patio.

Each house is equipped with a stove, vent hood, refrigerator, dishwasher, disposal, microwave oven, central heat and air conditioning, washer and dryer hook-ups and ceiling fans. All of the appliances are electric. The exterior is constructed of brick and/or vinyl siding.
The property includes a playground area, a picnic area, and a community facility all for the exclusive use of the residents. 
The Birch Tree Acres Subdivision was built to cater exclusively to large families. The rent structure of the property is governed by the IRS Section 42 rules and is restricted to residents earning at or below 60% of the area median income. An additional five percent of the property is further restricted to residents earning at or below 30% of the area median income for deeper targeting.
Preference is shown to qualified residents that are on the Public Housing Authority’s waiting list. It is anticipated that at the end of the compliance period the houses will be offered for homeownership.

Unit (Bd/Ba) Ft2 Rent
Three Bedrooms (3/2) 1115 Call for Price

Eligibility for Birch Tree Acres

Birch Tree Acres Details

  • 38 three bedroom units.
  • Section 538 Guaranteed Rural Rental Housing
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Clubhouse
  • Picnic Area

Unit Amenities

  • Ceiling Fan(s)
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Refrigerator
  • Oven and Range
  • Private Patios
Section 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Images of Birch Tree Acres
Image of Birch Tree Acres
Image of Birch Tree Acres
Nearby Low Income Apartment Communities like Birch Tree Acres

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