Calico Pines Apartments

191 Grasse St, Calico Rock, Arkansas 72519

Contact Calico Pines Apartments

27 units for seniors 62+ of age or older, handicap/disabled, regardless of age located in the town of Calico Rock, AR.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price

Eligibility for Calico Pines Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Calico Rock but actual income limits may differ for units at Calico Pines Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$22,200	$25,400	$28,550	$31,700
Low Income (60%)	$26,640	$30,480	$34,260	$38,040

Calico Pines Apartments Details

27 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Community Room
Covered Parking
Emergency Pull Cord
On-Site Maintenance
Lawn Care
Community Kitchen

Unit Amenities

Ceiling Fan(s)
Dishwasher
Microwave
Refrigerator
Water Trash and Sewer Included
Central Heat & Air
Washer and Dryer Included
Private Patios
Electric Range

Office Hours

Day	Hours
Monday	8:00am-4:00pm
Tuesday	8:00am-4:00pm
Wednesday	8:00am-4:00pm
Thursday	8:00am-4:00pm
Friday	8:00am-4:00pm

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.