Chicot Apartments

604 E Compress St, Eudora, Arkansas 71640

Contact Chicot Apartments

Chicot Apartments are nestled in the southwest corner of beautiful Chicot County offering 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Each unit features 9-foot ceilings, GE appliances, a gas range, vinyl plank flooring, and central heat/air. Community amenities include a computer lab, state-of-the-art fitness center, children's play area, BBQ grills, and picnic area. Chicot Apartments are conveniently located near Eudora City Park, lakes, rivers, and streams.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	710	Call for Price
Two Bedroom (2/1)	840	$908
Three Bedroom (3/1)	950	$1,133

Eligibility for Chicot Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Eudora but actual income limits may differ for units at Chicot Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person
30%	$14,580	$19,720	$24,860	$30,000	$34,250	$36,800	$39,350
50%	$22,200	$25,400	$28,550	$31,700	$34,250	$36,800	$39,350
80%	$35,500	$40,600	$45,650	$50,700	$54,800	$58,850	$62,900

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 Eudora but actual income limits may differ for units at Chicot Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person
Very Low Income (50%)	$22,200	$25,400	$28,550	$31,700	$34,250	$36,800	$39,350

Chicot Apartments Details

50 one, two and three bedroom units.
Water and Sewer utilities included in rent
Electricity utility included in rent
Heat utility included in rent
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Fitness Center
Computer Lab
Grilling Area
Beautiful Landscape
Picnic Area

Unit Amenities

All Appliances included
Dishwasher
Microwave
Cable Ready
Utilities Included
Refrigerator
Oven and Range
Open Concept Fully Equipped Kitchens
Central Heat & Air
Mini Blinds & Curtain Rods
High Ceilings

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Tuesday	8:00am-5:00pm
Wednesday	8:00am-5:00pm
Thursday	8:00am-5:00pm
Friday	8:00am-5:00pm
Saturday	Closed
Sunday	Closed

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.