Park Place Apartments

125 Oriole St, Hot Springs, Arkansas 71901

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Eligibility for Park Place 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 Hot Springs but actual income limits may differ for units at Park Place Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$14,580	$19,720	$24,860	$30,000	$34,600	$37,150	$39,700	$42,250
50%	$22,400	$25,600	$28,800	$32,000	$34,600	$37,150	$39,700	$42,250
80%	$35,850	$41,000	$46,100	$51,200	$55,300	$59,400	$63,500	$67,600

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 Hot Springs but actual income limits may differ for units at Park Place Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$22,400	$25,600	$28,800	$32,000	$34,600	$37,150	$39,700	$42,250

Park Place Apartments Details

71 bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)

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.