Chapel Oaks Apartments

211 E Raney Ave, Mccrory, Arkansas 72101

Contact Chapel Oaks Apartments

Welcome to Chapel Oaks Apartments in McCrory, Arkansas where you will find comfortable and convenient apartment homes at affordable prices. Located on the corner of Raney Avenue and Chapel Oaks Drive, this community is located just minutes from downtown. With close proximity to Memphis, Tennessee there are endless possibilities for big city entertainment, dining, and shopping. For those who love the outdoor life, the Ozark National Forest is a short distance away where a variety of recreational activities are waiting for you.

*Rent Income Based

These apartment homes offer three different floor plans ranging from one bedroom to three bedroom designs. Each home features central air conditioning and heating, ceiling fans, and an all-electric kitchen with a breakfast bar for those who enjoy cooking. Select homes include washer and dryers. Chapel Oaks Apartments offers our residents an affordable lifestyle of satisfaction and ease.

Residents enjoy some of the best community amenities apartment home living has to offer. Step into our fantastic clubhouse which features a state-of-the-art fitness center and a business center for your copy and fax service needs. Take a walk through our beautifully landscaped grounds or head over to the children’s play area for some fun. We are proud to offer a professional staff, on-call maintenance, and a laundry facility to make those everyday chores a breeze. Give Them a call to schedule your personal tour today.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	640	From $655
Two Bedroom (2/2)	865	From $760
Three Bedroom (3/2)	1100	From $925

Eligibility for Chapel Oaks 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 Mccrory but actual income limits may differ for units at Chapel Oaks Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$14,580	$19,720	$24,860	$30,000	$34,400	$36,950
50%	$22,300	$25,500	$28,700	$31,850	$34,400	$36,950
80%	$35,700	$40,800	$45,900	$50,950	$55,050	$59,150

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 Mccrory but actual income limits may differ for units at Chapel Oaks Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$22,300	$25,500	$28,700	$31,850	$34,400	$36,950

Chapel Oaks Apartments Details

60 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Fitness Center
Playground
Business Center
Clubhouse
Laundry Room
Smoke Free
High Speed Internet Access

Unit Amenities

Air Conditioning
Washer and Dryer Hookup
Refrigerator
Electric Range

Office Hours

Day	Hours
Monday	8:00am-4:30pm
Tuesday	8:00am-4:30pm
Wednesday	8:00am-4:30pm
Thursday	8:00am-4:30pm
Friday	8:00am-4:30pm

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.