Valley Estates of Stuttgart

202 E Richsmith Dr, Stuttgart, Arkansas 72160

Eligibility for Valley Estates of Stuttgart

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 Stuttgart but actual income limits may differ for units at Valley Estates of Stuttgart.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $22,550 $25,750 $28,950 $32,150 $34,750 $37,300 $39,900 $42,450
Low Income (60%) $27,060 $30,900 $34,740 $38,580 $41,700 $44,760 $47,880 $50,940

Valley Estates of Stuttgart Details

  • 10 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
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.

Nearby Low Income Apartment Communities like Valley Estates of Stuttgart

Bellpoint Independent Living

714 W 21st St
Stuttgart, Arkansas
Subsidized
Senior
S. 202

Stuttgart Apartments

202 E RichSmith Drive
Stuttgart, Arkansas
Subsidized
Rent Assisted
PBRA
LIHTC
USDA S. 538
1 BR

Buerkle Square Apartments

1009 N Buerkle St
Stuttgart, Arkansas
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Hickory Square Apartments

1468 E 10th Ext
Stuttgart, Arkansas
Subsidized
Rent Assisted
Senior
Supportive
PBRA
LIHTC
S515