Richardson Place I

108 Seth Davis Dr., Marksville, Louisiana 71351

Contact Richardson Place I

Conveniently located near the heart of Marksville, LA, Richardson Place I offers spacious 3-and 4-bedroom homes to rent for individuals and families. Each unit is equipped with central heat and air, washer and dryer, kitchen appliances and mini-blinds on the windows.

The common grounds include a community building with computer room, an outdoor picnic area and playground. Shopping and dining can be found within walking distance along Main Street, with plenty of other shops and restaurants just minutes away along Hwy. 1.

Unit (Bd/Ba)	Ft²	Rent
Three Bedroom (3/2)	-	Call for Price
Four Bedroom (4/2)	-	Call for Price

Eligibility for Richardson Place I

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 Marksville but actual income limits may differ for units at Richardson Place I.

AMI Band	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$24,860	$28,950	$31,300	$33,600	$35,900	$38,250
50%	$26,100	$28,950	$31,300	$33,600	$35,900	$38,250
80%	$41,700	$46,300	$50,050	$53,750	$57,450	$61,150

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 Marksville but actual income limits may differ for units at Richardson Place I.

AMI Band	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$26,100	$28,950	$31,300	$33,600	$35,900	$38,250
Low Income (60%)	$31,320	$34,740	$37,560	$40,320	$43,080	$45,900

Richardson Place I Details

30 three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 538 Guaranteed Rural Rental Housing

Property Amenities

Playground
Basketball Court
Computer Lab
Community Room
On-Site Manager
Gazebo
Emergency Pull Cord
Picnic Area

Unit Amenities

Ceiling Fan(s)
Dishwasher
Garbage Disposal
Microwave
Washer and Dryer Hookup
Storage
Refrigerator
Central Heat & Air
Stove
Cable & Internet Ready

Office Hours

Day	Hours
Monday	8:00am-2:00pm
Wednesday	8:00am-2:00pm
Friday	8:00am-2:00pm

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.

Section 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.