River Bend Apartments I-IV is managed by Standard Enterprises, Inc..
Riverbend has all the elements of a great lifestyle at an affordable price. Here, you'll find a tradition of excellence in everything from our impeccable service to their quality construction. Their spacious homes reflect timeless elements of style and are designed with the comfort and convenience you desire.
Their mission is to be recognized as the leader in the affordable housing market by providing an exceptional living community with unparalled service to our residents. They fulfill this mission in a style focused on excellence and commitment.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
3 Bedroom (3/2) | 1492 | Call for Price |
4 Bedroom (4/2) | 1722 | Call for Price |
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 Natchitoches but actual income limits may differ for units at River Bend Apartments I-IV.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $20,450 | $23,400 | $26,300 | $29,200 | $31,550 | $33,900 | $36,250 | $38,550 |
Low Income (60%) | $24,540 | $28,080 | $31,560 | $35,040 | $37,860 | $40,680 | $43,500 | $46,260 |
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.
This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.