About This Property
Hopewood Townhouses comprises 8 two-bedroom units serving low-income households in DeWitt, Arkansas. The property has been in service since 1990 and participates in the 4% Low-Income Housing Tax Credit program. All eight units are designated as affordable housing.
Property Details
Fair Market Rent - Arkansas County, AR
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $581 |
| 1 Bedroom | $652 |
| 2 Bedroom | $857 |
| 3 Bedroom | $1,050 |
| 4 Bedroom | $1,348 |
Income Limits - Arkansas County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,050
- Low (80%)
- $30,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,800
- Low (80%)
- $34,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,500
- Low (80%)
- $39,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,200
- Low (80%)
- $43,500
- Extremely Low (30%)
- $29,400
- Very Low (50%)
- $29,400
- Low (80%)
- $47,000
- Extremely Low (30%)
- $31,600
- Very Low (50%)
- $31,600
- Low (80%)
- $50,500
- Extremely Low (30%)
- $33,750
- Very Low (50%)
- $33,750
- Low (80%)
- $53,950
- Extremely Low (30%)
- $35,950
- Very Low (50%)
- $35,950
- Low (80%)
- $57,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,050 | $30,450 |
| 2 Persons | $17,420 | $21,800 | $34,800 |
| 3 Persons | $21,960 | $24,500 | $39,150 |
| 4 Persons | $26,500 | $27,200 | $43,500 |
| 5 Persons | $29,400 | $29,400 | $47,000 |
| 6 Persons | $31,600 | $31,600 | $50,500 |
| 7 Persons | $33,750 | $33,750 | $53,950 |
| 8 Persons | $35,950 | $35,950 | $57,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in De Witt, AR?+
The Fair Market Rent (FMR) for Arkansas County, AR is: $581 (Studio), $652 (1BR), $857 (2BR), $1050 (3BR), $1348 (4BR). Actual rent at subsidized properties like Hopewood Townhouses is typically 30% of household income or less.
What size apartments are available at Hopewood Townhouses?+
Hopewood Townhouses offers the following unit types: 8 Two-Bedroom units, for a total of 8 units.
What is the price range for apartments in De Witt, AR?+
Based on Fair Market Rent for Arkansas County, the estimated price range is: 2-bedroom: $857. Actual rent at Hopewood Townhouses may be lower for income-eligible households.
What are the income limits for affordable housing in Arkansas County, AR?+
For a 4-person household in Arkansas County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,200, Low Income (80% AMI): $43,500. These limits are set by HUD and updated annually.
How do I apply for housing at Hopewood Townhouses?+
Hopewood Townhouses is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Hopewood Townhouses?+
Hopewood Townhouses is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
