About This Property
Lake View Estates comprises 33 units in Lakeview, AR, with 31 designated as low-income housing. The property has been in service since 1989 and includes four one-bedroom units, twenty-five two-bedroom units, and four three-bedroom units. This development is financed through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Baxter 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 | $674 |
| 1 Bedroom | $678 |
| 2 Bedroom | $891 |
| 3 Bedroom | $1,119 |
| 4 Bedroom | $1,257 |
Income Limits - Baxter County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,950
- Low (80%)
- $30,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,650
- Low (80%)
- $34,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,350
- Low (80%)
- $39,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,050
- Low (80%)
- $43,300
- Extremely Low (30%)
- $29,250
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,400
- Very Low (50%)
- $31,400
- Low (80%)
- $50,250
- Extremely Low (30%)
- $33,550
- Very Low (50%)
- $33,550
- Low (80%)
- $53,700
- Extremely Low (30%)
- $35,750
- Very Low (50%)
- $35,750
- Low (80%)
- $57,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,950 | $30,350 |
| 2 Persons | $17,420 | $21,650 | $34,650 |
| 3 Persons | $21,960 | $24,350 | $39,000 |
| 4 Persons | $26,500 | $27,050 | $43,300 |
| 5 Persons | $29,250 | $29,250 | $46,800 |
| 6 Persons | $31,400 | $31,400 | $50,250 |
| 7 Persons | $33,550 | $33,550 | $53,700 |
| 8 Persons | $35,750 | $35,750 | $57,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lakeview, AR?+
The Fair Market Rent (FMR) for Baxter County, AR is: $674 (Studio), $678 (1BR), $891 (2BR), $1119 (3BR), $1257 (4BR). Actual rent at subsidized properties like Lake View Estates is typically 30% of household income or less.
What size apartments are available at Lake View Estates?+
Lake View Estates offers the following unit types: 4 One-Bedroom, 25 Two-Bedroom, 4 Three-Bedroom units, for a total of 33 units.
What are the income limits for affordable housing in Baxter County, AR?+
For a 4-person household in Baxter County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,050, Low Income (80% AMI): $43,300. These limits are set by HUD and updated annually.
What is the price range for apartments in Lakeview, AR?+
Based on Fair Market Rent for Baxter County, the estimated price range is: 1-bedroom: $678, 2-bedroom: $891, 3-bedroom: $1119. Actual rent at Lake View Estates may be lower for income-eligible households.
How do I apply for housing at Lake View Estates?+
Lake View Estates 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 Lake View Estates?+
Lake View Estates is managed by . You can reach them at . Visit their website for more information.