About This Property
Mountain Home Senior Citizen offers 46 low-income units designated for elderly residents in Mountain Home, AR. The property has been in service since 1987 and is funded through 4% Low-Income Housing Tax Credits. This Baxter County development provides affordable housing options for seniors in the area.
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 Mountain Home, 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 Mountain Home Senior Citizen is typically 30% of household income or less.
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.
Who is eligible to live at Mountain Home Senior Citizen?+
Mountain Home Senior Citizen primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Mountain Home Senior Citizen?+
Mountain Home Senior Citizen is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Mountain Home Senior Citizen?+
Mountain Home Senior Citizen 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.