About This Property
Chapel Ridge of Bethel Heights comprises 184 apartments in Springdale, Arkansas, with 140 units designated for low-income residents. The community offers a mix of one, two, and three-bedroom floor plans, with 16 one-bedroom, 63 two-bedroom, and 61 three-bedroom units available. The property has been in operation since 2004 and is funded through tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Benton 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 | $871 |
| 1 Bedroom | $924 |
| 2 Bedroom | $1,121 |
| 3 Bedroom | $1,580 |
| 4 Bedroom | $1,847 |
Income Limits - Benton County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,750
- Very Low (50%)
- $26,250
- Low (80%)
- $41,950
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $30,000
- Low (80%)
- $47,950
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,750
- Low (80%)
- $53,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,450
- Low (80%)
- $59,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,450
- Low (80%)
- $64,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,450
- Low (80%)
- $69,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,450
- Low (80%)
- $74,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,450
- Low (80%)
- $79,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,750 | $26,250 | $41,950 |
| 2 Persons | $18,000 | $30,000 | $47,950 |
| 3 Persons | $21,960 | $33,750 | $53,950 |
| 4 Persons | $26,500 | $37,450 | $59,900 |
| 5 Persons | $31,040 | $40,450 | $64,700 |
| 6 Persons | $35,580 | $43,450 | $69,500 |
| 7 Persons | $40,120 | $46,450 | $74,300 |
| 8 Persons | $44,660 | $49,450 | $79,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bethel Heights, AR?+
The Fair Market Rent (FMR) for Benton County, AR is: $871 (Studio), $924 (1BR), $1121 (2BR), $1580 (3BR), $1847 (4BR). Actual rent at subsidized properties like Chapel Ridge of Bethel Heights Fka Cr of Spri is typically 30% of household income or less.
What size apartments are available at Chapel Ridge of Bethel Heights Fka Cr of Spri?+
Chapel Ridge of Bethel Heights Fka Cr of Spri offers the following unit types: 16 One-Bedroom, 63 Two-Bedroom, 61 Three-Bedroom units, for a total of 184 units.
How do I apply for housing at Chapel Ridge of Bethel Heights Fka Cr of Spri?+
Chapel Ridge of Bethel Heights Fka Cr of Spri 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 Chapel Ridge of Bethel Heights Fka Cr of Spri?+
Chapel Ridge of Bethel Heights Fka Cr of Spri is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Bethel Heights, AR?+
Based on Fair Market Rent for Benton County, the estimated price range is: 1-bedroom: $924, 2-bedroom: $1121, 3-bedroom: $1580. Actual rent at Chapel Ridge of Bethel Heights Fka Cr of Spri may be lower for income-eligible households.
What are the income limits for affordable housing in Benton County, AR?+
For a 4-person household in Benton County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,450, Low Income (80% AMI): $59,900. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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