About This Property
Hampton Cove offers 25 units of affordable housing in Hampton, AR, with 24 units designated for low-income residents. The property includes twenty-four 1-bedroom units and has been in service since 1992. The development utilizes 4% Low-Income Housing Tax Credits and is managed professionally to serve the local community.
Property Details
Fair Market Rent - Calhoun 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 | $678 |
| 1 Bedroom | $696 |
| 2 Bedroom | $915 |
| 3 Bedroom | $1,106 |
| 4 Bedroom | $1,291 |
Income Limits - Calhoun County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,300
- Low (80%)
- $30,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,050
- Low (80%)
- $35,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,800
- Low (80%)
- $39,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,550
- Low (80%)
- $44,100
- Extremely Low (30%)
- $29,800
- Very Low (50%)
- $29,800
- Low (80%)
- $47,650
- Extremely Low (30%)
- $32,000
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $34,200
- Very Low (50%)
- $34,200
- Low (80%)
- $54,700
- Extremely Low (30%)
- $36,400
- Very Low (50%)
- $36,400
- Low (80%)
- $58,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,300 | $30,900 |
| 2 Persons | $17,420 | $22,050 | $35,300 |
| 3 Persons | $21,960 | $24,800 | $39,700 |
| 4 Persons | $26,500 | $27,550 | $44,100 |
| 5 Persons | $29,800 | $29,800 | $47,650 |
| 6 Persons | $32,000 | $32,000 | $51,200 |
| 7 Persons | $34,200 | $34,200 | $54,700 |
| 8 Persons | $36,400 | $36,400 | $58,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hampton, AR?+
The Fair Market Rent (FMR) for Calhoun County, AR is: $678 (Studio), $696 (1BR), $915 (2BR), $1106 (3BR), $1291 (4BR). Actual rent at subsidized properties like Hampton Cove is typically 30% of household income or less.
What size apartments are available at Hampton Cove?+
Hampton Cove offers the following unit types: 24 One-Bedroom units, for a total of 25 units.
What is the price range for apartments in Hampton, AR?+
Based on Fair Market Rent for Calhoun County, the estimated price range is: 1-bedroom: $696. Actual rent at Hampton Cove may be lower for income-eligible households.
What are the income limits for affordable housing in Calhoun County, AR?+
For a 4-person household in Calhoun County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,550, Low Income (80% AMI): $44,100. These limits are set by HUD and updated annually.
How do I apply for housing at Hampton Cove?+
Hampton Cove 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 Hampton Cove?+
Hampton Cove is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.