About This Property
Pinewood Apartments in Corning, AR offers 29 low-income units that were placed in service in 2016. The property contains 29 one-bedroom units and one two-bedroom unit. This Clay County community serves residents seeking affordable rental housing.
Property Details
Fair Market Rent - Clay 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 | $615 |
| 1 Bedroom | $620 |
| 2 Bedroom | $814 |
| 3 Bedroom | $1,050 |
| 4 Bedroom | $1,301 |
Income Limits - Clay 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 Corning, AR?+
The Fair Market Rent (FMR) for Clay County, AR is: $615 (Studio), $620 (1BR), $814 (2BR), $1050 (3BR), $1301 (4BR). Actual rent at subsidized properties like Pinewood Apartments is typically 30% of household income or less.
What size apartments are available at Pinewood Apartments?+
Pinewood Apartments offers the following unit types: 29 One-Bedroom, 1 Two-Bedroom units, for a total of 29 units.
What are the income limits for affordable housing in Clay County, AR?+
For a 4-person household in Clay 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.
How do I apply for housing at Pinewood Apartments?+
Pinewood Apartments 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.
What is the price range for apartments in Corning, AR?+
Based on Fair Market Rent for Clay County, the estimated price range is: 1-bedroom: $620, 2-bedroom: $814. Actual rent at Pinewood Apartments may be lower for income-eligible households.
Who manages Pinewood Apartments?+
Pinewood Apartments is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.