About This Property
Valley Apartments, formerly known as Delta Villas, comprises 24 low-income units in McGehee, Arkansas. The property was placed in service in 1996 and includes 20 two-bedroom and four three-bedroom units. The property receives 9% Low-Income Housing Tax Credit funding and is located in Desha County.
Property Details
Fair Market Rent - Desha 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 | $630 |
| 1 Bedroom | $634 |
| 2 Bedroom | $814 |
| 3 Bedroom | $1,121 |
| 4 Bedroom | $1,381 |
Income Limits - Desha 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 Mc Gehee, AR?+
The Fair Market Rent (FMR) for Desha County, AR is: $630 (Studio), $634 (1BR), $814 (2BR), $1121 (3BR), $1381 (4BR). Actual rent at subsidized properties like Valley Apartments Fka Delta Villas is typically 30% of household income or less.
What size apartments are available at Valley Apartments Fka Delta Villas?+
Valley Apartments Fka Delta Villas offers the following unit types: 20 Two-Bedroom, 4 Three-Bedroom units, for a total of 24 units.
Who manages Valley Apartments Fka Delta Villas?+
Valley Apartments Fka Delta Villas is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Valley Apartments Fka Delta Villas?+
Valley Apartments Fka Delta Villas 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 are the income limits for affordable housing in Desha County, AR?+
For a 4-person household in Desha 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 Mc Gehee, AR?+
Based on Fair Market Rent for Desha County, the estimated price range is: 2-bedroom: $814, 3-bedroom: $1121. Actual rent at Valley Apartments Fka Delta Villas may be lower for income-eligible households.
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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