About This Property
Cypress Grove is an affordable housing community in McGehee, AR offering 36 low-income units placed in service in 2015. The property contains 33 three-bedroom units and 3 four-bedroom units.
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 Cypress Grove - Mcgehee is typically 30% of household income or less.
What size apartments are available at Cypress Grove - Mcgehee?+
Cypress Grove - Mcgehee offers the following unit types: 33 Three-Bedroom, 3 Four-Bedroom units, for a total of 36 units.
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: 3-bedroom: $1121. Actual rent at Cypress Grove - Mcgehee may be lower for income-eligible households.
Who manages Cypress Grove - Mcgehee?+
Cypress Grove - Mcgehee is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Cypress Grove - Mcgehee?+
Cypress Grove - Mcgehee 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.
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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