About This Property
Cottages at Conway Phase II comprises 40 rental units in Conway, Arkansas, with 32 designated as low-income housing. The property features a mix of 14 one-bedroom and 26 two-bedroom units and has been in service since 2017. This development was financed through 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of the City of Conway
Preferences include disabled, elderly, families, and homeless individuals. Exclusions apply to convicted sex offenders, individuals with methamphetamine-related charges, and full-time students without children, disabilities, or veteran status.
The HCV (Section 8) waitlist is currently closed.
Waitlist data provided by section8waitlist.org
Updated June 18, 2026
Property Details
Fair Market Rent - Faulkner 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 | $944 |
| 1 Bedroom | $950 |
| 2 Bedroom | $1,089 |
| 3 Bedroom | $1,454 |
| 4 Bedroom | $1,717 |
Income Limits - Faulkner County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,050
- Very Low (50%)
- $25,050
- Low (80%)
- $40,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,600
- Low (80%)
- $45,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,200
- Low (80%)
- $51,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,750
- Low (80%)
- $57,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,500
- Low (80%)
- $66,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,350
- Low (80%)
- $70,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,200
- Low (80%)
- $75,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,050 | $25,050 | $40,050 |
| 2 Persons | $17,420 | $28,600 | $45,800 |
| 3 Persons | $21,960 | $32,200 | $51,500 |
| 4 Persons | $26,500 | $35,750 | $57,200 |
| 5 Persons | $31,040 | $38,650 | $61,800 |
| 6 Persons | $35,580 | $41,500 | $66,400 |
| 7 Persons | $40,120 | $44,350 | $70,950 |
| 8 Persons | $44,660 | $47,200 | $75,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Conway, AR?+
The Fair Market Rent (FMR) for Faulkner County, AR is: $944 (Studio), $950 (1BR), $1089 (2BR), $1454 (3BR), $1717 (4BR). Actual rent at subsidized properties like Cottages At Conway Phase Ii is typically 30% of household income or less.
What size apartments are available at Cottages At Conway Phase Ii?+
Cottages At Conway Phase Ii offers the following unit types: 14 One-Bedroom, 26 Two-Bedroom units, for a total of 40 units.
What is the price range for apartments in Conway, AR?+
Based on Fair Market Rent for Faulkner County, the estimated price range is: 1-bedroom: $950, 2-bedroom: $1089. Actual rent at Cottages At Conway Phase Ii may be lower for income-eligible households.
How do I apply for housing at Cottages At Conway Phase Ii?+
Cottages At Conway Phase Ii 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 Faulkner County, AR?+
For a 4-person household in Faulkner County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,750, Low Income (80% AMI): $57,200. These limits are set by HUD and updated annually.
Is there a waitlist for Cottages At Conway Phase Ii?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Cottages At Conway Phase Ii?+
Cottages At Conway Phase Ii is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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