About This Property
Greenbrier Gardens offers 40 low-income residential units in Greenbrier, Arkansas, with a unit mix of 32 one-bedroom and 8 two-bedroom apartments. The property has been in service since 2003 and is financed through 9% Low-Income Housing Tax Credits. This Faulkner County community serves households with limited incomes.
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 Greenbrier, 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 Greenbrier Gardens is typically 30% of household income or less.
What size apartments are available at Greenbrier Gardens?+
Greenbrier Gardens offers the following unit types: 32 One-Bedroom, 8 Two-Bedroom units, for a total of 40 units.
Who manages Greenbrier Gardens?+
Greenbrier Gardens is managed by . You can reach them at .
How do I apply for housing at Greenbrier Gardens?+
Greenbrier Gardens is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
What is the price range for apartments in Greenbrier, AR?+
Based on Fair Market Rent for Faulkner County, the estimated price range is: 1-bedroom: $950, 2-bedroom: $1089. Actual rent at Greenbrier Gardens may be lower for income-eligible households.
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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