About This Property
Savannah Park of Altus contains 22 low-income residential units in Altus, Arkansas, with an 18 one-bedroom and four two-bedroom unit mix. The property has been in service since 1994 and receives 4% Low-Income Housing Tax Credit funding. This multifamily community serves Franklin County residents.
Property Details
Fair Market Rent - Franklin 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 | $638 |
| 1 Bedroom | $642 |
| 2 Bedroom | $814 |
| 3 Bedroom | $1,007 |
| 4 Bedroom | $1,381 |
Income Limits - Franklin 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 Altus, AR?+
The Fair Market Rent (FMR) for Franklin County, AR is: $638 (Studio), $642 (1BR), $814 (2BR), $1007 (3BR), $1381 (4BR). Actual rent at subsidized properties like Savannah Park of Altus Fka Sunnyfield Apartme is typically 30% of household income or less.
What size apartments are available at Savannah Park of Altus Fka Sunnyfield Apartme?+
Savannah Park of Altus Fka Sunnyfield Apartme offers the following unit types: 18 One-Bedroom, 4 Two-Bedroom units, for a total of 22 units.
Who manages Savannah Park of Altus Fka Sunnyfield Apartme?+
Savannah Park of Altus Fka Sunnyfield Apartme is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Savannah Park of Altus Fka Sunnyfield Apartme?+
Savannah Park of Altus Fka Sunnyfield Apartme 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 Franklin County, AR?+
For a 4-person household in Franklin 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 Altus, AR?+
Based on Fair Market Rent for Franklin County, the estimated price range is: 1-bedroom: $642, 2-bedroom: $814. Actual rent at Savannah Park of Altus Fka Sunnyfield Apartme may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Savannah Park of Altus Fka Sunnyfield Apartme
Garden Walk on 2nd
Ozark, AR
45 Units
Paris
Paris, AR
2 Units
Housing Authority of the City of Ozark
Ozark, AR
40 Units
Housing Authority of the City of Coal Hill
Coal Hill, AR
20 Units
Coal Hill
Coal Hill, AR
2 UnitsGarden Walk of Ozark Fka Hillview
Ozark, AR
24 Units