About This Property
Savannah Park of Charleston II in Charleston, AR comprises 32 low-income units designed to serve elderly residents. The property, which entered service in 1990, includes 26 one-bedroom and 6 two-bedroom units and is financed through 4% Low-Income Housing Tax Credit allocation. The community is actively managed and provides housing options for qualifying low-income seniors in Franklin County.
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 Charleston, 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 Charleston Ii (Wingate) is typically 30% of household income or less.
What size apartments are available at Savannah Park of Charleston Ii (Wingate)?+
Savannah Park of Charleston Ii (Wingate) offers the following unit types: 26 One-Bedroom, 6 Two-Bedroom units, for a total of 32 units.
How do I apply for housing at Savannah Park of Charleston Ii (Wingate)?+
Savannah Park of Charleston Ii (Wingate) 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.
Who is eligible to live at Savannah Park of Charleston Ii (Wingate)?+
Savannah Park of Charleston Ii (Wingate) primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
Who manages Savannah Park of Charleston Ii (Wingate)?+
Savannah Park of Charleston Ii (Wingate) is managed by . You can reach them at .
What is the price range for apartments in Charleston, 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 Charleston Ii (Wingate) 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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