About This Property
Spring Woods offers 25 low-income rental units in Hardy, Arkansas, serving families in Fulton County. The property, placed in service in 1993, contains 24 one-bedroom units and 1 two-bedroom unit. Interested applicants should contact the property management office for information about availability and eligibility requirements.
Property Details
Fair Market Rent - Fulton 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 | $552 |
| 1 Bedroom | $620 |
| 2 Bedroom | $814 |
| 3 Bedroom | $1,126 |
| 4 Bedroom | $1,244 |
Income Limits - Fulton 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 Hardy, AR?+
The Fair Market Rent (FMR) for Fulton County, AR is: $552 (Studio), $620 (1BR), $814 (2BR), $1126 (3BR), $1244 (4BR). Actual rent at subsidized properties like Spring Woods is typically 30% of household income or less.
What size apartments are available at Spring Woods?+
Spring Woods offers the following unit types: 24 One-Bedroom, 1 Two-Bedroom units, for a total of 25 units.
Who is eligible to live at Spring Woods?+
Spring Woods primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Hardy, AR?+
Based on Fair Market Rent for Fulton County, the estimated price range is: 1-bedroom: $620, 2-bedroom: $814. Actual rent at Spring Woods may be lower for income-eligible households.
How do I apply for housing at Spring Woods?+
Spring Woods 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 Fulton County, AR?+
For a 4-person household in Fulton 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 Spring Woods?+
Spring Woods is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
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