About This Property
Cypress Point Apartments offers 8 one-bedroom units in Wabbaseka, Arkansas, designated as low-income housing. The property has been in service since 1995 and utilizes 4% Low-Income Housing Tax Credit financing. Management contact information is available upon request.
Property Details
Fair Market Rent - Jefferson 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 | $635 |
| 1 Bedroom | $690 |
| 2 Bedroom | $906 |
| 3 Bedroom | $1,151 |
| 4 Bedroom | $1,207 |
Income Limits - Jefferson County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,350
- Low (80%)
- $30,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,100
- Low (80%)
- $35,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,850
- Low (80%)
- $39,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,600
- Low (80%)
- $44,150
- Extremely Low (30%)
- $29,850
- Very Low (50%)
- $29,850
- Low (80%)
- $47,700
- Extremely Low (30%)
- $32,050
- Very Low (50%)
- $32,050
- Low (80%)
- $51,250
- Extremely Low (30%)
- $34,250
- Very Low (50%)
- $34,250
- Low (80%)
- $54,750
- Extremely Low (30%)
- $36,450
- Very Low (50%)
- $36,450
- Low (80%)
- $58,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,350 | $30,950 |
| 2 Persons | $17,420 | $22,100 | $35,350 |
| 3 Persons | $21,960 | $24,850 | $39,750 |
| 4 Persons | $26,500 | $27,600 | $44,150 |
| 5 Persons | $29,850 | $29,850 | $47,700 |
| 6 Persons | $32,050 | $32,050 | $51,250 |
| 7 Persons | $34,250 | $34,250 | $54,750 |
| 8 Persons | $36,450 | $36,450 | $58,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Wabbaseka, AR?+
The Fair Market Rent (FMR) for Jefferson County, AR is: $635 (Studio), $690 (1BR), $906 (2BR), $1151 (3BR), $1207 (4BR). Actual rent at subsidized properties like Cypress Point Apartments - Wabbaseka is typically 30% of household income or less.
What size apartments are available at Cypress Point Apartments - Wabbaseka?+
Cypress Point Apartments - Wabbaseka offers the following unit types: 8 One-Bedroom units, for a total of 8 units.
Who manages Cypress Point Apartments - Wabbaseka?+
Cypress Point Apartments - Wabbaseka is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Cypress Point Apartments - Wabbaseka?+
Cypress Point Apartments - Wabbaseka 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 Jefferson County, AR?+
For a 4-person household in Jefferson County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,600, Low Income (80% AMI): $44,150. These limits are set by HUD and updated annually.
What is the price range for apartments in Wabbaseka, AR?+
Based on Fair Market Rent for Jefferson County, the estimated price range is: 1-bedroom: $690. Actual rent at Cypress Point Apartments - Wabbaseka may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car