About This Property
Jasper Senior Citizen Apts comprises 22 units serving elderly residents in Jasper, Arkansas, including twenty-two 1-bedroom and two 2-bedroom apartments designated as low-income housing. The property has been in service since 1995 and utilizes 4% Low-Income Housing Tax Credits. All units remain available for income-qualified seniors.
Property Details
Fair Market Rent - Newton 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 | $604 |
| 1 Bedroom | $725 |
| 2 Bedroom | $814 |
| 3 Bedroom | $984 |
| 4 Bedroom | $1,381 |
Income Limits - Newton 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 Jasper, AR?+
The Fair Market Rent (FMR) for Newton County, AR is: $604 (Studio), $725 (1BR), $814 (2BR), $984 (3BR), $1381 (4BR). Actual rent at subsidized properties like Jasper Senior Citizen Apts is typically 30% of household income or less.
What size apartments are available at Jasper Senior Citizen Apts?+
Jasper Senior Citizen Apts offers the following unit types: 22 One-Bedroom, 2 Two-Bedroom units, for a total of 22 units.
Who manages Jasper Senior Citizen Apts?+
Jasper Senior Citizen Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Newton County, AR?+
For a 4-person household in Newton 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.
How do I apply for housing at Jasper Senior Citizen Apts?+
Jasper Senior Citizen Apts 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 is the price range for apartments in Jasper, AR?+
Based on Fair Market Rent for Newton County, the estimated price range is: 1-bedroom: $725, 2-bedroom: $814. Actual rent at Jasper Senior Citizen Apts may be lower for income-eligible households.
Who is eligible to live at Jasper Senior Citizen Apts?+
Jasper Senior Citizen Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.