About This Property
Whitaker Manor Apartments, also known as Whitaker Terrace, comprises 50 units in Madison, Arkansas, with 49 designated as low-income housing. The property opened in 2010 and includes 12 one-bedroom units, 20 two-bedroom units, 12 three-bedroom units, and 6 four-bedroom units. The development operates under 4% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - St. Francis 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 | $618 |
| 1 Bedroom | $660 |
| 2 Bedroom | $833 |
| 3 Bedroom | $1,161 |
| 4 Bedroom | $1,166 |
Income Limits - St. Francis 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 Madison, AR?+
The Fair Market Rent (FMR) for St. Francis County, AR is: $618 (Studio), $660 (1BR), $833 (2BR), $1161 (3BR), $1166 (4BR). Actual rent at subsidized properties like Whitaker Manor Apartments Aka Whitaker Terrac is typically 30% of household income or less.
What size apartments are available at Whitaker Manor Apartments Aka Whitaker Terrac?+
Whitaker Manor Apartments Aka Whitaker Terrac offers the following unit types: 12 One-Bedroom, 20 Two-Bedroom, 12 Three-Bedroom, 6 Four-Bedroom units, for a total of 50 units.
What are the income limits for affordable housing in St. Francis County, AR?+
For a 4-person household in St. Francis 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 Whitaker Manor Apartments Aka Whitaker Terrac?+
Whitaker Manor Apartments Aka Whitaker Terrac 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.
What is the price range for apartments in Madison, AR?+
Based on Fair Market Rent for St. Francis County, the estimated price range is: 1-bedroom: $660, 2-bedroom: $833, 3-bedroom: $1161. Actual rent at Whitaker Manor Apartments Aka Whitaker Terrac may be lower for income-eligible households.
Who manages Whitaker Manor Apartments Aka Whitaker Terrac?+
Whitaker Manor Apartments Aka Whitaker Terrac is managed by . You can reach them at .
Walk Score
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