About This Property
Alcott Manor comprises 18 low-income residential units in Palestine, AR, with a unit mix of six 1-bedroom, eight 2-bedroom, and four 3-bedroom apartments. The property has been in service since 2003 and is financed through 4% Low-Income Housing Tax Credits. Management and leasing information are available through the property contact.
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 Palestine, 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 Alcott Manor is typically 30% of household income or less.
What size apartments are available at Alcott Manor?+
Alcott Manor offers the following unit types: 6 One-Bedroom, 8 Two-Bedroom, 4 Three-Bedroom units, for a total of 18 units.
What is the price range for apartments in Palestine, 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 Alcott Manor may be lower for income-eligible households.
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 Alcott Manor?+
Alcott Manor 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.
Who manages Alcott Manor?+
Alcott Manor is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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