About This Property
Brookstone Park of El Dorado comprises 19 units in El Dorado, Arkansas, with 15 designated as low-income housing. The community includes four 3-bedroom units and eleven 4-bedroom units, placed in service in 2004 and financed through 9% Low-Income Housing Tax Credits. The property operates in Union County and serves families seeking affordable rental housing.
Property Details
Fair Market Rent - Union 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 | $692 |
| 1 Bedroom | $696 |
| 2 Bedroom | $864 |
| 3 Bedroom | $1,158 |
| 4 Bedroom | $1,219 |
Income Limits - Union County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,200
- Low (80%)
- $32,300
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,050
- Low (80%)
- $36,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,950
- Low (80%)
- $41,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,800
- Low (80%)
- $46,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,150
- Low (80%)
- $49,800
- Extremely Low (30%)
- $33,450
- Very Low (50%)
- $33,450
- Low (80%)
- $53,500
- Extremely Low (30%)
- $35,750
- Very Low (50%)
- $35,750
- Low (80%)
- $57,200
- Extremely Low (30%)
- $38,050
- Very Low (50%)
- $38,050
- Low (80%)
- $60,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,200 | $32,300 |
| 2 Persons | $17,420 | $23,050 | $36,900 |
| 3 Persons | $21,960 | $25,950 | $41,500 |
| 4 Persons | $26,500 | $28,800 | $46,100 |
| 5 Persons | $31,040 | $31,150 | $49,800 |
| 6 Persons | $33,450 | $33,450 | $53,500 |
| 7 Persons | $35,750 | $35,750 | $57,200 |
| 8 Persons | $38,050 | $38,050 | $60,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in El Dorado, AR?+
The Fair Market Rent (FMR) for Union County, AR is: $692 (Studio), $696 (1BR), $864 (2BR), $1158 (3BR), $1219 (4BR). Actual rent at subsidized properties like Brookstone Park of El Dorado is typically 30% of household income or less.
What size apartments are available at Brookstone Park of El Dorado?+
Brookstone Park of El Dorado offers the following unit types: 4 Three-Bedroom, 11 Four-Bedroom units, for a total of 19 units.
Who manages Brookstone Park of El Dorado?+
Brookstone Park of El Dorado is managed by . You can reach them at .
What are the income limits for affordable housing in Union County, AR?+
For a 4-person household in Union County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,800, Low Income (80% AMI): $46,100. These limits are set by HUD and updated annually.
What is the price range for apartments in El Dorado, AR?+
Based on Fair Market Rent for Union County, the estimated price range is: 3-bedroom: $1158. Actual rent at Brookstone Park of El Dorado may be lower for income-eligible households.
How do I apply for housing at Brookstone Park of El Dorado?+
Brookstone Park of El Dorado 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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