About This Property
Legacy At El Dorado comprises 51 units in El Dorado, Arkansas, with 50 designated as low-income housing. The property, which was placed in service in 2014, includes one studio, 16 one-bedroom, and 34 two-bedroom units and operates under a 9% LIHTC credit structure. The community is managed by a professional property management team serving Union County residents.
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 Legacy At El Dorado is typically 30% of household income or less.
What size apartments are available at Legacy At El Dorado?+
Legacy At El Dorado offers the following unit types: 1 Studio, 16 One-Bedroom, 34 Two-Bedroom units, for a total of 51 units.
Who manages Legacy At El Dorado?+
Legacy At El Dorado is managed by . You can reach them at .
How do I apply for housing at Legacy At El Dorado?+
Legacy At 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.
What is the price range for apartments in El Dorado, AR?+
Based on Fair Market Rent for Union County, the estimated price range is: 1-bedroom: $696, 2-bedroom: $864. Actual rent at Legacy At El Dorado may be lower for income-eligible households.
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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Legacy At El Dorado
Vineyards At El Dorado Phase Ii
El Dorado, AR
48 UnitsChapel Ridge of El Dorado Phase I
El Dorado, AR
64 UnitsVineyards At El Dorado
El Dorado, AR
48 UnitsChapel Ridge of El Dorado Ii
El Dorado, AR
64 UnitsBrookstone Park of El Dorado
El Dorado, AR
19 Units