About This Property
Vineyards At El Dorado Phase II comprises 48 units in El Dorado, Arkansas, with 47 designated as low-income housing. The property has been in service since 2012 and includes a unit mix of one studio, six one-bedroom, seventeen two-bedroom, and twenty-four three-bedroom apartments. The development receives 9% Low-Income Housing Tax Credit financing.
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 Vineyards At El Dorado Phase Ii is typically 30% of household income or less.
What size apartments are available at Vineyards At El Dorado Phase Ii?+
Vineyards At El Dorado Phase Ii offers the following unit types: 1 Studio, 6 One-Bedroom, 17 Two-Bedroom, 24 Three-Bedroom units, for a total of 48 units.
How do I apply for housing at Vineyards At El Dorado Phase Ii?+
Vineyards At El Dorado Phase Ii 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.
Who manages Vineyards At El Dorado Phase Ii?+
Vineyards At El Dorado Phase Ii 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: 1-bedroom: $696, 2-bedroom: $864, 3-bedroom: $1158. Actual rent at Vineyards At El Dorado Phase Ii may be lower for income-eligible households.
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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