Low Income (LIHTC)

Richwood Cottages

HIGHLAND ROAD, Richwood, LA, 71202

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Richwood Cottages offers 50 low-income residential units in Richwood, LA, with a mix of one, two, and three-bedroom floor plans. The property has been in service since 1994 and serves the Ouachita County area.

Property Details

Total Units

1 Bedroom

2 Bedroom

3 Bedroom

Income Limits - Ouachita County, LA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $12,880
Very Low (50%): $20,300
Low (80%): $32,450

2 Persons

Extremely Low (30%): $17,420
Very Low (50%): $23,200
Low (80%): $37,050

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $26,100
Low (80%): $41,700

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $28,950
Low (80%): $46,300

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $31,300
Low (80%): $50,050

6 Persons

Extremely Low (30%): $33,600
Very Low (50%): $33,600
Low (80%): $53,750

7 Persons

Extremely Low (30%): $35,900
Very Low (50%): $35,900
Low (80%): $57,450

8 Persons

Extremely Low (30%): $38,250
Very Low (50%): $38,250
Low (80%): $61,150

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$12,880	$20,300	$32,450
2 Persons	$17,420	$23,200	$37,050
3 Persons	$21,960	$26,100	$41,700
4 Persons	$26,500	$28,950	$46,300
5 Persons	$31,040	$31,300	$50,050
6 Persons	$33,600	$33,600	$53,750
7 Persons	$35,900	$35,900	$57,450
8 Persons	$38,250	$38,250	$61,150

Tax Credit Program Details

Year Placed in Service

1994

LIHTC Credit Type

Low-Income Units

50 / 50

Frequently Asked Questions

What size apartments are available at Richwood Cottages?+

Richwood Cottages offers the following unit types: 2 One-Bedroom, 4 Two-Bedroom, 4 Three-Bedroom units, for a total of 50 units.

What are the income limits for affordable housing in Ouachita County, LA?+

For a 4-person household in Ouachita County, LA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,950, Low Income (80% AMI): $46,300. These limits are set by HUD and updated annually.

How do I apply for housing at Richwood Cottages?+

Richwood Cottages 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 Richwood Cottages?+

Richwood Cottages is managed by . You can reach them at .

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