About This Property
Arborwood III Apartments is a 24-unit affordable housing community in Fallon, Nevada that serves elderly residents. The property contains twenty-four one-bedroom units designated for low-income households and has been in service since 1992. The development utilizes 4% Low-Income Housing Tax Credits to support its affordable housing mission.
Property Details
Fair Market Rent - Churchill County, NV
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $822 |
| 1 Bedroom | $920 |
| 2 Bedroom | $1,209 |
| 3 Bedroom | $1,704 |
| 4 Bedroom | $2,052 |
Income Limits - Churchill County, NV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,550
- Very Low (50%)
- $27,550
- Low (80%)
- $44,100
- Extremely Low (30%)
- $18,900
- Very Low (50%)
- $31,500
- Low (80%)
- $50,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,450
- Low (80%)
- $56,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,350
- Low (80%)
- $62,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,500
- Low (80%)
- $68,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,650
- Low (80%)
- $73,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,800
- Low (80%)
- $78,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,950
- Low (80%)
- $83,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,550 | $27,550 | $44,100 |
| 2 Persons | $18,900 | $31,500 | $50,400 |
| 3 Persons | $21,960 | $35,450 | $56,700 |
| 4 Persons | $26,500 | $39,350 | $62,950 |
| 5 Persons | $31,040 | $42,500 | $68,000 |
| 6 Persons | $35,580 | $45,650 | $73,050 |
| 7 Persons | $40,120 | $48,800 | $78,100 |
| 8 Persons | $44,660 | $51,950 | $83,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fallon, NV?+
The Fair Market Rent (FMR) for Churchill County, NV is: $822 (Studio), $920 (1BR), $1209 (2BR), $1704 (3BR), $2052 (4BR). Actual rent at subsidized properties like Arborwood Iii Apartments is typically 30% of household income or less.
What size apartments are available at Arborwood Iii Apartments?+
Arborwood Iii Apartments offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
What is the price range for apartments in Fallon, NV?+
Based on Fair Market Rent for Churchill County, the estimated price range is: 1-bedroom: $920. Actual rent at Arborwood Iii Apartments may be lower for income-eligible households.
How do I apply for housing at Arborwood Iii Apartments?+
Arborwood Iii Apartments 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 is eligible to live at Arborwood Iii Apartments?+
Arborwood Iii Apartments primarily serves elderly residents, HANDICAPPED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Churchill County, NV?+
For a 4-person household in Churchill County, NV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,350, Low Income (80% AMI): $62,950. These limits are set by HUD and updated annually.
Who manages Arborwood Iii Apartments?+
Arborwood Iii Apartments is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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