Latest News:
HUD News in Review - November 24, 2021
Build Back Better Act passes House with $150B for affordable housing - November 23, 2021
Open Section 8 Waiting List Report - November 22, 2021
North Arkansas Senior Housing Gravette Bull Shoal
156 Kingsway Cir, Bull Shoals, Arkansas 72619
North Arkansas Senior Housing Gravette Bull Shoal Details
- 40 bedroom units.
- Section 202 Supportive Housing for the Elderly
Section 202 Supportive Housing for the Elderly
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.
Bull Shoals HUD Rental Assistance Income Qualifications
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Bull Shoals but actual income limits may differ for units at North Arkansas Senior Housing Gravette Bull Shoal.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $12,880 | $17,420 | $21,960 | $26,500 | $29,250 | $31,400 | $33,550 | $35,750 |
| 50% | $18,950 | $21,650 | $24,350 | $27,050 | $29,250 | $31,400 | $33,550 | $35,750 |
| 80% | $30,350 | $34,650 | $39,000 | $43,300 | $46,800 | $50,250 | $53,700 | $57,200 |
© 2002-2021 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.
