1440 Sutton St, Conway, AR 72032
Waiting List Forecast: Likely Short or None
Verified for 2019 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 3 Beds | 2 Baths | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Old Conway Village offers spacious 3 bedroom 2 bathroom split level row homes & detached single family homes both with an attached garage. Enjoy a computer center and cardio fitness center in their beautiful clubhouse, designed for the convenience and use of our community residents. Large open floor plans with fully equipped kitchens featuring a dishwasher, garbage disposal, microwave, stove/oven and refrigerator. Each home also has ceiling fans and includes a full-size washer/dryer connection. Beautifully located in Conway AR, Old Conway Village is the perfect choice for your new home. * Income Restrictions Apply
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Old Conway Village does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Three Bedroom (3/2) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,050 / year | $33,200 / year | $37,350 / year | $41,500 / year | $44,850 / year | $48,150 / year |
| 50% AMI for PBRA Units | $29,050 / year | $33,200 / year | $37,350 / year | $41,500 / year | $44,850 / year | $48,150 / year |
| 60% AMI for LIHTC Units | $34,860 / year | $39,840 / year | $44,820 / year | $49,800 / year | $53,820 / year | $57,780 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Old Conway Village have a waiting list?
Old Conway Village probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Old Conway Village?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Old Conway Village?
Old Conway Village is managed by Valhalla Management headquartered in Springfield, MIssouri.
In addition to Old Conway Village, how many other affordable housing properties (and units) are there in Conway?
In addition to Old Conway Village, we list 45 other affordable properties in Conway. Learn about these properties here. Our data research shows that there are a total of 1467 affordable units in Conway.
1915 RichSmith Lane, Conway, Arkansas 72032
1985 Rich Smith Ln, Conway, Arkansas 72032
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Gina Pocan says:
"Thank you, Affordable Housing Online, for being there for some of the most vulnerable people."