BROOKSTONE PARK OF EL DORADO

301 Moorewood St, El Dorado, Arkansas 71730

Discover why our residents love calling Chapel Ridge of Eldorado home. Our spacious one, two and three bedroom floor plans feature fully-equipped kitchens, full-size washer/dryer connections and oversized closets. As a resident, you’ll enjoy 24-hour emergency maintenance, a resort-inspired pool and playground area. Chapel Ridge of Eldorado is just minutes from area shopping and dining such as Mellor Mall, Applebee’s and El Chico’s and South Arkansas Community College just five miles away. Stop looking and start living today!

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 673 $540
2 Bedroom (2/2) 912 $640
3 Bedroom (3/2) 1083 $740

BROOKSTONE PARK OF EL DORADO Details

  • 64 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Clubhouse
  • Pool
  • 24hr Emergency Maintenance
  • State of the Art On-site Clothes Care Center

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

El Dorado Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in El Dorado but actual income limits may differ for units at BROOKSTONE PARK OF EL DORADO.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $20,200 $23,050 $25,950 $28,800 $31,150 $33,450 $35,750 $38,050
Low Income (60%) $24,240 $27,660 $31,140 $34,560 $37,380 $40,140 $42,900 $45,660