100 Highrise Cir, Hot Springs, AR 71901
Waiting List Forecast: Likely Short or None
Verified for 2023 by Ric Gresia, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
Mountain View Heights offers affordable apartments to both families and seniors (55 years and older). Families residing in our attractive 1, 2, 3 and 4 bedroom apartments and town homes, in the Mountain View Heights Gardens, enjoy a variety of great community amenities and resident services. Residents 55 years and older can enjoy newly renovated studio apartments in the Mountain View Heights Tower.
Located at 100 High Rise Circle and 800 Spring Street, the community is comprised of 120 efficiency and one-bedroom homes in an 11-story high rise as well as 245 one, two, three and four-bedroom units. Mountain View Heights is spread across 31 acres and multiple locations on the East Side of Hot Springs.
Because Mountain View Heights participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $14,580 / year | $19,720 / year | $24,860 / year | $30,000 / year | $34,600 / year | $37,150 / year | $39,700 / year | $42,250 / year |
| 50% AMI for LIHTC Units | $22,400 / year | $25,600 / year | $28,800 / year | $32,000 / year | $34,600 / year | $37,150 / year | $39,700 / year | $42,250 / year |
| 50% AMI for PBRA Units | $22,400 / year | $25,600 / year | $28,800 / year | $32,000 / year | $34,600 / year | $37,150 / year | $39,700 / year | $42,250 / year |
| 60% AMI for LIHTC Units | $26,880 / year | $30,720 / year | $34,560 / year | $38,400 / year | $41,520 / year | $44,580 / year | $47,640 / year | $50,700 / year |
| 80% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Mountain View Heights have a waiting list?
Mountain View Heights 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 Mountain View Heights?
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 Mountain View Heights?
Mountain View Heights is managed by Allied Orion Group headquartered in Houton, TX.
In addition to Mountain View Heights, how many other affordable housing properties (and units) are there in Hot Springs?
In addition to Mountain View Heights, we list 32 other affordable properties in Hot Springs. Learn about these properties here. Our data research shows that there are a total of 1313 affordable units in Hot Springs.
When was the Mountain View Heights listing last updated?
Mountain View Heights listing on Affordable Housing Online was last updated on 01/01/2023 by Ric Gresia. Remember, a property's status can change so you should contact the property to confirm.
345 Chaucer St, Hot Springs, Arkansas 71901
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