Lamar Apartments

299 N Cumberland St, Lamar, Arkansas 72846

Lamar Apartments offer 1 and 2 bedroom family units. The property features include: Central Heat/Air, Fire Stops, Laundry Room, On-Site Manager, Parking, Range/Hood, Refrigerator, and Single Story.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price

Lamar Apartments Details

  • 18 one and two bedroom units.
  • Section 521 USDA Rental Assistance
  • Section 515 Rural Rental Housing

Property Amenities

  • On-Site Manager
  • Laundry Room
  • On-Site Parking

Unit Amenities

  • Refrigerator
  • Central Heat & Air

Office Hours

Day Hours
Monday 8:00am-4:30pm
Tuesday 8:00am-4:30pm
Wednesday 8:00am-4:30pm
Thursday 8:00am-4:30pm
Friday 8:00am-4:30pm

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Lamar 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 Lamar but actual income limits may differ for units at Lamar Apartments.

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

Lamar 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 Lamar but actual income limits may differ for units at Lamar Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $18,950 $21,650 $24,350 $27,050 $29,250 $31,400 $33,550 $35,750
Low Income (60%) $22,740 $25,980 $29,220 $32,460 $35,100 $37,680 $40,260 $42,900

Lamar Apartments is managed by MACO Management Company.

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