At Metropolitan Village and Cumberland Manor Apartments, you will love the one (1), two (2) and three (3) bedroom apartment homes and two (2) and three (3) bedroom townhomes with washers and dryers in every home, spacious closets, ceiling fans and patios for the best in secluded city living. This community features a playground, business center to write that term paper, and a fitness center with free weights to keep healthy for your own private retreat. Conveniently located with access to Interstate 30, the Fairgrounds, Barton Coliseum, University of Arkansas Little Rock and Philander Smith College, and Downtown Little Rock, Metropolitan Village and Cumberland Manor Apartments is the ideal address for convenient access to the area’s finest restaurants, entertainment and shopping. It's Not Just An Apartment...It's Your Home.
|One Bedroom Garden (1/1)||750||Call for Price|
|Two Bedroom Garden (2/1.5)||965||From $708 To $879|
|Two Bedroom Townhouse (2/1.5)||970||Call for Price|
|Three Bedroom Garden (3/2)||1200||Call for Price|
|Three Bedroom Townhouse (3/2)||1350||Call for Price|
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.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
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 Little Rock but actual income limits may differ for units at Metropolitan Village and Cumberland Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$27,550||$31,500||$35,450||$39,350||$42,500||$45,650||$48,800||$51,950|
|Low Income (60%)||$33,060||$37,800||$42,540||$47,220||$51,000||$54,780||$58,560||$62,340|
Metropolitan Village and Cumberland Apartments is managed by McCormack Baron Management.