301 Robinwood Ln, Mcgehee, AR 71654
Waiting List Forecast: Likely Short or None
Verified for 2020 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 1 - 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.
Occupancy & Requirements
2 and 3 Bedroom Apartments
One pet allowed within policy requirements. (pet fee required)
Rent, Deposits, & Lease
Rental Assistance is available to qualified individuals through McGehee Housing Authority.
Rent includes maintenance and lawn care.
$300 Security Deposit is required
All units are non-smoking
Lease term is one (1) year
Amenities
Gas Range and Over the Range Microwave, Refrigerator,
Dishwasher, Washer and Dryer, Ceiling Fans, Vinyl Plank Floors, Central HVAC, On-site Storage Units, Community Room with Exercise Equipment & Computer with Internet Access
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 Valley Apartments of McGehee 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 |
|---|---|---|
| Two Bedroom One Bath (2/1) | - | Call for Price† |
| Three Bedroom Two Bath (3/2) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $22,200 / year | $25,400 / year | $28,550 / year | $31,700 / year | $34,250 / year | $36,800 / year |
| 50% AMI for PBRA Units | $22,200 / year | $25,400 / year | $28,550 / year | $31,700 / year | $34,250 / year | $36,800 / year |
| 60% AMI for LIHTC Units | $26,640 / year | $30,480 / year | $34,260 / year | $38,040 / year | $41,100 / year | $44,160 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Valley Apartments of McGehee have a waiting list?
Valley Apartments of McGehee 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 Valley Apartments of McGehee?
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 Valley Apartments of McGehee?
Valley Apartments of McGehee is managed by Professional Property Management, LLC headquartered in Rockford, Illinois.
In addition to Valley Apartments of McGehee, how many other affordable housing properties (and units) are there in Mcgehee?
In addition to Valley Apartments of McGehee, we list 8 other affordable properties in Mcgehee. Learn about these properties here. Our data research shows that there are a total of 209 affordable units in Mcgehee.
300 Ashley St, Mcgehee, Arkansas 71654
417 Valley Cove, Mcgehee, Arkansas 71654
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