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
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
|Two Bedroom One Bath (2/1)||-||Call for Price|
|Three Bedroom Two Bath (3/2)||-||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.
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 Mcgehee but actual income limits may differ for units at Valley Apartments of McGehee.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$21,100||$24,100||$27,100||$30,100||$32,550||$34,950||$37,350||$39,750|
|Low Income (60%)||$25,320||$28,920||$32,520||$36,120||$39,060||$41,940||$44,820||$47,700|
Valley Apartments of McGehee is managed by Professional Property Management, LLC.