Keystone Apartments

777 Highway 201 N, Mountain Home, Arkansas 72653

Keystone Apartments Details

  • 45 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing

Low-Income Housing Tax Credit (LIHTC)

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.

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.

Mountain Home 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 Mountain Home but actual income limits may differ for units at Keystone 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

Nearby Low Income Apartment Communities

Valley Estates of Mountain Home

705 Rich Smith Dr
Mountain Home, Arkansas
Call For Rent
1-3 BR

Twin River Community Living Facility

201 Dodd St
Mountain Home, Arkansas
Subsidized
Accessible
Disabled Supportive Housing

Basic Independence Apartments

1635 Leo Davis Dr
Mountain Home, Arkansas
Subsidized
Accessible
Disabled Supportive Housing

Park West Village

810 Embassy Pkwy
Mountain Home, Arkansas