Kenmont Apartments

1900 N State St, Newport, Arkansas 72112

Kenmont Apartments Details

  • 42 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

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.

Newport 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 Newport but actual income limits may differ for units at Kenmont 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

Harmony Homes Apartments

1110 N Pecan St
Newport, Arkansas
Call For Rent
1-4 BR
Subsidized

White River Apartments

2900 Marion Dr
Newport, Arkansas
Call For Rent
1-4 BR
Subsidized

Ashton Park Apartments

1719 McLarty Dr
Newport, Arkansas
Subsidized

Ester Park Apartments

2112 Ester Cir
Newport, Arkansas
Subsidized
62+
Accessible
Elderly Supportive Housing