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Orchards at Mablelvale

8 Rich Smith Ln, Shannon Hills, Arkansas 72103

The Orchards at Mabelvale is a gated apartment community for those 55 and over. Senior apartment homes feature amazing amenities in a friendly, community atmosphere. Located in the heart of Central Arkansas, just minutes outside Little Rock. The homes feature attractive and spacious one and two-bedroom apartment floor plans suited for your lifestyle.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 777 Call for Price
2 Bedroom (2/2) 1113 Call for Price

Eligibility for Orchards at Mablelvale

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 Shannon Hills but actual income limits may differ for units at Orchards at Mablelvale.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $29,050 $33,200 $37,350 $41,500 $44,850 $48,150 $51,500 $54,800
Low Income (60%) $34,860 $39,840 $44,820 $49,800 $53,820 $57,780 $61,800 $65,760

Orchards at Mablelvale Details

  • 51 one and two 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.