Stuttgart Apartments

202 E RichSmith Drive, Stuttgart, Arkansas 72160

Valley Estates of Stuttgart offers a convenient lifestyle with rich amenities in an exceptional location. Unwind in one of their beautiful and spacious one, two or three-bedroom floor plans suited for your lifestyle.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 758 Call for Price
Two Bedroom (2/2) 1020 Call for Price
Three Bedroom (3/2) 1153 Call for Price

Stuttgart Apartments Details

  • 56 one, two and three bedroom units.
  • Section 8 Project-Based Rental Assistance
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Energy Star Appliances

Unit Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Microwave
  • Walk-in Closet(s)
  • Refrigerator
  • Extra Storage
  • Central Heat & Air
  • Cable & Internet Ready
  • Electric Range
  • Private Patio/Balcony
  • Full-Size Washer & Dryer Connections
  • Frost-Free Refrigerator
  • Custom Blinds

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.

Stuttgart HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Stuttgart but actual income limits may differ for units at Stuttgart Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $12,880 $17,420 $21,960 $26,500 $29,400 $31,600 $33,750 $35,950
50% $19,050 $21,800 $24,500 $27,200 $29,400 $31,600 $33,750 $35,950
80% $30,450 $34,800 $39,150 $43,500 $47,000 $50,500 $53,950 $57,450

Stuttgart Apartments is managed by RichSmith Management.

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Image of Stuttgart Apartments