GardenWalk on Elfen Glen Apartments I

1608 Elfen Glen, Van Buren, Arkansas 72956

GardenWalk on Elfen Glen Apartments is a wonderful community conveniently located in Van Buren, Arkansas. We are close to shopping, banks and the post office. Our 1, 2 and 3 bedroom apartments are equipped with central heat and air, extra storage and more. Income restrictions apply and section 8 welcome. Call for more information.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 616 Call for Price
Two Bedroom (2/1) 760 Call for Price
Three Bedroom (3/1) 978 Call for Price

GardenWalk on Elfen Glen Apartments I Details

  • 160 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing

Property Amenities

  • Playground
  • 24hr Emergency Maintenance

Unit Amenities

  • Garbage Disposal
  • Storage

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.

Van Buren 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 Van Buren but actual income limits may differ for units at GardenWalk on Elfen Glen Apartments I.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $19,050 $21,750 $24,450 $27,150 $29,350 $31,500 $33,700 $35,850
Low Income (60%) $22,860 $26,100 $29,340 $32,580 $35,220 $37,800 $40,440 $43,020

GardenWalk on Elfen Glen Apartments I is managed by Belmont Management Company.

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