Cypress Groves Homes of Warren

2 Cypress Grove St., Warren, Arkansas 71671

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Cypress Groves Homes of Warren is managed by PK Management, LLC.

Cypress Grove Homes of Warren are an affordable community offering 37 units of housing. For more information, please contact their management office.

Cypress Groves Homes of Warren Details

  • 37 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.

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