About This Property
Riverbend Jasper Villas comprises 24 low-income residential units in Jasper, Arkansas, with a unit mix of 25 two-bedroom and 5 three-bedroom apartments. The property has been in service since 2009 and serves Newton County residents.
Property Details
Fair Market Rent - Newton County, AR
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $604 |
| 1 Bedroom | $725 |
| 2 Bedroom | $814 |
| 3 Bedroom | $984 |
| 4 Bedroom | $1,381 |
Income Limits - Newton County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,950
- Low (80%)
- $30,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,650
- Low (80%)
- $34,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,350
- Low (80%)
- $39,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,050
- Low (80%)
- $43,300
- Extremely Low (30%)
- $29,250
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,400
- Very Low (50%)
- $31,400
- Low (80%)
- $50,250
- Extremely Low (30%)
- $33,550
- Very Low (50%)
- $33,550
- Low (80%)
- $53,700
- Extremely Low (30%)
- $35,750
- Very Low (50%)
- $35,750
- Low (80%)
- $57,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,950 | $30,350 |
| 2 Persons | $17,420 | $21,650 | $34,650 |
| 3 Persons | $21,960 | $24,350 | $39,000 |
| 4 Persons | $26,500 | $27,050 | $43,300 |
| 5 Persons | $29,250 | $29,250 | $46,800 |
| 6 Persons | $31,400 | $31,400 | $50,250 |
| 7 Persons | $33,550 | $33,550 | $53,700 |
| 8 Persons | $35,750 | $35,750 | $57,200 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Jasper, AR?+
The Fair Market Rent (FMR) for Newton County, AR is: $604 (Studio), $725 (1BR), $814 (2BR), $984 (3BR), $1381 (4BR). Actual rent at subsidized properties like Riverbend Jasper Villas is typically 30% of household income or less.
What size apartments are available at Riverbend Jasper Villas?+
Riverbend Jasper Villas offers the following unit types: 25 Two-Bedroom, 5 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at Riverbend Jasper Villas?+
Riverbend Jasper Villas is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Jasper, AR?+
Based on Fair Market Rent for Newton County, the estimated price range is: 2-bedroom: $814, 3-bedroom: $984. Actual rent at Riverbend Jasper Villas may be lower for income-eligible households.
Who manages Riverbend Jasper Villas?+
Riverbend Jasper Villas is managed by . You can reach them at .
What are the income limits for affordable housing in Newton County, AR?+
For a 4-person household in Newton County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,050, Low Income (80% AMI): $43,300. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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