Preston Apartments LIHTC Magnolia, AR
Profile last updated · Data vintage: HUD LIHTC 2024
Preston Apartments is a Low-Income Housing Tax Credit (LIHTC) community in Magnolia, AR with 40 units. Rents are set relative to household income.
40
total units
—
occupancy
—
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 436 Renfroe St, Magnolia, AR 71754 Map → |
| Tax-credit (LI) units | 40 |
| Placed in service | 2015 |
How to apply at Preston Apartments
LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
- Call or visit the management office at 436 Renfroe St, Magnolia; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget.
Other subsidized housing in Magnolia
- Pine Valley Public Housing
- Ridge at Magnolia LIHTCPB Section 8
- Pine Valley PB Section 8
- St Charles Apts LIHTC
- R Weiser I L C PB Section 8
- J.j. Group Living PB Section 8
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Woodland Hills Apartments LIHTCPB Section 8 | Mcneil | 10 km |
| Apple Ridge Apartments LIHTCPB Section 8 | Waldo | 10.2 km |
| Ludwig Low Income Housing LIHTCPB Section 8 | Waldo | 11.2 km |
← All subsidized housing in Magnolia
Frequently asked questions
What kind of subsidy does Preston Apartments have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Preston Apartments?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Preston Apartments?
Contact the management office at 436 Renfroe St in Magnolia. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.