Arkansas

Tax credit apartments in Conway, AR

HUD's database lists 13 properties in Conway built or rehabbed with low-income housing tax credits: 727 apartments, 596 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Cottages At Conway

1915 Richsmith Ln, Conway, AR 72032

1 studio, 16 1BR, 34 2BR

Apartments
51
Income-restricted
50
Placed in service
2015

Cottages At Conway Phase II

1905 Richsmith Lane, Conway, AR 72032

14 1BR, 26 2BR

Apartments
40
Income-restricted
40
Placed in service
2017

East Oakwood Apartments

1651 Hairston Ave, Conway, AR 72032

44 1BR, 6 2BR

Apartments
50
Income-restricted
50
Placed in service
1999

East Oakwood Place

1651 Hairston St, Conway, AR 72032

44 1BR, 6 2BR

Apartments
50
Income-restricted
50
Placed in service
1999

Hamlet At Conway

3815 Donnell Ridge Road, Conway, AR 72034

12 1BR, 72 2BR, 24 3BR

Apartments
108
Income-restricted
108
Placed in service
2021

Hometowne At Conway Aka Gardens At Conway Com

1750 Village Commons Dr, Conway, AR 72032

4 studio, 26 1BR, 76 2BR

Apartments
102
Income-restricted
51
Placed in service
2007

Hometowne II

1700 Village Cmns, Conway, AR 72032

Apartments
40
Income-restricted
n/a
Placed in service
1999

Old Conway Village

1440 Sutton Street, Conway, AR 72032

44 3BR

Apartments
44
Income-restricted
35
Placed in service
2019

Park Ridge At Conway

1930 Rich Smith Ln, Conway, AR 72032

8 1BR, 16 2BR, 24 3BR

Apartments
48
Income-restricted
38
Placed in service
2006

Park Ridge At Conway Phase III

2015 Rich Smith Ln, Conway, AR 72032

7 1BR, 17 2BR, 24 3BR

Apartments
48
Income-restricted
38
Placed in service
2010

Stone Ridge At Conway II Fka Park Ridge Phase

1960 Richsmith Ln, Conway, AR 72032

7 1BR, 17 2BR, 24 3BR

Apartments
48
Income-restricted
38
Placed in service
2010

Stone Ridge At Conway Phase I

1985 Rich Smith Ln, Conway, AR 72032

6 1BR, 18 2BR, 24 3BR

Apartments
48
Income-restricted
48
Placed in service
2009

Village Of Seven Mornings Fka Conway Senior C

1400 Harkrider St, Conway, AR 72034

2 studio, 46 1BR, 3 2BR, 19 3BR, 8 4BR

Apartments
50
Income-restricted
50
Placed in service
1999

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.