Arkansas

Tax credit apartments in Fort Smith, AR

HUD's database lists 11 properties in Fort Smith built or rehabbed with low-income housing tax credits: 614 apartments, 527 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 Listings come from HUD's database and may be out of date.

Briarwood Apartments

3400 Duke Ave, Fort Smith, AR 72903

16 1BR, 64 2BR, 46 3BR, 2 4BR

Apartments
128
Income-restricted
128
Placed in service
2003

Clayton Heights

5023 Williams Ln, Fort Smith, AR 72904

52 3BR, 5 4BR

Apartments
57
Income-restricted
35
Placed in service
2013

Electric Park

3816 North 43rd Street, Fort Smith, AR 72904

8 1BR, 32 2BR, 16 3BR

Apartments
56
Income-restricted
56
Placed in service
n/a

North Pointe

3300 N 6th St, Fort Smith, AR 72904

1 studio, 11 2BR, 35 3BR, 4 4BR

Apartments
50
Income-restricted
40
Placed in service
2007

North Pointe II

3300 N 6th St, Fort Smith, AR 72904

10 2BR, 52 3BR, 3 4BR

Apartments
65
Income-restricted
43
Placed in service
2010

Ridge At Fort Smith

4200 N 6th St, Fort Smith, AR 72902

1 studio, 11 1BR, 17 2BR, 27 3BR

Apartments
56
Income-restricted
44
Placed in service
2006

Rock Creek Apartments Of Fort Smith

3020 N 50thst, Fort Smith, AR 72904

1 studio, 7 1BR, 16 2BR, 24 3BR

Apartments
56
Income-restricted
45
Placed in service
2008

Stonebrook Park Homes Of Fort Smith

3433 North St, Fort Smith, AR 72901

34 3BR, 2 4BR

Apartments
37
Income-restricted
36
Placed in service
2012

Stoneridge Of Fort Smith

8218 Mallory Lane, Fort Smith, AR 72916

24 3BR, 27 4BR

Apartments
51
Income-restricted
50
Placed in service
2022

Walnut Park Estates

4101 Walnut Park Dr, Fort Smith, AR 72901

33 3BR

Apartments
33
Income-restricted
25
Placed in service
2006

Walnut Park Estates II

4101 Walnut Park Dr, Fort Smith, AR 72904

25 3BR

Apartments
25
Income-restricted
25
Placed in service
2012

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.