Arkansas

Tax credit apartments in Siloam Springs, AR

HUD's database lists 9 properties in Siloam Springs built or rehabbed with low-income housing tax credits: 472 apartments, 470 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 Listings come from HUD's database and may be out of date.

Dogwood Terrace

1201 S Holly St., Siloam Springs, AR 72761

32 1BR, 52 2BR, 28 3BR

Apartments
112
Income-restricted
112
Placed in service
n/a

Heritage Heights Cottages

1225 W Tulsa, Siloam Springs, AR 72761

72 1BR, 13 2BR

Apartments
85
Income-restricted
85
Placed in service
1997

Heritage Heights Lodge

1255 W Tulsa St, Siloam Springs, AR 72761

40 studio

Apartments
40
Income-restricted
40
Placed in service
1997

Kenwood Village Apartments

2425 E Kenwood, Siloam Springs, AR 72716

4 2BR, 12 3BR, 4 4BR

Apartments
20
Income-restricted
20
Placed in service
1997

Kenwood Village Apts Phase I

2425 E Kenwood St, Siloam Springs, AR 72761

4 2BR, 12 3BR, 4 4BR

Apartments
20
Income-restricted
20
Placed in service
1997

Kenwood Village II Apartments

2503 E Kenwood, Siloam Springs, AR 72761

25 2BR

Apartments
25
Income-restricted
24
Placed in service
2002

Sager Creek Crossing

801 E Lake Francis Drive, Siloam Springs, AR 72761

HUD lists it as senior housing · 30 1BR, 30 2BR

Apartments
60
Income-restricted
60
Placed in service
n/a

Stoneridge Duplexes II Of Siloam Springs

824a Travertine Street, Siloam Springs, AR 72761

50 4BR

Apartments
50
Income-restricted
50
Placed in service
2021

Stoneridge Duplexes Of Siloam Springs

824a Travertine Street, Siloam Springs, AR 72761

60 4BR

Apartments
60
Income-restricted
59
Placed in service
2020

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.