howeenterprise.com
Page #10
Monday, November 2, 2015
Dispelling rumors about the new apartments in Howe
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There seems to be a rumor that the new Abbington Meadows apartments are section 8 housing, or low-income apartments. The truth is that, of the 64 units, only four are designated as low income and none are section 8. Rather, the tax-credit program that was started by Ronald Reagan in the mid-1980s, filled the need for a housing program for moderate income families, whereas, low-income families already had programs designated in place. In order to get developers to build moderate housing for moderate income families, the government gave dollar for dollar tax breaks on whatever was spent to build the apartment complex, which most cost 12 million. In turn, 12 million in tax breaks are available for the developers.
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These tax credit properties have to compete at the state level based upon offerings such as playgrounds, and amenities. Howe was chosen
because of the location due to no other locations nearby. The apartments have a tier of 30, 50 and 60 percent level of median income. "30 percent represents the low income and I only have four that I can help." says apartments representative Charlene Newell. "There rents are low. Their rents are $275, $326 and $382. Those are very low and they are gone already."" With four units available to the 30 percent and nine units available to the 50 percent, and 26 of them available for 60 percent, that leaves 25 market rate apartments that will rent at $725, $850, $899 and $999 per month. The 50 percent rates per month are $508, $605, and $705. The 60 percent rates per month are $625, $745, and $847.
Emily Dawsey selected for Harding Band Emily Dawsey of Howe has been selected for the 2015-16 Harding University Thundering Herd marching band. Dawsey performs at all home football games and selected fall exhibitions and parades.
assistant professor of music.
Harding is the largest private university in Arkansas and has been ranked by U.S. News & World Report for 22 consecutive years as a top 25 school in the South. Harding also maintains The band consists of instrumentalists including study abroad programs in Australia, Chile, woodwind players, brass players and England, France, Greece, Italy and Zambia. For percussionists from all majors. The marching more information visit www.harding.edu. band is directed by Dr. Wesley Parker,
