Affordable housing for the elderly and disabled. Rent is based on 30% of the households annual gross income.
Maplepark Apartments offers Affordable 1 bedroom apartments to households that are 62 and older or qualify as a disabled adult. All households must meet screening criteria and qualify under the HUD section 8 income limits.
If you would like to apply, please pick up an application from the management office or call to schedule an appointment.
Maple Park Apartments are currently accepting applications
Last updated on September 2nd, 2020Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Algona but actual income limits may differ for units at Maple Park Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $17,550 | $20,050 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $29,250 | $33,400 | $37,600 | $41,750 | $45,100 | $48,450 | $51,800 | $55,150 |
80% | $46,800 | $53,450 | $60,150 | $66,800 | $72,150 | $77,500 | $82,850 | $88,200 |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.