Steamboat Landing Apartments

420 S 4th St, Burlington, Iowa 52601

Contact Steamboat Landing Apartments

Steamboat Landing Apartments offer spacious two and three bedroom apartment homes are thoughtfully designed with your comfort and convenience in mind. In addition to their great floor plans and maintenance-free living, this community has the amenities you want and deserve. For your pleasure, this community features on-site laundry, nicely kept grounds, and 24-hour maintenance.

Enjoy the benefits of community living with the added perks of living minutes away from downtown Burlington. Steamboat Landing is ideally situated to give you easy access to the best of what the area has to offer.

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	825	$676
3 Bedroom (3/2)	1000	$762

Eligibility for Steamboat Landing Apartments

Generally, 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 Burlington but actual income limits may differ for units at Steamboat Landing Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$17,550	$20,050	$24,860	$30,000	$35,140	$40,280
50%	$29,250	$33,400	$37,600	$41,750	$45,100	$48,450
80%	$46,800	$53,450	$60,150	$66,800	$72,150	$77,500

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Burlington but actual income limits may differ for units at Steamboat Landing Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$29,250	$33,400	$37,600	$41,750	$45,100	$48,450

Steamboat Landing Apartments Details

75 two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Fitness Center
Computer Lab
Community Room
Community Garden

Unit Amenities

Patio Deck Or Balcony
Washer and Dryer Included
Heat and Air

Section 8 Project-Based Rental Assistance (PBRA)

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.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.