Memorial Meadows
1030 Memorial Dr SE, Cedar Rapids, Iowa 52403
Contact Memorial Meadows
Memorial Meadows is managed by CommonBond Communities.
Eligibility for Memorial Meadows
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 Cedar Rapids but actual income limits may differ for units at Memorial Meadows.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $19,900 | $22,750 | $25,600 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% | $33,150 | $37,850 | $42,600 | $47,300 | $51,100 | $54,900 | $58,700 | $62,450 |
| 80% | $53,000 | $60,600 | $68,150 | $75,700 | $81,800 | $87,850 | $93,900 | $99,950 |
Memorial Meadows Details
- 66 bedroom units.
- Low Rise
- Section 8 Project-Based Rental Assistance (PBRA)
- Section 221 (d) (3)
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.
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