The Roosevelt Apartments

200 1st Ave NE, Cedar Rapids, Iowa 52401

Contact The Roosevelt Apartments

A variety of resident amenities are offered at The Roosevelt including community club room for parties and gatherings, 24-hour fitness center so you don’t need to buy a gym membership, convenient laundry facilities on-site, controlled access entry, 24-hour emergency maintenance, and our professional and caring on-site management team. Each residence features spacious layouts, unique floor plans, large windows, lighted ceiling fans in the master bedroom, plenty of cabinet space within your maple cabinets, carpeting and vinyl plank flooring (the beauty of wood without the work), white appliances, dishwashers in select units, individually-controlled central heating and cooling, and your cat is welcome. Your heat, A/C, water, sewer, and trash removal are included in your rent.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	401	From $645
1 Bedroom (1/1)	670	From $715 $804
2 Bedroom \| 1 Bathroom (2/1)	844	From $801 To $857
2 Bedroom (2/2)	866	From $841 $968

Eligibility for The Roosevelt Apartments

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 Cedar Rapids but actual income limits may differ for units at The Roosevelt Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$33,150	$37,850	$42,600	$47,300
Low Income (60%)	$39,780	$45,420	$51,120	$56,760

The Roosevelt Apartments Details

96 studio, one and two bedroom units.
Water and Sewer utilities included in rent
Electricity utility included in rent
Heat utility included in rent
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Controlled Access
Elevator
Fitness Center
Business Center
Clubhouse
On-Site Manager
24hr Emergency Maintenance
Laundry Facilities
Historic Renovation
Smoke Free

Unit Amenities

Air Conditioning
Ceiling Fan(s)
Dishwasher
Microwave
9 ft. Ceilings
Carpet
Scenic View
Sewer Included
Water Included

Nearby Amenities

Near Bus Line

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.