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Cedar Crest

910 13th St, Charles City, Iowa 50616

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Call (641) 228-7679

Cedar Crest is managed by Keyway Management.

Eligibility Requirement: 62 years of age or older, handicapped/disabled, regardless of age. Cedar Crest offers numerous amenities to its residents including central air, on-site beauty salon, library, emergency call light system, and indoor mailboxes. Apartments have both interior and exterior access to units. Exterior features include an outdoor picnic area with gazebo. Cedar Crest is conveniently located less than a mile from shopping, groceries, dining, and gas stations.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price

Cedar Crest Details

  • 24 one bedroom units.
  • Section 515 Rural Rental Housing
  • HOME Investment Partnerships Program
  • Section 521 USDA Rental Assistance
Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.