Featherstone Apartments is managed by Seldin Company.
Featherstone Apartments in Council Bluffs, Iowa offer big city convenience set in a charming, quiet residential community. We offer one-bedroom apartment home layouts, and two-, three- and four-bedroom townhome floor plans. Apartments feature fully-equipped kitchens and wood-look flooring. Our prime location right outside of Omaha and seamless freeway access makes your commute effortless. Stop by Featherstone Apartments, the most welcoming community in Council Bluffs, today!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Income Based |
2 Bedroom (2/1) | - | Income Based |
3 Bedroom (3/1) | - | Income Based |
4 Bedroom (4/1.5) | - | Income Based |
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 Council Bluffs but actual income limits may differ for units at Featherstone Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $21,150 | $24,200 | $27,200 | $30,200 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $35,250 | $40,300 | $45,350 | $50,350 | $54,400 | $58,450 | $62,450 | $66,500 |
80% | $56,400 | $64,450 | $72,500 | $80,550 | $87,000 | $93,450 | $99,900 | $106,350 |
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 Council Bluffs but actual income limits may differ for units at Featherstone Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $35,250 | $40,300 | $45,350 | $50,350 | $54,400 | $58,450 | $62,450 | $66,500 |
Low Income (60%) | $42,300 | $48,360 | $54,420 | $60,420 | $65,280 | $70,140 | $74,940 | $79,800 |
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.
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.
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.