The Iowana is managed by T&L Properties LLC.
The Iowana is a spacious community with beautiful one- and two-bedroom apartments available for rent in Creston, IA . The property is perfectly placed just a block from Fareway Grocery. Residents enjoy entertainment at nearby establishments, including bowling at Panther Lanes and recently released movies at the Strand Theater.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 BR (1/1) | 690 | Income Based |
2 BR (2/1) | 1071 | Income Based |
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.
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.