Louden Lofts

607 Broadway Ave., Fairfield, Iowa 52556

This historic property was once known as Louden Machinery and as the Broadway Building, originally built in 1892, has been brought back to life with an amazing transformation!  Completely renovated building! Opening Mid July! Many apartments to choose from! Studios, One Bedroom, Two Bedroom, and Three Bedroom apartments ranging in size from 450 sq. ft. to 1220 sq. ft., with prices to fit anyone’s budget. Property pays the water, sewer, and the trash! You only pay the gas and electric. Student and income restrictions apply on select units.

Modern, open floor plan. Apartments come equipped with a stove, refrigerator, dishwasher, microwave, as well as a washer and dryer. Central heating and central air. Carpeting throughout. Large windows with blinds provided. Stunning cabinets and finishes. This is a non-smoking, no pet building. It features off street parking. There is a community room and media center. Additional storage space for every apartment. Internet (5mbps) provided! Be one of the first to call this your new home!

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price

Eligibility for Louden Lofts

Louden Lofts Details

  • 44 studio, one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Community Room
  • Off-Street Parking
  • Community Media Center
  • Smoke Free

Unit Amenities

  • Carpet
  • Extra Storage
  • Water Trash and Sewer Included
  • Central Heat & Air
  • Fully Equipped Kitchen
  • Washer and Dryer Included
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.

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