Somerset Apartments

400 Minnesota St, Holstein, Iowa 51025

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Eligibility for Somerset Apartments

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 Holstein but actual income limits may differ for units at Somerset Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,150 $20,750 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% $30,250 $34,550 $38,850 $43,150 $46,650 $50,100 $53,550 $57,000
80% $48,350 $55,250 $62,150 $69,050 $74,600 $80,100 $85,650 $91,150

Somerset Apartments Details

  • 24 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)
Section 8 Project-Based Rental Assistance (PBRA)

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.