Prairie Rose Senior Apartments

2010 W 4th Avenue, Indianola, Iowa 50125

Contact Prairie Rose Senior Apartments

Prairie Rose is affordable housing for the elderly and disabled. Rent is based on adjusted income. Security Deposits are equal to one month’s rent. Our community offers carpeted one bedroom apartments with mini blinds, range, refrigerator and an intercom system. All utilities are paid. For your convenience we have a laundry room on site. We offer a community room with planned activities. You must be 62 years or older or have a disability and meet income qualifications.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	550	Income Based

Waiting List is Open Now

Last updated on May 15th, 2019

Eligibility for Prairie Rose Senior 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 Indianola but actual income limits may differ for units at Prairie Rose Senior Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$21,950	$25,050	$28,200	$31,300	$35,140	$40,280	$45,420	$50,560
50%	$36,550	$41,750	$46,950	$52,150	$56,350	$60,500	$64,700	$68,850
80%	$58,450	$66,800	$75,150	$83,450	$90,150	$96,850	$103,500	$110,200

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 Indianola but actual income limits may differ for units at Prairie Rose Senior Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$36,550	$41,750	$46,950	$52,150	$56,350	$60,500	$64,700	$68,850
Low Income (60%)	$43,860	$50,100	$56,340	$62,580	$67,620	$72,600	$77,640	$82,620

Prairie Rose Senior Apartments Details

81 one bedroom units.
Garden
Water and Sewer utilities included in rent
Electricity utility included in rent
Heat utility included in rent
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Community Room
Gazebo
On-Site Parking
Emergency Pull Cord
Secured Entry

Unit Amenities

Air Conditioning
Garbage Disposal
Carpet
Yard
Refrigerator
Oven and Range
Bathroom Grab Bars
Blinds
Washer and Dryer Included
Electric Range
vinyl tile flooring
Walk-in Shower

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Tuesday	8:00am-5:00pm
Wednesday	8:00am-5:00pm
Thursday	8:00am-5:00pm
Friday	8:00am-5:00pm

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.

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.