Scott Meadows is managed by Seldin Company.
Exceptional senior apartments are what you will find at Scott Meadows, a community of apartments in Marion, Iowa. Our 55+ active senior community is filled to the brim with spacious, one-bedroom floor plans and sought-after amenities. Meet up with neighbors at our courtyard with picnic areas or hit the gym in our fitness center. You can also take advantage of our community’s proximity to Highways 13, 151 and 100 and all the shopping, dining and entertainment to be found in the area. The options are endless at Scott Meadows!
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 Marion but actual income limits may differ for units at Scott Meadows.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $33,150 | $37,850 | $42,600 | $47,300 | $51,100 | $54,900 | $58,700 | $62,450 |
Low Income (60%) | $39,780 | $45,420 | $51,120 | $56,760 | $61,320 | $65,880 | $70,440 | $74,940 |
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.