Linden Place - Newton

1105 East 12th Street South, Newton, Iowa 50208

Contact Linden Place - Newton

Linden Place offers apartments in Newton, Iowa to residents age 55 years and older, as well as persons with mobility impairments. Their 1-bedroom apartment homes are available to residents from all walks of life, even those who qualify to not pay more than 30 percent of their annual income for rent and utilities--- with the exception of telephone, cable TV, and Internet. In addition to well-designed apartments, residents will enjoy a large meeting room for gatherings, a craft room, a library, and a beauty shop.

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

Eligibility for Linden Place - Newton

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 Newton but actual income limits may differ for units at Linden Place - Newton.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$17,550	$20,050	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$29,250	$33,400	$37,600	$41,750	$45,100	$48,450	$51,800	$55,150
80%	$46,800	$53,450	$60,150	$66,800	$72,150	$77,500	$82,850	$88,200

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 Newton but actual income limits may differ for units at Linden Place - Newton.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$29,250	$33,400	$37,600	$41,750	$45,100	$48,450	$51,800	$55,150

Linden Place - Newton Details

80 one bedroom units.
Section 202 Supportive Housing for the Elderly
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Controlled Access
Elevator
Library
Online Payments Accepted
Barber Shop and Beauty Salon
Laundry Facilities
Personal 24-hour emergency call system

Unit Amenities

Bathroom Grab Bars

Nearby Amenities

Near Shopping

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

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.