Cedar River Renewal

106 East 3rd Street, Waterloo, Iowa 50703

Contact Cedar River Renewal

Enjoy quality, affordable senior living at Cedar River Renewal Apartments in Waterloo, Iowa. Cedar River Renewal is a community for seniors 62 and older and mobility impaired individuals, with income based affordable rent. Nestled in a welcoming neighborhood overlooking the gorgeous Cedar River, their charming homes provide enriching amenities and a vibrant atmosphere within walking distance to downtown Waterloo. Residents of their community enjoy planned social events, laundry service on each floor, and a maintenance-free lifestyle with all utilities paid. For active senior living with unbeatable benefits, join Cedar River Renewal today!

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

Eligibility for Cedar River Renewal

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 Waterloo but actual income limits may differ for units at Cedar River Renewal.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$18,450	$21,100	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$30,750	$35,150	$39,550	$43,900	$47,450	$50,950	$54,450	$57,950
80%	$49,150	$56,200	$63,200	$70,200	$75,850	$81,450	$87,050	$92,700

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 Waterloo but actual income limits may differ for units at Cedar River Renewal.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$30,750	$35,150	$39,550	$43,900	$47,450	$50,950	$54,450	$57,950

Cedar River Renewal Details

85 one bedroom units.
Section 202 Supportive Housing for the Elderly
Section 221 (d) (3)

Property Amenities

Controlled Access
Community Room
Business Center
Online Payments Accepted
Laundry Room(s)
Wireless Internet Access
Courtyard
Wheel Chair Accessible

Unit Amenities

Utilities Included
Window Coverings
Fully Equipped Kitchen

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.