Legacy Manor of Waterloo

1050 Flammang Dr, Waterloo, Iowa 50702

Contact Legacy Manor of Waterloo

Legacy Manor of Waterloo rents 30-1 bedroom and 30-2 bedroom apartment homes for seniors living independently. This community offers upscale, affordable living for seniors 55+, and has been serving the senior community since 2012. This community is conveniently located within a half mile of a variety of restaurants and retail. It is also within a quarter mile of the Metropolitan Transit Authority bus route allowing our residents the opportunity to be independent with travel.

Eligibility for Legacy Manor of Waterloo

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 Legacy Manor of Waterloo.

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
Low Income (60%)	$36,900	$42,180	$47,460	$52,680	$56,940	$61,140	$65,340	$69,540

Legacy Manor of Waterloo Details

60 bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Nearby Amenities

Near Bus Line
Near Restaurants

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.