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 Iowa but actual income limits may differ for units at 605 N Park Dr.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $16,100 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,500 |
50% | $26,800 | $30,600 | $34,450 | $38,250 | $41,350 | $44,400 | $47,450 | $50,500 |
80% | $42,850 | $49,000 | $55,100 | $61,200 | $66,100 | $71,000 | $75,900 | $80,800 |
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.