About This Property
Ironwood Villa Del Mar offers 50 low-income units in Mongmong, Guam, with a mix of 25 three-bedroom and 25 four-bedroom apartments. The property, placed in service in 2019, is financed through 9% Low-Income Housing Tax Credits and is owned and operated by a non-profit organization. This development provides affordable rental housing options for low-income households in Guam County.
Property Details
Fair Market Rent - Guam County, GU
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,206 |
| 1 Bedroom | $1,326 |
| 2 Bedroom | $1,742 |
| 3 Bedroom | $2,455 |
| 4 Bedroom | $2,956 |
Income Limits - Guam County, GU
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,350
- Very Low (50%)
- $23,900
- Low (80%)
- $38,200
- Extremely Low (30%)
- $16,400
- Very Low (50%)
- $27,300
- Low (80%)
- $43,650
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,700
- Low (80%)
- $49,100
- Extremely Low (30%)
- $20,450
- Very Low (50%)
- $34,100
- Low (80%)
- $54,550
- Extremely Low (30%)
- $22,100
- Very Low (50%)
- $36,850
- Low (80%)
- $58,950
- Extremely Low (30%)
- $23,750
- Very Low (50%)
- $39,600
- Low (80%)
- $63,300
- Extremely Low (30%)
- $25,400
- Very Low (50%)
- $42,300
- Low (80%)
- $67,650
- Extremely Low (30%)
- $27,000
- Very Low (50%)
- $45,050
- Low (80%)
- $72,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,350 | $23,900 | $38,200 |
| 2 Persons | $16,400 | $27,300 | $43,650 |
| 3 Persons | $18,450 | $30,700 | $49,100 |
| 4 Persons | $20,450 | $34,100 | $54,550 |
| 5 Persons | $22,100 | $36,850 | $58,950 |
| 6 Persons | $23,750 | $39,600 | $63,300 |
| 7 Persons | $25,400 | $42,300 | $67,650 |
| 8 Persons | $27,000 | $45,050 | $72,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mongmong, GU?+
The Fair Market Rent (FMR) for Guam County, GU is: $1206 (Studio), $1326 (1BR), $1742 (2BR), $2455 (3BR), $2956 (4BR). Actual rent at subsidized properties like Ironwood Villa Del Mar is typically 30% of household income or less.
What size apartments are available at Ironwood Villa Del Mar?+
Ironwood Villa Del Mar offers the following unit types: 25 Three-Bedroom, 25 Four-Bedroom units, for a total of 50 units.
How do I apply for housing at Ironwood Villa Del Mar?+
Ironwood Villa Del Mar is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Ironwood Villa Del Mar?+
Ironwood Villa Del Mar is managed by . You can reach them at .
What are the income limits for affordable housing in Guam County, GU?+
For a 4-person household in Guam County, GU, the income limits are: Extremely Low Income (30% AMI): $20,450, Very Low Income (50% AMI): $34,100, Low Income (80% AMI): $54,550. These limits are set by HUD and updated annually.
What is the price range for apartments in Mongmong, GU?+
Based on Fair Market Rent for Guam County, the estimated price range is: 3-bedroom: $2455. Actual rent at Ironwood Villa Del Mar may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
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