Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Thunder Ridge Senior Apts

212 N Magnolia Dr, Cedar Falls, IA, 50613

Information verified April 17, 2026·We re-check waiting list status daily

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About This Property

Thunder Ridge Senior Apts offers 42 units in Cedar Falls, Iowa. The property serves senior residents and is situated in Black Hawk County. This affordable housing community has been in service since 1988.

Waitlist Information

Waitlist managed by Cedar Falls Housing Commission

Public Housing Waitlist
Closed

No specific current information found regarding the Public Housing waiting list status for Cedar Falls Housing Commission, however, Waitlistcheck.com indicates no open waiting lists at this time for the City of Cedar Falls.

Last verified March 2, 2026
Section 8 (HCV) Waitlist
Closed

The waiting list for the Housing Choice Voucher Program is currently closed until further notice. Local preferences include families with dependent children living or working in Cedar Falls, followed by families with dependent children residing in Iowa, then those residing outside of Iowa; single, non-elderly, non-disabled individuals are a lower preference. Eligibility requires an initial gross annual income of less than 50% of the area median income.

Last verified April 11, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
42

Fair Market Rent - Black Hawk County, IA

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$640
1 Bedroom$737
2 Bedroom$944
3 Bedroom$1,250
4 Bedroom$1,602

Income Limits - Black Hawk County, IA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$15,600
Very Low (50%)
$25,950
Low (80%)
$41,550
2 Persons
Extremely Low (30%)
$17,800
Very Low (50%)
$29,650
Low (80%)
$47,450
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$33,350
Low (80%)
$53,400
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$37,050
Low (80%)
$59,300
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$40,050
Low (80%)
$64,050
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$43,000
Low (80%)
$68,800
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$45,950
Low (80%)
$73,550
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$48,950
Low (80%)
$78,300

Tax Credit Program Details

Year Placed in Service
8888
Low-Income Units
0 / 42

Frequently Asked Questions

What is the average rent for affordable housing in Cedar Falls, IA?+

The Fair Market Rent (FMR) for Black Hawk County, IA is: $640 (Studio), $737 (1BR), $944 (2BR), $1250 (3BR), $1602 (4BR). Actual rent at subsidized properties like Thunder Ridge Senior Apts is typically 30% of household income or less.

What are the income limits for affordable housing in Black Hawk County, IA?+

For a 4-person household in Black Hawk County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,050, Low Income (80% AMI): $59,300. These limits are set by HUD and updated annually.

Who manages Thunder Ridge Senior Apts?+

Thunder Ridge Senior Apts is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Thunder Ridge Senior Apts?+

Thunder Ridge Senior Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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.

Is there a waitlist for Thunder Ridge Senior Apts?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

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Walk Score

Somewhat Walkable

64
Walk
19
Transit
63
Bike

Location

Black Hawk County, IA

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