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Low Income (LIHTC)Waitlist Open

Stokes Manor

1311 Prospect Ave, Waterloo, IA, 50703

Information verified May 8, 2026ยทWe re-check waiting list status daily

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About This Property

Stokes Manor offers 52 one-bedroom units designated for low-income elderly residents in Waterloo, Iowa. The property was placed in service in 2003 and is funded through HOME program resources with 9% Low-Income Housing Tax Credits. Management and leasing information are available through the property contact.

Waitlist Information

Waitlist managed by Waterloo Housing Authority

Public Housing Waitlist
Open
Apply: Multiple

The Public Housing program accepts pre-applications for senior/disabled households for two communities, including Ridgeway Towers for those 62 and older, with some eligibility for those 55 and older. It does not serve families.

Last verified April 24, 2026
Section 8 (HCV) Waitlist
Closed
Apply: Multiple

The waiting list for the Housing Choice Voucher (Section 8) program is currently closed. Previously, applicants needed to provide social security numbers, birth dates, general income, and bank account information.

Last verified February 18, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
52
1 Bedroom
52

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

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Tax Credit Program Details

Year Placed in Service
2003
LIHTC Credit Type
9%
Low-Income Units
52 / 52
Target Population
Elderly
Funding Programs
HOME

Frequently Asked Questions

What is the average rent for affordable housing in Waterloo, 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 Stokes Manor is typically 30% of household income or less.

What size apartments are available at Stokes Manor?+

Stokes Manor offers the following unit types: 52 One-Bedroom units, for a total of 52 units.

What is the price range for apartments in Waterloo, IA?+

Based on Fair Market Rent for Black Hawk County, the estimated price range is: 1-bedroom: $737. Actual rent at Stokes Manor may be lower for income-eligible households.

Who manages Stokes Manor?+

Stokes Manor is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Stokes Manor?+

Public Housing waitlist is currently Open. 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.

How do I apply for housing at Stokes Manor?+

Stokes Manor 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.

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 is eligible to live at Stokes Manor?+

Stokes Manor primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Walk Score

Car-Dependent

36
Walk
19
Transit
34
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Black Hawk County, IA

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Housing Resources in Waterloo, IA

HUD-Approved Counseling Agencies

CCCS OF ROCHESTER-NORTHEASTERN IOWA

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingFinancial Management/Budget Counseling

FAMILY MANAGEMENT FINANCIAL SOLUTIONS, INC.

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingFinancial Management/Budget Counseling