About This Property
Linden Apts is a 25-unit affordable housing community in Boone, Iowa serving elderly residents. The property includes 20 one-bedroom units, 3 three-bedroom units, and 2 four-bedroom units, all designated as low-income housing. Built in 2004 and funded through HOME program resources, the community operates with 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Boone County, IA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $614 |
| 1 Bedroom | $685 |
| 2 Bedroom | $900 |
| 3 Bedroom | $1,268 |
| 4 Bedroom | $1,348 |
Income Limits - Boone County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,700
- Very Low (50%)
- $27,800
- Low (80%)
- $44,450
- Extremely Low (30%)
- $19,050
- Very Low (50%)
- $31,750
- Low (80%)
- $50,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,700
- Low (80%)
- $57,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,650
- Low (80%)
- $63,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,850
- Low (80%)
- $68,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,000
- Low (80%)
- $73,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,200
- Low (80%)
- $78,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,350
- Low (80%)
- $83,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,700 | $27,800 | $44,450 |
| 2 Persons | $19,050 | $31,750 | $50,800 |
| 3 Persons | $21,960 | $35,700 | $57,150 |
| 4 Persons | $26,500 | $39,650 | $63,450 |
| 5 Persons | $31,040 | $42,850 | $68,550 |
| 6 Persons | $35,580 | $46,000 | $73,650 |
| 7 Persons | $40,120 | $49,200 | $78,700 |
| 8 Persons | $44,660 | $52,350 | $83,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Boone, IA?+
The Fair Market Rent (FMR) for Boone County, IA is: $614 (Studio), $685 (1BR), $900 (2BR), $1268 (3BR), $1348 (4BR). Actual rent at subsidized properties like Linden Apts is typically 30% of household income or less.
What size apartments are available at Linden Apts?+
Linden Apts offers the following unit types: 20 One-Bedroom, 3 Three-Bedroom, 2 Four-Bedroom units, for a total of 25 units.
What are the income limits for affordable housing in Boone County, IA?+
For a 4-person household in Boone County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,650, Low Income (80% AMI): $63,450. These limits are set by HUD and updated annually.
What is the price range for apartments in Boone, IA?+
Based on Fair Market Rent for Boone County, the estimated price range is: 1-bedroom: $685, 3-bedroom: $1268. Actual rent at Linden Apts may be lower for income-eligible households.
How do I apply for housing at Linden Apts?+
Linden 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.
Who is eligible to live at Linden Apts?+
Linden Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Linden Apts?+
Linden Apts is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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