About This Property
Holly Heights Apts comprises 32 low-income units in Storm Lake, Iowa, serving families and individuals with disabilities. The property includes six one-bedroom, twenty-two two-bedroom, and four three-bedroom apartments and has been in service since 1998. The complex operates under 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Buena Vista 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 | $688 |
| 1 Bedroom | $693 |
| 2 Bedroom | $910 |
| 3 Bedroom | $1,171 |
| 4 Bedroom | $1,212 |
Income Limits - Buena Vista County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,100
- Very Low (50%)
- $25,150
- Low (80%)
- $40,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,750
- Low (80%)
- $46,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,350
- Low (80%)
- $51,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,900
- Low (80%)
- $57,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,800
- Low (80%)
- $62,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,650
- Low (80%)
- $66,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,550
- Low (80%)
- $71,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,400
- Low (80%)
- $75,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,100 | $25,150 | $40,250 |
| 2 Persons | $17,420 | $28,750 | $46,000 |
| 3 Persons | $21,960 | $32,350 | $51,750 |
| 4 Persons | $26,500 | $35,900 | $57,450 |
| 5 Persons | $31,040 | $38,800 | $62,050 |
| 6 Persons | $35,580 | $41,650 | $66,650 |
| 7 Persons | $40,120 | $44,550 | $71,250 |
| 8 Persons | $44,660 | $47,400 | $75,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Storm Lake, IA?+
The Fair Market Rent (FMR) for Buena Vista County, IA is: $688 (Studio), $693 (1BR), $910 (2BR), $1171 (3BR), $1212 (4BR). Actual rent at subsidized properties like Holly Heights Apts is typically 30% of household income or less.
What size apartments are available at Holly Heights Apts?+
Holly Heights Apts offers the following unit types: 6 One-Bedroom, 22 Two-Bedroom, 4 Three-Bedroom units, for a total of 32 units.
What are the income limits for affordable housing in Buena Vista County, IA?+
For a 4-person household in Buena Vista County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,900, Low Income (80% AMI): $57,450. These limits are set by HUD and updated annually.
Who manages Holly Heights Apts?+
Holly Heights Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Holly Heights Apts?+
Holly Heights Apts primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Storm Lake, IA?+
Based on Fair Market Rent for Buena Vista County, the estimated price range is: 1-bedroom: $693, 2-bedroom: $910, 3-bedroom: $1171. Actual rent at Holly Heights Apts may be lower for income-eligible households.
How do I apply for housing at Holly Heights Apts?+
Holly Heights 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.
Walk Score
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Nearby Schools
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