About This Property
Northpark Apts provides 24 low-income units in Storm Lake, Iowa, with a mix of twelve 1-bedroom and twelve 2-bedroom apartments. The property has served families since being placed in service in 2006. This affordable housing community is located in Buena Vista County.
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 Northpark Apts is typically 30% of household income or less.
What size apartments are available at Northpark Apts?+
Northpark Apts offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom units, for a total of 24 units.
How do I apply for housing at Northpark Apts?+
Northpark 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 Northpark Apts?+
Northpark Apts primarily serves families. 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. Actual rent at Northpark Apts may be lower for income-eligible households.
Who manages Northpark Apts?+
Northpark Apts is managed by . You can reach them at . Visit their website for more information.
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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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