About This Property
Adel Assisted Living Apts contains 24 one-bedroom units designated for low-income elderly residents in Adel, Iowa. The property has been in service since 2005 and is owned by a non-profit organization. It receives funding through HOME and utilizes 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Dallas 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 | $833 |
| 1 Bedroom | $899 |
| 2 Bedroom | $1,080 |
| 3 Bedroom | $1,477 |
| 4 Bedroom | $1,481 |
Income Limits - Dallas County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,200
- Very Low (50%)
- $32,000
- Low (80%)
- $51,150
- Extremely Low (30%)
- $21,950
- Very Low (50%)
- $36,550
- Low (80%)
- $58,450
- Extremely Low (30%)
- $24,700
- Very Low (50%)
- $41,100
- Low (80%)
- $65,750
- Extremely Low (30%)
- $27,400
- Very Low (50%)
- $45,650
- Low (80%)
- $73,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $49,350
- Low (80%)
- $78,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $53,000
- Low (80%)
- $84,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $56,650
- Low (80%)
- $90,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $60,300
- Low (80%)
- $96,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,200 | $32,000 | $51,150 |
| 2 Persons | $21,950 | $36,550 | $58,450 |
| 3 Persons | $24,700 | $41,100 | $65,750 |
| 4 Persons | $27,400 | $45,650 | $73,050 |
| 5 Persons | $31,040 | $49,350 | $78,900 |
| 6 Persons | $35,580 | $53,000 | $84,750 |
| 7 Persons | $40,120 | $56,650 | $90,600 |
| 8 Persons | $44,660 | $60,300 | $96,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Adel, IA?+
The Fair Market Rent (FMR) for Dallas County, IA is: $833 (Studio), $899 (1BR), $1080 (2BR), $1477 (3BR), $1481 (4BR). Actual rent at subsidized properties like Adel Assisted Living Apts is typically 30% of household income or less.
What size apartments are available at Adel Assisted Living Apts?+
Adel Assisted Living Apts offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
Who is eligible to live at Adel Assisted Living Apts?+
Adel Assisted Living Apts primarily serves elderly residents. 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 Adel, IA?+
Based on Fair Market Rent for Dallas County, the estimated price range is: 1-bedroom: $899. Actual rent at Adel Assisted Living Apts may be lower for income-eligible households.
How do I apply for housing at Adel Assisted Living Apts?+
Adel Assisted Living 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 manages Adel Assisted Living Apts?+
Adel Assisted Living Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Dallas County, IA?+
For a 4-person household in Dallas County, IA, the income limits are: Extremely Low Income (30% AMI): $27,400, Very Low Income (50% AMI): $45,650, Low Income (80% AMI): $73,050. These limits are set by HUD and updated annually.
Walk Score
Almost All Errands Require a Car
Nearby Schools
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