About This Property
Manchester Park III offers 20 low-income units for families in Manchester, Iowa. The property was placed in service in 1991 and continues to provide affordable housing in Delaware County.
Property Details
Fair Market Rent - Delaware 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 | $630 |
| 1 Bedroom | $726 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,042 |
| 4 Bedroom | $1,148 |
Income Limits - Delaware County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,600
- Low (80%)
- $44,150
- Extremely Low (30%)
- $18,950
- Very Low (50%)
- $31,550
- Low (80%)
- $50,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,500
- Low (80%)
- $56,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,400
- Low (80%)
- $63,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,600
- Low (80%)
- $68,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,750
- Low (80%)
- $73,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,900
- Low (80%)
- $78,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,050
- Low (80%)
- $83,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,600 | $44,150 |
| 2 Persons | $18,950 | $31,550 | $50,450 |
| 3 Persons | $21,960 | $35,500 | $56,750 |
| 4 Persons | $26,500 | $39,400 | $63,050 |
| 5 Persons | $31,040 | $42,600 | $68,100 |
| 6 Persons | $35,580 | $45,750 | $73,150 |
| 7 Persons | $40,120 | $48,900 | $78,200 |
| 8 Persons | $44,660 | $52,050 | $83,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Manchester, IA?+
The Fair Market Rent (FMR) for Delaware County, IA is: $630 (Studio), $726 (1BR), $862 (2BR), $1042 (3BR), $1148 (4BR). Actual rent at subsidized properties like Manchester Park Iii is typically 30% of household income or less.
What are the income limits for affordable housing in Delaware County, IA?+
For a 4-person household in Delaware County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,400, Low Income (80% AMI): $63,050. These limits are set by HUD and updated annually.
How do I apply for housing at Manchester Park Iii?+
Manchester Park Iii 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 Manchester Park Iii?+
Manchester Park Iii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Manchester Park Iii?+
Manchester Park Iii 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.
