About This Property
Asbury Meadows Apartments is a 32-unit affordable housing community in Asbury, Iowa serving families with low incomes. The property offers a mix of two-, three-, and four-bedroom units, with 12 two-bedroom, 14 three-bedroom, and 6 four-bedroom apartments. Placed in service in 2006, the community is funded through HOME and 9% LIHTC credits.
Property Details
Fair Market Rent - Dubuque 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 | $650 |
| 1 Bedroom | $712 |
| 2 Bedroom | $936 |
| 3 Bedroom | $1,259 |
| 4 Bedroom | $1,588 |
Income Limits - Dubuque 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Asbury, IA?+
The Fair Market Rent (FMR) for Dubuque County, IA is: $650 (Studio), $712 (1BR), $936 (2BR), $1259 (3BR), $1588 (4BR). Actual rent at subsidized properties like Asbury Meadows Apts is typically 30% of household income or less.
What size apartments are available at Asbury Meadows Apts?+
Asbury Meadows Apts offers the following unit types: 12 Two-Bedroom, 14 Three-Bedroom, 6 Four-Bedroom units, for a total of 32 units.
What is the price range for apartments in Asbury, IA?+
Based on Fair Market Rent for Dubuque County, the estimated price range is: 2-bedroom: $936, 3-bedroom: $1259. Actual rent at Asbury Meadows Apts may be lower for income-eligible households.
How do I apply for housing at Asbury Meadows Apts?+
Asbury Meadows 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.
What are the income limits for affordable housing in Dubuque County, IA?+
For a 4-person household in Dubuque 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.
Who manages Asbury Meadows Apts?+
Asbury Meadows Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Asbury Meadows Apts?+
Asbury Meadows Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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