About This Property
Hamilton Knolls comprises 12 low-income rental units in Webster City, Iowa, with a mix of ten 1-bedroom and two 2-bedroom apartments. The property, placed in service in 2006 and funded through HOME and 9% Low-Income Housing Tax Credits, serves families and individuals with disabilities. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Hamilton 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 | $691 |
| 1 Bedroom | $720 |
| 2 Bedroom | $946 |
| 3 Bedroom | $1,144 |
| 4 Bedroom | $1,260 |
Income Limits - Hamilton County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,550
- Very Low (50%)
- $25,900
- Low (80%)
- $41,400
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,600
- Low (80%)
- $47,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,300
- Low (80%)
- $53,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,950
- Low (80%)
- $59,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,950
- Low (80%)
- $63,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,900
- Low (80%)
- $68,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,850
- Low (80%)
- $73,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,800
- Low (80%)
- $78,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,550 | $25,900 | $41,400 |
| 2 Persons | $17,750 | $29,600 | $47,300 |
| 3 Persons | $21,960 | $33,300 | $53,200 |
| 4 Persons | $26,500 | $36,950 | $59,100 |
| 5 Persons | $31,040 | $39,950 | $63,850 |
| 6 Persons | $35,580 | $42,900 | $68,600 |
| 7 Persons | $40,120 | $45,850 | $73,300 |
| 8 Persons | $44,660 | $48,800 | $78,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Webster City, IA?+
The Fair Market Rent (FMR) for Hamilton County, IA is: $691 (Studio), $720 (1BR), $946 (2BR), $1144 (3BR), $1260 (4BR). Actual rent at subsidized properties like Hamilton Knolls is typically 30% of household income or less.
What size apartments are available at Hamilton Knolls?+
Hamilton Knolls offers the following unit types: 10 One-Bedroom, 2 Two-Bedroom units, for a total of 12 units.
What is the price range for apartments in Webster City, IA?+
Based on Fair Market Rent for Hamilton County, the estimated price range is: 1-bedroom: $720, 2-bedroom: $946. Actual rent at Hamilton Knolls may be lower for income-eligible households.
Who manages Hamilton Knolls?+
Hamilton Knolls is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Hamilton County, IA?+
For a 4-person household in Hamilton County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,950, Low Income (80% AMI): $59,100. These limits are set by HUD and updated annually.
Who is eligible to live at Hamilton Knolls?+
Hamilton Knolls primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Hamilton Knolls?+
Hamilton Knolls 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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