About This Property
Mt Pleasant Park Apts provides 24 low-income units in Mt Pleasant, Iowa, serving families with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 2011 and is owned by a non-profit organization. Each bedroom size offers eight units within the community.
Property Details
Fair Market Rent - Henry 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 | $641 |
| 1 Bedroom | $682 |
| 2 Bedroom | $877 |
| 3 Bedroom | $1,214 |
| 4 Bedroom | $1,293 |
Income Limits - Henry 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 Mt Pleasant, IA?+
The Fair Market Rent (FMR) for Henry County, IA is: $641 (Studio), $682 (1BR), $877 (2BR), $1214 (3BR), $1293 (4BR). Actual rent at subsidized properties like Mt Pleasant Park Apts is typically 30% of household income or less.
What size apartments are available at Mt Pleasant Park Apts?+
Mt Pleasant Park Apts offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom, 8 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at Mt Pleasant Park Apts?+
Mt Pleasant Park 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 Mt Pleasant Park Apts?+
Mt Pleasant Park Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Mt Pleasant, IA?+
Based on Fair Market Rent for Henry County, the estimated price range is: 1-bedroom: $682, 2-bedroom: $877, 3-bedroom: $1214. Actual rent at Mt Pleasant Park Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Henry County, IA?+
For a 4-person household in Henry 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.
Who is eligible to live at Mt Pleasant Park Apts?+
Mt Pleasant Park Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.