About This Property
Crestview Village contains 32 low-income units in Cresco, Iowa, serving families and disabled residents. The property includes 16 one-bedroom, 8 two-bedroom, and 8 three-bedroom units and has been in service since 1997. The property is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Howard 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 | $768 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,214 |
| 4 Bedroom | $1,278 |
Income Limits - Howard 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cresco, IA?+
The Fair Market Rent (FMR) for Howard County, IA is: $630 (Studio), $768 (1BR), $862 (2BR), $1214 (3BR), $1278 (4BR). Actual rent at subsidized properties like Crestview Village is typically 30% of household income or less.
What size apartments are available at Crestview Village?+
Crestview Village offers the following unit types: 16 One-Bedroom, 8 Two-Bedroom, 8 Three-Bedroom units, for a total of 32 units.
Who is eligible to live at Crestview Village?+
Crestview Village primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Crestview Village?+
Crestview Village is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Howard County, IA?+
For a 4-person household in Howard 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.
How do I apply for housing at Crestview Village?+
Crestview Village 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 is the price range for apartments in Cresco, IA?+
Based on Fair Market Rent for Howard County, the estimated price range is: 1-bedroom: $768, 2-bedroom: $862, 3-bedroom: $1214. Actual rent at Crestview Village may be lower for income-eligible households.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.