About This Property
Ivy Apts offers 12 low-income units in Humboldt, Iowa, with a mix of ten 2-bedroom and two 3-bedroom apartments. The property has been in service since 2000 and receives 9% Low-Income Housing Tax Credit funding. The community serves families and individuals with disabilities.
Property Details
Fair Market Rent - Humboldt 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 | $701 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,215 |
| 4 Bedroom | $1,224 |
Income Limits - Humboldt 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 Humboldt, IA?+
The Fair Market Rent (FMR) for Humboldt County, IA is: $630 (Studio), $701 (1BR), $862 (2BR), $1215 (3BR), $1224 (4BR). Actual rent at subsidized properties like Ivy Apts is typically 30% of household income or less.
What size apartments are available at Ivy Apts?+
Ivy Apts offers the following unit types: 10 Two-Bedroom, 2 Three-Bedroom units, for a total of 12 units.
How do I apply for housing at Ivy Apts?+
Ivy 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 is the price range for apartments in Humboldt, IA?+
Based on Fair Market Rent for Humboldt County, the estimated price range is: 2-bedroom: $862, 3-bedroom: $1215. Actual rent at Ivy Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Humboldt County, IA?+
For a 4-person household in Humboldt 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 manages Ivy Apts?+
Ivy Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Ivy Apts?+
Ivy Apts primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.