About This Property
Forest View Apts in Newton, Iowa contains 48 units, including 24 designated low-income apartments that serve families and disabled residents. The property features a mix of seven one-bedroom and seventeen two-bedroom units and has been in service since 2000. The development was funded through tax-exempt bonds and utilizes 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Jasper 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 | $652 |
| 1 Bedroom | $656 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,198 |
| 4 Bedroom | $1,235 |
Income Limits - Jasper 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 Newton, IA?+
The Fair Market Rent (FMR) for Jasper County, IA is: $652 (Studio), $656 (1BR), $862 (2BR), $1198 (3BR), $1235 (4BR). Actual rent at subsidized properties like Forest View Apts is typically 30% of household income or less.
What size apartments are available at Forest View Apts?+
Forest View Apts offers the following unit types: 7 One-Bedroom, 17 Two-Bedroom units, for a total of 48 units.
Who manages Forest View Apts?+
Forest View Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Forest View Apts?+
Forest View 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 Jasper County, IA?+
For a 4-person household in Jasper 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.
What is the price range for apartments in Newton, IA?+
Based on Fair Market Rent for Jasper County, the estimated price range is: 1-bedroom: $656, 2-bedroom: $862. Actual rent at Forest View Apts may be lower for income-eligible households.
Who is eligible to live at Forest View Apts?+
Forest View 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
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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