About This Property
Newton Sundance Apartments offers 40 low-income units in Newton, Iowa, comprising 32 two-bedroom and 8 three-bedroom homes. The property has been in service since 1999 and is financed through 9% LIHTC credit. Interested parties may contact the property management for lease inquiries.
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 Newton Sundance Apts is typically 30% of household income or less.
What size apartments are available at Newton Sundance Apts?+
Newton Sundance Apts offers the following unit types: 32 Two-Bedroom, 8 Three-Bedroom units, for a total of 40 units.
What is the price range for apartments in Newton, IA?+
Based on Fair Market Rent for Jasper County, the estimated price range is: 2-bedroom: $862, 3-bedroom: $1198. Actual rent at Newton Sundance Apts may be lower for income-eligible households.
How do I apply for housing at Newton Sundance Apts?+
Newton Sundance 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 Newton Sundance Apts?+
Newton Sundance Apts is managed by . You can reach them at . Visit their website for more information.
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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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