About This Property
Jackson Point is an 18-unit affordable housing community in Fairfield, Iowa that has served low-income families and disabled residents since 2006. The property offers 16 one-bedroom units and 2 two-bedroom units, funded through HOME and supported by 9% Low-Income Housing Tax Credits. Current residents qualify as low-income households.
Property Details
Fair Market Rent - Jefferson 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 | $738 |
| 1 Bedroom | $743 |
| 2 Bedroom | $976 |
| 3 Bedroom | $1,180 |
| 4 Bedroom | $1,300 |
Income Limits - Jefferson 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 Fairfield, IA?+
The Fair Market Rent (FMR) for Jefferson County, IA is: $738 (Studio), $743 (1BR), $976 (2BR), $1180 (3BR), $1300 (4BR). Actual rent at subsidized properties like Jackson Point is typically 30% of household income or less.
What size apartments are available at Jackson Point?+
Jackson Point offers the following unit types: 16 One-Bedroom, 2 Two-Bedroom units, for a total of 18 units.
How do I apply for housing at Jackson Point?+
Jackson Point 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 Jefferson County, IA?+
For a 4-person household in Jefferson 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 Fairfield, IA?+
Based on Fair Market Rent for Jefferson County, the estimated price range is: 1-bedroom: $743, 2-bedroom: $976. Actual rent at Jackson Point may be lower for income-eligible households.
Who is eligible to live at Jackson Point?+
Jackson Point 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 Jackson Point?+
Jackson Point is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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