About This Property
Coral Ridge Apts I contains 72 units designated for low-income residents in Coralville, Iowa. The property serves families and disabled individuals and has been in service since 1992. This Johnson County apartment complex is managed to provide affordable housing options.
Property Details
Fair Market Rent - Johnson 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 | $783 |
| 1 Bedroom | $902 |
| 2 Bedroom | $1,082 |
| 3 Bedroom | $1,525 |
| 4 Bedroom | $1,836 |
Income Limits - Johnson County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,950
- Very Low (50%)
- $34,900
- Low (80%)
- $55,850
- Extremely Low (30%)
- $23,950
- Very Low (50%)
- $39,900
- Low (80%)
- $63,800
- Extremely Low (30%)
- $26,950
- Very Low (50%)
- $44,900
- Low (80%)
- $71,800
- Extremely Low (30%)
- $29,900
- Very Low (50%)
- $49,850
- Low (80%)
- $79,750
- Extremely Low (30%)
- $32,300
- Very Low (50%)
- $53,850
- Low (80%)
- $86,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $57,850
- Low (80%)
- $92,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $61,850
- Low (80%)
- $98,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $65,850
- Low (80%)
- $105,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,950 | $34,900 | $55,850 |
| 2 Persons | $23,950 | $39,900 | $63,800 |
| 3 Persons | $26,950 | $44,900 | $71,800 |
| 4 Persons | $29,900 | $49,850 | $79,750 |
| 5 Persons | $32,300 | $53,850 | $86,150 |
| 6 Persons | $35,580 | $57,850 | $92,550 |
| 7 Persons | $40,120 | $61,850 | $98,900 |
| 8 Persons | $44,660 | $65,850 | $105,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Coralville, IA?+
The Fair Market Rent (FMR) for Johnson County, IA is: $783 (Studio), $902 (1BR), $1082 (2BR), $1525 (3BR), $1836 (4BR). Actual rent at subsidized properties like Coral Ridge Apts I is typically 30% of household income or less.
What are the income limits for affordable housing in Johnson County, IA?+
For a 4-person household in Johnson County, IA, the income limits are: Extremely Low Income (30% AMI): $29,900, Very Low Income (50% AMI): $49,850, Low Income (80% AMI): $79,750. These limits are set by HUD and updated annually.
How do I apply for housing at Coral Ridge Apts I?+
Coral Ridge Apts I 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 is eligible to live at Coral Ridge Apts I?+
Coral Ridge Apts I 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 Coral Ridge Apts I?+
Coral Ridge Apts I is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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