About This Property
Blairs Ferry Senior offers 60 units in Marion, Iowa, with 57 designated as low-income housing for elderly residents. The property, which opened in 2017, includes 21 one-bedroom and 39 two-bedroom units and is financed through 9% Low-Income Housing Tax Credits. This development provides rental options for seniors seeking affordable housing in Linn County.
Property Details
Fair Market Rent - Linn 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 | $638 |
| 1 Bedroom | $716 |
| 2 Bedroom | $941 |
| 3 Bedroom | $1,326 |
| 4 Bedroom | $1,597 |
Income Limits - Linn County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,800
- Very Low (50%)
- $31,300
- Low (80%)
- $50,050
- Extremely Low (30%)
- $21,450
- Very Low (50%)
- $35,800
- Low (80%)
- $57,200
- Extremely Low (30%)
- $24,150
- Very Low (50%)
- $40,250
- Low (80%)
- $64,350
- Extremely Low (30%)
- $26,800
- Very Low (50%)
- $44,700
- Low (80%)
- $71,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,300
- Low (80%)
- $77,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,900
- Low (80%)
- $82,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,450
- Low (80%)
- $88,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,050
- Low (80%)
- $94,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,800 | $31,300 | $50,050 |
| 2 Persons | $21,450 | $35,800 | $57,200 |
| 3 Persons | $24,150 | $40,250 | $64,350 |
| 4 Persons | $26,800 | $44,700 | $71,500 |
| 5 Persons | $31,040 | $48,300 | $77,250 |
| 6 Persons | $35,580 | $51,900 | $82,950 |
| 7 Persons | $40,120 | $55,450 | $88,700 |
| 8 Persons | $44,660 | $59,050 | $94,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Marion, IA?+
The Fair Market Rent (FMR) for Linn County, IA is: $638 (Studio), $716 (1BR), $941 (2BR), $1326 (3BR), $1597 (4BR). Actual rent at subsidized properties like Blairs Ferry Senior is typically 30% of household income or less.
What size apartments are available at Blairs Ferry Senior?+
Blairs Ferry Senior offers the following unit types: 21 One-Bedroom, 39 Two-Bedroom units, for a total of 60 units.
What are the income limits for affordable housing in Linn County, IA?+
For a 4-person household in Linn County, IA, the income limits are: Extremely Low Income (30% AMI): $26,800, Very Low Income (50% AMI): $44,700, Low Income (80% AMI): $71,500. These limits are set by HUD and updated annually.
Who manages Blairs Ferry Senior?+
Blairs Ferry Senior is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Blairs Ferry Senior?+
Blairs Ferry Senior primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Blairs Ferry Senior?+
Blairs Ferry Senior 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 Marion, IA?+
Based on Fair Market Rent for Linn County, the estimated price range is: 1-bedroom: $716, 2-bedroom: $941. Actual rent at Blairs Ferry Senior may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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