About This Property
Oakland Pointe offers 42 low-income units in Altoona and serves families and individuals with disabilities. The community includes 22 one-bedroom, 8 two-bedroom, and 12 three-bedroom units. Placed in service in 1996, the property receives 9% Low-Income Housing Tax Credit funding.
Property Details
Fair Market Rent - Polk 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 | $833 |
| 1 Bedroom | $899 |
| 2 Bedroom | $1,080 |
| 3 Bedroom | $1,477 |
| 4 Bedroom | $1,481 |
Income Limits - Polk County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,200
- Very Low (50%)
- $32,000
- Low (80%)
- $51,150
- Extremely Low (30%)
- $21,950
- Very Low (50%)
- $36,550
- Low (80%)
- $58,450
- Extremely Low (30%)
- $24,700
- Very Low (50%)
- $41,100
- Low (80%)
- $65,750
- Extremely Low (30%)
- $27,400
- Very Low (50%)
- $45,650
- Low (80%)
- $73,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $49,350
- Low (80%)
- $78,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $53,000
- Low (80%)
- $84,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $56,650
- Low (80%)
- $90,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $60,300
- Low (80%)
- $96,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,200 | $32,000 | $51,150 |
| 2 Persons | $21,950 | $36,550 | $58,450 |
| 3 Persons | $24,700 | $41,100 | $65,750 |
| 4 Persons | $27,400 | $45,650 | $73,050 |
| 5 Persons | $31,040 | $49,350 | $78,900 |
| 6 Persons | $35,580 | $53,000 | $84,750 |
| 7 Persons | $40,120 | $56,650 | $90,600 |
| 8 Persons | $44,660 | $60,300 | $96,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Altoona, IA?+
The Fair Market Rent (FMR) for Polk County, IA is: $833 (Studio), $899 (1BR), $1080 (2BR), $1477 (3BR), $1481 (4BR). Actual rent at subsidized properties like Oakland Pointe is typically 30% of household income or less.
What size apartments are available at Oakland Pointe?+
Oakland Pointe offers the following unit types: 22 One-Bedroom, 8 Two-Bedroom, 12 Three-Bedroom units, for a total of 42 units.
Who is eligible to live at Oakland Pointe?+
Oakland Pointe primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Polk County, IA?+
For a 4-person household in Polk County, IA, the income limits are: Extremely Low Income (30% AMI): $27,400, Very Low Income (50% AMI): $45,650, Low Income (80% AMI): $73,050. These limits are set by HUD and updated annually.
How do I apply for housing at Oakland Pointe?+
Oakland Pointe 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 Altoona, IA?+
Based on Fair Market Rent for Polk County, the estimated price range is: 1-bedroom: $899, 2-bedroom: $1080, 3-bedroom: $1477. Actual rent at Oakland Pointe may be lower for income-eligible households.
Who manages Oakland Pointe?+
Oakland Pointe is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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