About This Property
Oakland Apts provides 12 low-income units in Oakland, Iowa, with a mix of 8 one-bedroom and 4 two-bedroom apartments. The property has been in service since 1998 and is financed through 9% Low-Income Housing Tax Credits. The community serves families and individuals with disabilities.
Property Details
Fair Market Rent - Pottawattamie 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 | $895 |
| 1 Bedroom | $971 |
| 2 Bedroom | $1,170 |
| 3 Bedroom | $1,562 |
| 4 Bedroom | $1,733 |
Income Limits - Pottawattamie County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,750
- Low (80%)
- $49,200
- Extremely Low (30%)
- $21,100
- Very Low (50%)
- $35,150
- Low (80%)
- $56,200
- Extremely Low (30%)
- $23,750
- Very Low (50%)
- $39,550
- Low (80%)
- $63,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,900
- Low (80%)
- $70,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,450
- Low (80%)
- $75,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,950
- Low (80%)
- $81,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,450
- Low (80%)
- $87,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,950
- Low (80%)
- $92,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,450 | $30,750 | $49,200 |
| 2 Persons | $21,100 | $35,150 | $56,200 |
| 3 Persons | $23,750 | $39,550 | $63,250 |
| 4 Persons | $26,500 | $43,900 | $70,250 |
| 5 Persons | $31,040 | $47,450 | $75,900 |
| 6 Persons | $35,580 | $50,950 | $81,500 |
| 7 Persons | $40,120 | $54,450 | $87,150 |
| 8 Persons | $44,660 | $57,950 | $92,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Oakland, IA?+
The Fair Market Rent (FMR) for Pottawattamie County, IA is: $895 (Studio), $971 (1BR), $1170 (2BR), $1562 (3BR), $1733 (4BR). Actual rent at subsidized properties like Oakland Apts is typically 30% of household income or less.
What size apartments are available at Oakland Apts?+
Oakland Apts offers the following unit types: 8 One-Bedroom, 4 Two-Bedroom units, for a total of 12 units.
Who is eligible to live at Oakland Apts?+
Oakland Apts 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 Pottawattamie County, IA?+
For a 4-person household in Pottawattamie County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,900, Low Income (80% AMI): $70,250. These limits are set by HUD and updated annually.
What is the price range for apartments in Oakland, IA?+
Based on Fair Market Rent for Pottawattamie County, the estimated price range is: 1-bedroom: $971, 2-bedroom: $1170. Actual rent at Oakland Apts may be lower for income-eligible households.
Who manages Oakland Apts?+
Oakland Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Oakland Apts?+
Oakland 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.
Contact Information
Walk Score
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Nearby Schools
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