About This Property
Sac City I comprises 16 one-bedroom units designated for low-income households in Sac City, Iowa. The property has been in service since 1998 and utilizes 9% Low-Income Housing Tax Credits to support affordability. Property management contact information is available upon request.
Property Details
Fair Market Rent - Sac 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 | $630 |
| 1 Bedroom | $711 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,215 |
| 4 Bedroom | $1,220 |
Income Limits - Sac County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,150
- Very Low (50%)
- $25,200
- Low (80%)
- $40,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,800
- Low (80%)
- $46,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,400
- Low (80%)
- $51,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,900
- Low (80%)
- $62,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,800
- Low (80%)
- $66,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,650
- Low (80%)
- $71,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,550
- Low (80%)
- $76,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,150 | $25,200 | $40,350 |
| 2 Persons | $17,420 | $28,800 | $46,100 |
| 3 Persons | $21,960 | $32,400 | $51,850 |
| 4 Persons | $26,500 | $36,000 | $57,600 |
| 5 Persons | $31,040 | $38,900 | $62,250 |
| 6 Persons | $35,580 | $41,800 | $66,850 |
| 7 Persons | $40,120 | $44,650 | $71,450 |
| 8 Persons | $44,660 | $47,550 | $76,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sac City, IA?+
The Fair Market Rent (FMR) for Sac County, IA is: $630 (Studio), $711 (1BR), $862 (2BR), $1215 (3BR), $1220 (4BR). Actual rent at subsidized properties like Sac City I is typically 30% of household income or less.
What size apartments are available at Sac City I?+
Sac City I offers the following unit types: 16 One-Bedroom units, for a total of 16 units.
What is the price range for apartments in Sac City, IA?+
Based on Fair Market Rent for Sac County, the estimated price range is: 1-bedroom: $711. Actual rent at Sac City I may be lower for income-eligible households.
What are the income limits for affordable housing in Sac County, IA?+
For a 4-person household in Sac County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,000, Low Income (80% AMI): $57,600. These limits are set by HUD and updated annually.
Who manages Sac City I?+
Sac City I is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sac City I?+
Sac City 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.