About This Property
The Reserves At Briarwood offers 32 units in Washington, Iowa, with 30 designated as low-income housing. The property, which opened in 2016, includes 16 two-bedroom, 8 three-bedroom, and 8 four-bedroom units designed to serve families. The community utilizes 9% Low-Income Housing Tax Credits for financing.
Property Details
Fair Market Rent - Washington 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 | $606 |
| 1 Bedroom | $680 |
| 2 Bedroom | $894 |
| 3 Bedroom | $1,101 |
| 4 Bedroom | $1,253 |
Income Limits - Washington County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,650
- Low (80%)
- $44,200
- Extremely Low (30%)
- $18,950
- Very Low (50%)
- $31,600
- Low (80%)
- $50,500
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,550
- Low (80%)
- $56,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,650
- Low (80%)
- $68,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,800
- Low (80%)
- $73,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,950
- Low (80%)
- $78,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,100
- Low (80%)
- $83,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,650 | $44,200 |
| 2 Persons | $18,950 | $31,600 | $50,500 |
| 3 Persons | $21,960 | $35,550 | $56,800 |
| 4 Persons | $26,500 | $39,450 | $63,100 |
| 5 Persons | $31,040 | $42,650 | $68,150 |
| 6 Persons | $35,580 | $45,800 | $73,200 |
| 7 Persons | $40,120 | $48,950 | $78,250 |
| 8 Persons | $44,660 | $52,100 | $83,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Washington, IA?+
The Fair Market Rent (FMR) for Washington County, IA is: $606 (Studio), $680 (1BR), $894 (2BR), $1101 (3BR), $1253 (4BR). Actual rent at subsidized properties like The Reserves At Briarwood is typically 30% of household income or less.
What size apartments are available at The Reserves At Briarwood?+
The Reserves At Briarwood offers the following unit types: 16 Two-Bedroom, 8 Three-Bedroom, 8 Four-Bedroom units, for a total of 32 units.
What is the price range for apartments in Washington, IA?+
Based on Fair Market Rent for Washington County, the estimated price range is: 2-bedroom: $894, 3-bedroom: $1101. Actual rent at The Reserves At Briarwood may be lower for income-eligible households.
How do I apply for housing at The Reserves At Briarwood?+
The Reserves At Briarwood 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 manages The Reserves At Briarwood?+
The Reserves At Briarwood is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at The Reserves At Briarwood?+
The Reserves At Briarwood primarily serves families. 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 Washington County, IA?+
For a 4-person household in Washington County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,450, Low Income (80% AMI): $63,100. These limits are set by HUD and updated annually.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.