About This Property
Community Plaza Apartments comprises 24 low-income units in Forest City, Iowa, offering housing for families. The property contains 12 one-bedroom and 12 two-bedroom units and has been in service since 2014. A non-profit organization owns and operates the community.
Property Details
Fair Market Rent - Winnebago 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 | $665 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,125 |
| 4 Bedroom | $1,316 |
Income Limits - Winnebago County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,100
- Very Low (50%)
- $25,150
- Low (80%)
- $40,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,750
- Low (80%)
- $46,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,350
- Low (80%)
- $51,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,900
- Low (80%)
- $57,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,800
- Low (80%)
- $62,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,650
- Low (80%)
- $66,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,550
- Low (80%)
- $71,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,400
- Low (80%)
- $75,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,100 | $25,150 | $40,250 |
| 2 Persons | $17,420 | $28,750 | $46,000 |
| 3 Persons | $21,960 | $32,350 | $51,750 |
| 4 Persons | $26,500 | $35,900 | $57,450 |
| 5 Persons | $31,040 | $38,800 | $62,050 |
| 6 Persons | $35,580 | $41,650 | $66,650 |
| 7 Persons | $40,120 | $44,550 | $71,250 |
| 8 Persons | $44,660 | $47,400 | $75,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Forest City, IA?+
The Fair Market Rent (FMR) for Winnebago County, IA is: $630 (Studio), $665 (1BR), $862 (2BR), $1125 (3BR), $1316 (4BR). Actual rent at subsidized properties like Community Plaza Apartments is typically 30% of household income or less.
What size apartments are available at Community Plaza Apartments?+
Community Plaza Apartments offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Forest City, IA?+
Based on Fair Market Rent for Winnebago County, the estimated price range is: 1-bedroom: $665, 2-bedroom: $862. Actual rent at Community Plaza Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Winnebago County, IA?+
For a 4-person household in Winnebago County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,900, Low Income (80% AMI): $57,450. These limits are set by HUD and updated annually.
Who manages Community Plaza Apartments?+
Community Plaza Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Community Plaza Apartments?+
Community Plaza Apartments 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 is eligible to live at Community Plaza Apartments?+
Community Plaza Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
