About This Property
Winngate Village comprises 16 two-bedroom units in Forest City, Iowa, serving low-income families and disabled residents. The property has been in service since 2001 and receives 9% Low-Income Housing Tax Credit funding. The property is managed to provide affordable rental housing in Winnebago County.
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 Winngate Village is typically 30% of household income or less.
What size apartments are available at Winngate Village?+
Winngate Village offers the following unit types: 16 Two-Bedroom units, for a total of 16 units.
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 is eligible to live at Winngate Village?+
Winngate Village primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Winngate Village?+
Winngate Village 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 Forest City, IA?+
Based on Fair Market Rent for Winnebago County, the estimated price range is: 2-bedroom: $862. Actual rent at Winngate Village may be lower for income-eligible households.
Who manages Winngate Village?+
Winngate Village is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
