About This Property
Washington Court Apts contains 16 one-bedroom units designated as low-income housing in Decorah, Iowa. The property has been in service since 1998 and utilizes 9% Low-Income Housing Tax Credits to serve elderly and disabled residents. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Winneshiek 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 | $656 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,144 |
| 4 Bedroom | $1,148 |
Income Limits - Winneshiek County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,000
- Very Low (50%)
- $28,300
- Low (80%)
- $45,300
- Extremely Low (30%)
- $19,400
- Very Low (50%)
- $32,350
- Low (80%)
- $51,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,400
- Low (80%)
- $58,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,400
- Low (80%)
- $64,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,650
- Low (80%)
- $69,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,900
- Low (80%)
- $75,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,100
- Low (80%)
- $80,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,350
- Low (80%)
- $85,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,000 | $28,300 | $45,300 |
| 2 Persons | $19,400 | $32,350 | $51,750 |
| 3 Persons | $21,960 | $36,400 | $58,200 |
| 4 Persons | $26,500 | $40,400 | $64,650 |
| 5 Persons | $31,040 | $43,650 | $69,850 |
| 6 Persons | $35,580 | $46,900 | $75,000 |
| 7 Persons | $40,120 | $50,100 | $80,200 |
| 8 Persons | $44,660 | $53,350 | $85,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Decorah, IA?+
The Fair Market Rent (FMR) for Winneshiek County, IA is: $630 (Studio), $656 (1BR), $862 (2BR), $1144 (3BR), $1148 (4BR). Actual rent at subsidized properties like Washington Court Apts is typically 30% of household income or less.
What size apartments are available at Washington Court Apts?+
Washington Court Apts offers the following unit types: 16 One-Bedroom units, for a total of 16 units.
What are the income limits for affordable housing in Winneshiek County, IA?+
For a 4-person household in Winneshiek County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,400, Low Income (80% AMI): $64,650. These limits are set by HUD and updated annually.
Who is eligible to live at Washington Court Apts?+
Washington Court Apts primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Washington Court Apts?+
Washington Court Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Washington Court Apts?+
Washington Court 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.
What is the price range for apartments in Decorah, IA?+
Based on Fair Market Rent for Winneshiek County, the estimated price range is: 1-bedroom: $656. Actual rent at Washington Court Apts may be lower for income-eligible households.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.