About This Property
Woodbury Ridge offers 12 low-income units in Moville, Iowa, with a mix of one-, two-, and three-bedroom floor plans designed to serve families. The property has been in service since 2002 and utilizes 9% Low-Income Housing Tax Credits to support its affordability. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Woodbury 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 | $685 |
| 1 Bedroom | $780 |
| 2 Bedroom | $1,010 |
| 3 Bedroom | $1,228 |
| 4 Bedroom | $1,345 |
Income Limits - Woodbury County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,400
- Very Low (50%)
- $25,700
- Low (80%)
- $41,100
- Extremely Low (30%)
- $17,600
- Very Low (50%)
- $29,350
- Low (80%)
- $46,950
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,000
- Low (80%)
- $52,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,650
- Low (80%)
- $58,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,600
- Low (80%)
- $63,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,550
- Low (80%)
- $68,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,450
- Low (80%)
- $72,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,400
- Low (80%)
- $77,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,400 | $25,700 | $41,100 |
| 2 Persons | $17,600 | $29,350 | $46,950 |
| 3 Persons | $21,960 | $33,000 | $52,800 |
| 4 Persons | $26,500 | $36,650 | $58,650 |
| 5 Persons | $31,040 | $39,600 | $63,350 |
| 6 Persons | $35,580 | $42,550 | $68,050 |
| 7 Persons | $40,120 | $45,450 | $72,750 |
| 8 Persons | $44,660 | $48,400 | $77,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Moville, IA?+
The Fair Market Rent (FMR) for Woodbury County, IA is: $685 (Studio), $780 (1BR), $1010 (2BR), $1228 (3BR), $1345 (4BR). Actual rent at subsidized properties like Woodbury Ridge is typically 30% of household income or less.
What size apartments are available at Woodbury Ridge?+
Woodbury Ridge offers the following unit types: 2 One-Bedroom, 8 Two-Bedroom, 2 Three-Bedroom units, for a total of 12 units.
Who manages Woodbury Ridge?+
Woodbury Ridge is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Moville, IA?+
Based on Fair Market Rent for Woodbury County, the estimated price range is: 1-bedroom: $780, 2-bedroom: $1010, 3-bedroom: $1228. Actual rent at Woodbury Ridge may be lower for income-eligible households.
How do I apply for housing at Woodbury Ridge?+
Woodbury Ridge 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 are the income limits for affordable housing in Woodbury County, IA?+
For a 4-person household in Woodbury County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,650, Low Income (80% AMI): $58,650. These limits are set by HUD and updated annually.
Who is eligible to live at Woodbury Ridge?+
Woodbury Ridge primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.