605 W 3rd St, Sioux City, IA 51103
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Quality and affordable housing for persons 62 years of age and older or persons with a disability. Eligible residents pay 30% of their adjusted annual gross income. Applicants may have assets, cash, savings, stocks, or annuities, etc… and may still qualify for housing! Please fill out a ‘Rental Application’ online, or Contact Us and we will then provide you with details. There is no application fee. Security Deposit Required.
This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means West Park Apartments is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,150 / year | $20,750 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $30,250 / year | $34,550 / year | $38,850 / year | $43,150 / year | $46,650 / year | $50,100 / year | $53,550 / year | $57,000 / year |
| 50% AMI for PBRA Units | $30,250 / year | $34,550 / year | $38,850 / year | $43,150 / year | $46,650 / year | $50,100 / year | $53,550 / year | $57,000 / year |
| 80% AMI for PBRA Units | $48,350 / year | $55,250 / year | $62,150 / year | $69,050 / year | $74,600 / year | $80,100 / year | $85,650 / year | $91,150 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does West Park Apartments have a waiting list?
West Park Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at West Park Apartments?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges West Park Apartments?
West Park Apartments is managed by Oakleaf Property Management headquartered in Sioux City , Iowa.
In addition to West Park Apartments, how many other affordable housing properties (and units) are there in Sioux City?
In addition to West Park Apartments, we list 39 other affordable properties in Sioux City. Learn about these properties here. Our data research shows that there are a total of 1991 affordable units in Sioux City.
Housing options for seniors.
Many housing programs have apartments or entire properties restricted to senior residents only, including Section 202 Supportive Housing for the Elderly.Katana Keller says:
"As a disabled renter, searching online for places I could potentially live, and being kept up to date for many kinds of housing by Affordable Housing Online is very helpful."