1110 W 12th St, Davenport, IA 52804
Waiting List Forecast: Likely Short or None
Verified for 2019 by Ric Gresia, Tami Baker| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 3 - 4 Beds | 1 - 2 Baths | - |
Since this property is a HOME program property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
Cobblestone Terrace is an affordable community containing 10 single-family home rentals, located in Davenport, IA. There are 7 – three bedroom and 3 – four bedroom homes that participate in the Low Income Tax Credit (LIHTC) program that provided affordable rents to low and very low income families. All renters are eligible for the ROSE Program. Under ROSE, $50 of a person’s monthly rent is set aside. If that person then decides to buy a home – no matter where or when – that money is used for down-payment assistance.
Because Cobblestone Terrace participates in HUD's HOME program for rental housing, at least some of the units in this property are set aside for persons at or below 60% of the AMI and rents are capped at the local FMR and in many cases much lower. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME program. Since this property participates in the HOME program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 3 Bedroom (3/1) | - | Call for Price† |
| 4 Bedroom (4/2) | - | Call for Price† |
Does Cobblestone Terrace have a waiting list?
Cobblestone Terrace probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Cobblestone Terrace?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Cobblestone Terrace?
Cobblestone Terrace is managed by Premier Housing Management headquartered in St. Paul, MN.
In addition to Cobblestone Terrace, how many other affordable housing properties (and units) are there in Davenport?
In addition to Cobblestone Terrace, we list 39 other affordable properties in Davenport. Learn about these properties here. Our data research shows that there are a total of 1982 affordable units in Davenport.
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