Baxter Park Apartments & Townhomes

206 Harrison Ct, Baxter, Iowa 50028

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Units

Unit (Bd/Ba) Ft2 Rent
2 BR (2/1) 720 Income Based
3 BR (3/1) 840 Income Based

Baxter Park Apartments & Townhomes Details

  • 16 two and three bedroom units.
  • Project-Based Rental Assistance

About Baxter Park Apartments & Townhomes

Baxter Park Apartments is located in picturesque Baxter, IA. Ideally located just over a half-hour from both Ames and Des Moines, Baxter offers small town living with easy accessibility to big city events and attractions. With the new addition of a city recreational complex and future plans for expansion, as well as easy access to the 22 mile Chichaqua Valley Recreational Trail, there is plenty of opportunity for outdoor recreation in this thriving community.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 515 properties, insures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Baxter HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,200 $17,400 $20,780 $25,100 $29,420 $33,740 $38,060 $42,380
50% $25,350 $29,000 $32,600 $36,200 $39,100 $42,000 $44,900 $47,800
80% $40,550 $46,350 $52,150 $57,900 $62,550 $67,200 $71,800 $76,450

Baxter Park Apartments & Townhomes receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Baxter Park Apartments & Townhomes is managed by T&L Properties LLC.

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