Country Hill Apartments

611 Ashton Pl NE, Cedar Rapids, Iowa 52402

Contact Country Hill Apartments

Message Country Hill Apartments

Country Hill Apartments Details

  • 92 units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Cedar Rapids Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Cedar Rapids but actual income limits may differ for units at Country Hill Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $31,300 $35,750 $40,200 $44,650 $48,250 $51,800 $55,400 $58,950
Low Income (60%) $37,560 $42,900 $48,240 $53,580 $57,900 $62,160 $66,480 $70,740

Country Hill Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially 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.

Country Hill Apartments is managed by Seldin Company.

Nearby Low Income Apartment Communities

Valley View Apartments

427 Ashton Pl NE
Cedar Rapids, IA
Income Based
1-3 BR
HCV Welcome

Country Hill

635 Ashton Place N.E.
Cedar Rapids, IA
Call For Rent
1-2 BR
HCV Welcome

Crestwood Ridge Apartments

1200 Edgewood Rd NW
Cedar Rapids, IA
Income Based
1-3 BR
HCV Welcome
Market Rate

Edgewood

3404 Queen Drive S.W.
Cedar Rapids, IA
Income Based
1-2 BR
62+
Accessible
HCV Welcome