3404 Queen Drive Southwest, Cedar Rapids, IA 52404
Waiting List Forecast: Likely Short or None
Verified for 2017 by Rachel Overby, Ric Gresia, Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 2 Beds | 1 Bath | - |
Since this property is a LIHTC 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.
Welcome home to Edgewood Apartments, offering apartments in a warm and friendly neighborhood in Cedar Rapids, Iowa. Edgewood is a pet-friendly community and features some disability accessible homes. Our professionally managed and maintained apartments are within walking distance to popular super center stores, restaurants, and entertainment, providing residents with the utmost comfort of community living. Come experience it all at Edgewood Apartments.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Edgewood does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Rent is Based On Your Income† |
2 Bedroom (2/1) | - | Rent is Based On Your Income† |
AMI* | 1 person | 2 people | 3 people | 4 people |
---|---|---|---|---|
50% AMI for LIHTC Units | $33,150 / year | $37,850 / year | $42,600 / year | $47,300 / year |
50% AMI for PBRA Units | $33,150 / year | $37,850 / year | $42,600 / year | $47,300 / year |
60% AMI for LIHTC Units | $39,780 / year | $45,420 / year | $51,120 / year | $56,760 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Edgewood have a waiting list?
Edgewood 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 Edgewood?
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 Edgewood?
Edgewood is managed by Seldin Company headquartered in Omaha , Nebraska.
In addition to Edgewood, how many other affordable housing properties (and units) are there in Cedar Rapids?
In addition to Edgewood, we list 95 other affordable properties in Cedar Rapids. Learn about these properties here. Our data research shows that there are a total of 3145 affordable units in Cedar Rapids.
200 1st Ave NE, Cedar Rapids, Iowa 52401
1100 O Avenue, NW, Cedar Rapids, Iowa 52405
635 Ashton Place N.E., Cedar Rapids, Iowa 52402
1200 Edgewood Rd NW, Cedar Rapids, Iowa 52404
Housing options for persons with disabilities.
Many housing programs have apartments or properties restricted to residents with disabilities, including Section 811 Supportive Housing for Persons with DisabilitiesMargaret L. Bost says:
"I'm really happy I found Affordable Housing Online. Thank you so much for helping people with low incomes to be able to achieve their dream."