Project Independence

4002 Sherman St NE, Cedar Rapids, IA 52402

check_circleVerified for 2019 by Colleen Carter, Ric Gresia

Rent	Beds	Baths	SqFt
Call for Rents^†	Floorplan Info Upon Request	-	-

Call (319) 393-4799 Email

Income Qualification for Project Independence

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
30% AMI for PBRA Units	$19,900 / year	$22,750 / year	$25,600 / year	$30,000 / year	$35,140 / year	$40,280 / year	$45,420 / year	$50,560 / year
50% AMI for LIHTC Units	$33,150 / year	$37,850 / year	$42,600 / year	$47,300 / year	$51,100 / year	$54,900 / year	$58,700 / year	$62,450 / year
50% AMI for PBRA Units	$33,150 / year	$37,850 / year	$42,600 / year	$47,300 / year	$51,100 / year	$54,900 / year	$58,700 / year	$62,450 / year
80% AMI for PBRA Units	$53,000 / year	$60,600 / year	$68,150 / year	$75,700 / year	$81,800 / year	$87,850 / year	$93,900 / year	$99,950 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Project Independence

In addition to Project Independence, how many other affordable housing properties (and units) are there in Cedar Rapids?

In addition to Project Independence, 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.