Colfax Park

822 S Oak Park, Colfax, Iowa 50054

24 units

Waiting List is Closed

Colfax Park's waiting list is closed

Last updated on April 7th, 2021

Colfax Park Details

  • 24 bedroom units.
  • Section 515 Rural Rental Housing

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.

Colfax 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 Colfax but actual income limits may differ for units at Colfax Park.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,150 $28,750 $32,350 $35,900 $38,800 $41,650 $44,550 $47,400
Low Income (60%) $30,180 $34,500 $38,820 $43,080 $46,560 $49,980 $53,460 $56,880

Colfax Park is managed by Truverse Management.