Bluffs Towers Apartments

38 Pearl St, Council Bluffs, Iowa 51503

Bluffs Towers Apartments, located at 38 Pearl St in Council Bluffs, has studio, one and two bedroom apartments. Bluffs Towers Apartments participates in the Section 8 Project-Based Rental Assistance and Low-Income Housing Tax Credit (LIHTC) programs.

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Units

Unit (Bd/Ba) Ft2 Rent
studio (Studio/1) - Income Based
1 Bedroom (1/1) - Income Based
2 Bedroom (2/1) - Income Based

Bluffs Towers Apartments Details

  • 70 studio, one and two bedroom units.
  • Project-Based Rental Assistance
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Controlled Access
  • Community Room
  • Library
  • Laundry Room(s)
  • Smoke Free
  • Storage (in unit)
  • Free Parking
  • On-site Laundry

Unit Amenities

  • Dishwasher
  • Microwave
  • Refrigerator
  • Stove

About Bluffs Towers Apartments

***CURRENTLY UNDER RENOVATION***   Property sits just across from Bayliss Park in Council Bluffs and consists of 41 studio apartments, 28 one-bedroom apartments and 1 two-bedroom. Controlled access to building, free wi-fi, on-site laundry room, community room, library, fitness area, storage units in basement, bike racks and limited free parking. This property is Smoke-Free. Applicants must be 62 or older, handicapped or disabled.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

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.

Council Bluffs HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Council Bluffs but actual income limits may differ for units at Bluffs Towers Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,100 $20,650 $23,250 $25,800 $30,170 $34,590 $39,010 $43,430
50% $30,100 $34,400 $38,700 $43,000 $46,450 $49,900 $53,350 $56,800
80% $48,200 $55,050 $61,950 $68,800 $74,350 $79,850 $85,350 $90,850

These general income qualifications for Council Bluffs, Iowa should only be used as a basic guide. To find out if you qualify, contact the community directly.

You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.

Bluffs Towers Apartments receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.

Bluffs Towers Apartments is managed by Knudson Management Co, Inc.

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