Chapel Ridge - C Bluffs, located at 4506 Chapel Ridge Lane in Council Bluffs, has one, two, three and four bedroom apartments. Chapel Ridge - C Bluffs participates in the Low-Income Housing Tax Credit (LIHTC) program.
|1 Bedroom (1/1)||-||Income Based|
|2 Bedroom (2/2)||-||Income Based|
|3 Bedroom (3/2)||-||Income Based|
|4 Bedroom (4/2)||-||Income Based|
If you're searching for the finest apartments in Council Bluffs, Iowa, look no further than Chapel Ridge of Council Bluffs. Our welcoming community is the perfect place to call home with all the benefits you desire as well as a variety of community features to enhance your modern lifestyle. With our beautiful clubhouse, fully-equipped fitness center, and sparkling swimming pool, residents will find everything they need close to home in order to relax and recharge. Our floor plans are also a sight to behold! You have the ability customize your home to your liking with upgradable features such as double vanity sinks, linen closets, and in-unit washer and dryers. Our friendly, on-site management and maintenance teams offer accommodations to suit your every request in a timely manner. As you can see, there's an array of enjoyable perks awaiting you at Chapel Ridge of Council Bluffs.
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.
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 Council Bluffs but actual income limits may differ for units at Chapel Ridge - C Bluffs.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$30,100||$34,400||$38,700||$43,000||$46,450||$49,900||$53,350||$56,800|
|Low Income (60%)||$36,120||$41,280||$46,440||$51,600||$55,740||$59,880||$64,020||$68,160|
Chapel Ridge - C Bluffs 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.
Chapel Ridge - C Bluffs is managed by Seldin Company.