509 N Maple St, Creston, IA 50801
Waiting List Forecast: Likely Short or None
Verified for 2024 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
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 Summit House Assoc. - 509 North Maple 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
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,650 / year | $33,900 / year | $38,150 / year | $42,350 / year | $45,750 / year | $49,150 / year | $52,550 / year | $55,950 / year |
| 50% AMI for PBRA Units | $29,650 / year | $33,900 / year | $38,150 / year | $42,350 / year | $45,750 / year | $49,150 / year | $52,550 / year | $55,950 / year |
| 60% AMI for LIHTC Units | $35,580 / year | $40,680 / year | $45,780 / year | $50,820 / year | $54,900 / year | $58,980 / year | $63,060 / year | $67,140 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Summit House Assoc. - 509 North Maple have a waiting list?
Summit House Assoc. - 509 North Maple 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 Summit House Assoc. - 509 North Maple?
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.
In addition to Summit House Assoc. - 509 North Maple, how many other affordable housing properties (and units) are there in Creston?
In addition to Summit House Assoc. - 509 North Maple, we list 11 other affordable properties in Creston. Learn about these properties here. Our data research shows that there are a total of 494 affordable units in Creston.
When was the Summit House Assoc. - 509 North Maple listing last updated?
Summit House Assoc. - 509 North Maple listing on Affordable Housing Online was last updated on 06/07/2024 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
203 W Montgomery Street, Creston, Iowa 50801
1501 N Lincoln St & 402 N Oak St, Creston, Iowa 50801
Do you have little or no income?
You can qualify for most rental assistance programs, including Section 8 and Public Housing, even if you have little or no income.Karan King says:
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