Cobblestone Terrace

1102 W 12th St, Davenport, IA 52804

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
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Waitlist Forecast

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.

Dave's Thoughts On Cobblestone Terrace

Because Cobblestone Terrace participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units and the type of LIHTC program, additional units may have even lower household income requirements and corresponding lower rent caps.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Cobblestone Terrace

*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
50% AMI for LIHTC Units $30,950 / year $35,400 / year $39,800 / year $44,200 / year $47,750 / year $51,300 / year $54,850 / year $58,350 / year
50% AMI for PBRA Units $30,950 / year $35,400 / year $39,800 / year $44,200 / year $47,750 / year $51,300 / year $54,850 / year $58,350 / year
60% AMI for LIHTC Units $37,140 / year $42,480 / year $47,760 / year $53,040 / year $57,300 / year $61,560 / year $65,820 / year $70,020 / year

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

FAQs for Cobblestone Terrace

Does Cobblestone Terrace have a waiting list?

Cobblestone Terrace 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 Cobblestone Terrace?

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 Cobblestone Terrace, how many other affordable housing properties (and units) are there in Davenport?

In addition to Cobblestone Terrace, we list 39 other affordable properties in Davenport. Learn about these properties here. Our data research shows that there are a total of 1982 affordable units in Davenport.

Listings Near Cobblestone Terrace

Riverwalk Lofts

420 W River Dr, Davenport, Iowa 52801

Harrison Lofts

1420 N Harrison St, Davenport, Iowa 52803

Brady Village

1928 E 38th Street, Davenport, Iowa 52807

Castlewood Apartments

2130 Emerald Dr, Davenport, Iowa 52804

Pine Knoll

2504 Telegraph Rd., Davenport, Iowa 52804

Lafayette Square

625 W. 4th St., Davenport, Iowa 52801

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.