625 W. 4th St., Davenport, IA 52801
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 4 Beds | 1 - 2 Baths | - |
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.
48 units consisting of 2,3 and 4 bedroom apartments. Reserve your apartment now with a reservation deposit due at the time of application. Theme throughout the property is vintage automobiles. The community room is named in honor of the Buesing family who previously owned and operated an automotive garage on site for 50+ years.
Because Lafayette Square 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, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/1) | - | Call for Price† |
| Three Bedroom (3/2) | - | Call for Price† |
| Four Bedroom (4/2) | - | Call for Price† |
| 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.
Does Lafayette Square have a waiting list?
Lafayette Square 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 Lafayette Square?
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.
What property management company manges Lafayette Square?
Lafayette Square is managed by Velair Property Management headquartered in Minneapolis, MN.
In addition to Lafayette Square, how many other affordable housing properties (and units) are there in Davenport?
In addition to Lafayette Square, we list 82 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.
When was the Lafayette Square listing last updated?
Lafayette Square listing on Affordable Housing Online was last updated on 02/23/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
1420 N Harrison St, Davenport, Iowa 52803
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