1110 N. 10th St., Denison, IA 51442
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 4 Beds | 1 Bath | - |
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.
Designed with your budget and lifestyle in mind, Hilldale Estates operates under the Iowa Finance Authority’s Affordable Housing Plan. While not a rent subsidiary program, the community is designed to meet the housing needs of individuals and families in the low to moderate income ranges.
By participating in this program, they can offer you beautiful new apartment homes at prices you are not likely to find elsewhere. However, upon moving in, their residents must not exceed current published income levels, based on family size.
Their unique duplex and four-plex style properties offer spacious one and two-bedroom suites and family-size four bedroom units. Each apartment home includes a private entrance, designer color schemes, neutral carpet colors, contemporary styled cabinetry, easy-care vinyl flooring in kitchens and baths, fully equipped kitchens with refrigerator, range, exhaust fan, and microwave. Pre-wired outlets for optional cable TV, spacious closets, washer and dryer hook-ups, and full window treatments are also standard.
Also included in your rental is the use of the Hilldale Estates Community Clubhouse and Resource Center which features a gathering room complete with kitchen, and computer lab with a printer.
Because Hilldale Estates 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. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| Four Bedroom (4/1) | - | 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 | $29,400 / year | $33,600 / year | $37,800 / year | $41,950 / year | $45,350 / year | $48,700 / year | $52,050 / year | $55,400 / year |
| 50% AMI for PBRA Units | $29,400 / year | $33,600 / year | $37,800 / year | $41,950 / year | $45,350 / year | $48,700 / year | $52,050 / year | $55,400 / year |
| 60% AMI for LIHTC Units | $35,280 / year | $40,320 / year | $45,360 / year | $50,340 / year | $54,420 / year | $58,440 / year | $62,460 / year | $66,480 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Hilldale Estates have a waiting list?
Hilldale Estates 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 Hilldale Estates?
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 Hilldale Estates, how many other affordable housing properties (and units) are there in Denison?
In addition to Hilldale Estates, we list 4 other affordable properties in Denison. Learn about these properties here. Our data research shows that there are a total of 179 affordable units in Denison.
When was the Hilldale Estates listing last updated?
Hilldale Estates 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.
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