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Mississippi Terrace

111 S 2nd St, Keokuk, Iowa 52632

Mississippi Terrace Details

  • 212 bedroom units.
  • Public Housing

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

Keokuk HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Keokuk but actual income limits may differ for units at Mississippi Terrace.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,600 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% $24,300 $27,800 $31,250 $34,700 $37,500 $40,300 $43,050 $45,850
80% $38,850 $44,400 $49,950 $55,500 $59,950 $64,400 $68,850 $73,300

These general income qualifications for Keokuk, Iowa should only be used as a basic guide. To find out if you qualify, contact the community directly.

You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.

Mississippi Terrace receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.

Mississippi Terrace is managed by Keokuk Housing Authority.

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