Affordable Housing In Le Claire
Scott County Iowa

2 Low Income Apartment Communities In Le Claire

Park Terrace Apartments

302 Wisconsin St
Le Claire, IA
Subsidized

Park Run

1701 Iowa Dr
Le Claire, IA
HCV Welcome
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There are 2 low income housing apartment complexes which contain 68 affordable apartments for rent in Le Claire. Many of these rental apartments are income based housing with 32 apartments that set rent based on your income. In Le Claire, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 36 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Le Claire

Housing Authority Programs
Eastern Iowa Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-sufficiency

Guide To Affordable Housing in Le Claire, Iowa

Le Claire, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 68
Total Rent Assisted Apartments 32
Percentage of Housing Units Occupied By Renters 19.39%
Average Renter Household Size 2.04
Total Population 3,888
Housing Units 1,614
Average Household Size 2.41
Median Household Income $77,127 ±$7,603
Median Rent $691 ±$134
Percentage Of Renters Overburdened 26.2% ± 15.93pp

Population and Household Demographics

Le Claire is a City in Scott County, Iowa with a population of 3,888. There are 1,614 households in the city with an average household size of 2.41 persons. 19.39% of households in Le Claire are renters.

Income and Rent Overburden in Le Claire

The median gross income for households in Le Claire is $77,127 a year, or $6,427 a month. The median rent for the city is $691 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Le Claire, a household making less than $2,303 a month would be considered overburdened when renting an apartment at or above the median rent. 26.2% of households who rent are overburdened in Le Claire.1

Area Median Income In Le Claire

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Le Claire, the AMI is calculated from all households within Scott County.

In Le Claire, HUD calculates the Area Median Income for a family of four as $72,700

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Le Claire

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Le Claire HUD Rental Assistance in Le Claire

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,300 $17,450 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,450 $29,100 $32,750 $36,350 $39,300 $42,200 $45,100 $48,000
80% of Median $40,750 $46,550 $52,350 $58,150 $62,850 $67,500 $72,150 $76,800
Low Income Housing Tax Credits in Le Claire

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 2005 to 2005, 1 low income apartment communities containing 35 rental apartments have been constructed and made affordable to low income persons in Le Claire by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Le Claire

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $30,540 $34,920 $39,300 $43,620 $47,160 $50,640 $54,120 $57,600

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Le Claire is $39,300 a year, or $3,275 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,275 by 30% to get a maximum rent of $983 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $636 $682 $819 $946 $1,055 $1,164
60% $764 $818 $983 $1,135 $1,266 $1,397
Fair Market Rents in Le Claire

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$556 $648 $830 $1,087 $1,225