Mingo Dev Corp

601 E Main St
Mingo, Iowa

Property Details

24 units.
Project-Based Rental Assistance

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 515 properties, insures renters only pay 30% of their adjusted income towards rent.USDA Rural Development Rental Assistance may not be available for all units at this property.

Mingo HUD Rental Assistance Income Qualifications

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$15,200	$17,400	$20,780	$25,100	$29,420	$33,740	$38,060	$42,380
50%	$25,350	$29,000	$32,600	$36,200	$39,100	$42,000	$44,900	$47,800
80%	$40,550	$46,350	$52,150	$57,900	$62,550	$67,200	$71,800	$76,450

Mingo Dev Corp receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Affordable Housing Online has served low income renters in the U.S. for more than 15 years with the most complete and up-to-date info on low income housing, affordable housing, affordable apartments, subsidized housing, Public Housing and Section 8 Housing Choice Voucher (HCV) waiting list information. We provide current data on more than 77,500 apartment communities containing more than 6,229,000 apartment homes. We also provide detailed information about 4,058 local Public Housing Authorities (PHA) with housing authority contact, program, and current waiting list information - including instructions on how to apply for waiting lists and complete housing applications.