612 8th St, Sibley, IA 51249
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $375 per Month† | 1 Bed | 1 Bath | - |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
This is a wonderful and cozy site located in the heart of Sibley IA. Centrally located in Sibley, adjacent to the senior center and just a few blocks off main street! This property features 1 bedroom units that are all one level and a laundry facility onsite. Each unit has its own entrance, there are no shared hallways! The units also feature a covered porch for enjoying those warm summer evenings outside. The landlord is responsible for water, sewer, garbage and recycling.
Since Sibley Homes participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | $375† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $17,550 / year | $20,050 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $29,250 / year | $33,400 / year | $37,600 / year | $41,750 / year | $45,100 / year | $48,450 / year | $51,800 / year | $55,150 / year |
| 50% AMI for PBRA Units | $29,250 / year | $33,400 / year | $37,600 / year | $41,750 / year | $45,100 / year | $48,450 / year | $51,800 / year | $55,150 / year |
| 80% AMI for PBRA Units | $46,800 / year | $53,450 / year | $60,150 / year | $66,800 / year | $72,150 / year | $77,500 / year | $82,850 / year | $88,200 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Sibley Homes have a waiting list?
Sibley Homes probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Sibley Homes?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Sibley Homes?
Sibley Homes is managed by Paramark Real Estate Services headquartered in Rochester, Minnesota .
In addition to Sibley Homes, how many other affordable housing properties (and units) are there in Osceola County?
In addition to Sibley Homes, we list 2 other affordable properties in Osceola County. Learn about these properties here. Our data research shows that there are a total of 32 affordable units in Osceola County.
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Monica Blackwell says:
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