About This Property
Legacy Manor of Waterloo provides 60 low-income housing units in Waterloo, Iowa, serving elderly residents. The property includes 30 one-bedroom and 30 two-bedroom units and has been in service since 2012, operating under a 9% Low-Income Housing Tax Credit program.
Waitlist Information
Waitlist managed by Waterloo Housing Authority
The Public Housing program accepts pre-applications for senior/disabled households for two communities, including Ridgeway Towers for those 62 and older, with some eligibility for those 55 and older. It does not serve families.
The waiting list for the Housing Choice Voucher (Section 8) program is currently closed. Previously, applicants needed to provide social security numbers, birth dates, general income, and bank account information.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Black Hawk County, IA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $640 |
| 1 Bedroom | $737 |
| 2 Bedroom | $944 |
| 3 Bedroom | $1,250 |
| 4 Bedroom | $1,602 |
Income Limits - Black Hawk County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,600
- Very Low (50%)
- $25,950
- Low (80%)
- $41,550
- Extremely Low (30%)
- $17,800
- Very Low (50%)
- $29,650
- Low (80%)
- $47,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,350
- Low (80%)
- $53,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,050
- Low (80%)
- $59,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,050
- Low (80%)
- $64,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,000
- Low (80%)
- $68,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,950
- Low (80%)
- $73,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,950
- Low (80%)
- $78,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,600 | $25,950 | $41,550 |
| 2 Persons | $17,800 | $29,650 | $47,450 |
| 3 Persons | $21,960 | $33,350 | $53,400 |
| 4 Persons | $26,500 | $37,050 | $59,300 |
| 5 Persons | $31,040 | $40,050 | $64,050 |
| 6 Persons | $35,580 | $43,000 | $68,800 |
| 7 Persons | $40,120 | $45,950 | $73,550 |
| 8 Persons | $44,660 | $48,950 | $78,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Waterloo, IA?+
The Fair Market Rent (FMR) for Black Hawk County, IA is: $640 (Studio), $737 (1BR), $944 (2BR), $1250 (3BR), $1602 (4BR). Actual rent at subsidized properties like Legacy Manor of Waterloo is typically 30% of household income or less.
What size apartments are available at Legacy Manor of Waterloo?+
Legacy Manor of Waterloo offers the following unit types: 30 One-Bedroom, 30 Two-Bedroom units, for a total of 60 units.
How do I apply for housing at Legacy Manor of Waterloo?+
Legacy Manor of Waterloo is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Is there a waitlist for Legacy Manor of Waterloo?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who is eligible to live at Legacy Manor of Waterloo?+
Legacy Manor of Waterloo primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Legacy Manor of Waterloo?+
Legacy Manor of Waterloo is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Black Hawk County, IA?+
For a 4-person household in Black Hawk County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,050, Low Income (80% AMI): $59,300. These limits are set by HUD and updated annually.
What is the price range for apartments in Waterloo, IA?+
Based on Fair Market Rent for Black Hawk County, the estimated price range is: 1-bedroom: $737, 2-bedroom: $944. Actual rent at Legacy Manor of Waterloo may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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