About This Property
Panora Assisted Living provides 11 units of assisted living housing in Panora, Iowa, with 10 units designated as low-income. The property has been in service since 2007 and serves elderly residents through a mix of 9 studio and 2 one-bedroom units. This non-profit-owned community offers supportive housing services in Guthrie County.
Property Details
Fair Market Rent - Guthrie 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 | $833 |
| 1 Bedroom | $899 |
| 2 Bedroom | $1,080 |
| 3 Bedroom | $1,477 |
| 4 Bedroom | $1,481 |
Income Limits - Guthrie County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,200
- Very Low (50%)
- $32,000
- Low (80%)
- $51,150
- Extremely Low (30%)
- $21,950
- Very Low (50%)
- $36,550
- Low (80%)
- $58,450
- Extremely Low (30%)
- $24,700
- Very Low (50%)
- $41,100
- Low (80%)
- $65,750
- Extremely Low (30%)
- $27,400
- Very Low (50%)
- $45,650
- Low (80%)
- $73,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $49,350
- Low (80%)
- $78,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $53,000
- Low (80%)
- $84,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $56,650
- Low (80%)
- $90,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $60,300
- Low (80%)
- $96,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,200 | $32,000 | $51,150 |
| 2 Persons | $21,950 | $36,550 | $58,450 |
| 3 Persons | $24,700 | $41,100 | $65,750 |
| 4 Persons | $27,400 | $45,650 | $73,050 |
| 5 Persons | $31,040 | $49,350 | $78,900 |
| 6 Persons | $35,580 | $53,000 | $84,750 |
| 7 Persons | $40,120 | $56,650 | $90,600 |
| 8 Persons | $44,660 | $60,300 | $96,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Panora, IA?+
The Fair Market Rent (FMR) for Guthrie County, IA is: $833 (Studio), $899 (1BR), $1080 (2BR), $1477 (3BR), $1481 (4BR). Actual rent at subsidized properties like Panora Assisted Living is typically 30% of household income or less.
What size apartments are available at Panora Assisted Living?+
Panora Assisted Living offers the following unit types: 9 Studio, 2 One-Bedroom units, for a total of 11 units.
What are the income limits for affordable housing in Guthrie County, IA?+
For a 4-person household in Guthrie County, IA, the income limits are: Extremely Low Income (30% AMI): $27,400, Very Low Income (50% AMI): $45,650, Low Income (80% AMI): $73,050. These limits are set by HUD and updated annually.
How do I apply for housing at Panora Assisted Living?+
Panora Assisted Living 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.
What is the price range for apartments in Panora, IA?+
Based on Fair Market Rent for Guthrie County, the estimated price range is: 1-bedroom: $899. Actual rent at Panora Assisted Living may be lower for income-eligible households.
Who manages Panora Assisted Living?+
Panora Assisted Living is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Panora Assisted Living?+
Panora Assisted Living primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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Nearby Schools
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