Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Corridor Woods

720 Foster Rd, Iowa City, IA, 52245

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Corridor Woods offers 22 three-bedroom units in Iowa City designed to serve families with low incomes. The property was placed in service in 2013 and receives 9% Low Income Housing Tax Credit funding. Management contact information is available upon request.

Waitlist Information

Waitlist managed by City of Iowa City Housing Authority

Public Housing Waitlist
Closed

Preferences previously included displaced by government or natural disaster, families with children, elderly or disabled, and households of two or more, with priority for those in the ICHA jurisdiction.

Last verified February 18, 2026
Section 8 (HCV) Waitlist
Closed

Preferences previously included elderly, disabled, local residency/employment/school, families with children, and those displaced by government action or natural disaster.

Last verified February 6, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
22
3 Bedroom
22

Fair Market Rent - Johnson County, IA

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$783
1 Bedroom$902
2 Bedroom$1,082
3 Bedroom$1,525
4 Bedroom$1,836

Income Limits - Johnson County, IA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$20,950
Very Low (50%)
$34,900
Low (80%)
$55,850
2 Persons
Extremely Low (30%)
$23,950
Very Low (50%)
$39,900
Low (80%)
$63,800
3 Persons
Extremely Low (30%)
$26,950
Very Low (50%)
$44,900
Low (80%)
$71,800
4 Persons
Extremely Low (30%)
$29,900
Very Low (50%)
$49,850
Low (80%)
$79,750
5 Persons
Extremely Low (30%)
$32,300
Very Low (50%)
$53,850
Low (80%)
$86,150
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$57,850
Low (80%)
$92,550
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$61,850
Low (80%)
$98,900
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$65,850
Low (80%)
$105,300

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Tax Credit Program Details

Year Placed in Service
2013
LIHTC Credit Type
9%
Low-Income Units
22 / 22
Target Population
Families

Frequently Asked Questions

What is the average rent for affordable housing in Iowa City, IA?+

The Fair Market Rent (FMR) for Johnson County, IA is: $783 (Studio), $902 (1BR), $1082 (2BR), $1525 (3BR), $1836 (4BR). Actual rent at subsidized properties like Corridor Woods is typically 30% of household income or less.

What size apartments are available at Corridor Woods?+

Corridor Woods offers the following unit types: 22 Three-Bedroom units, for a total of 22 units.

Who is eligible to live at Corridor Woods?+

Corridor Woods primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

What is the price range for apartments in Iowa City, IA?+

Based on Fair Market Rent for Johnson County, the estimated price range is: 3-bedroom: $1525. Actual rent at Corridor Woods may be lower for income-eligible households.

What are the income limits for affordable housing in Johnson County, IA?+

For a 4-person household in Johnson County, IA, the income limits are: Extremely Low Income (30% AMI): $29,900, Very Low Income (50% AMI): $49,850, Low Income (80% AMI): $79,750. These limits are set by HUD and updated annually.

Is there a waitlist for Corridor Woods?+

Public Housing waitlist is currently Closed. 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.

How do I apply for housing at Corridor Woods?+

Corridor Woods 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.

Who manages Corridor Woods?+

Corridor Woods is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Almost All Errands Require a Car

20
Walk
28
Transit
54
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Johnson County, IA

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