About This Property
Lantern Grove Apts is a 20-unit apartment community in Washington, Iowa that provides low-income housing. The property has been in service since 1989 and operates as an affordable housing resource in Washington County.
Property Details
Fair Market Rent - Washington 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 | $606 |
| 1 Bedroom | $680 |
| 2 Bedroom | $894 |
| 3 Bedroom | $1,101 |
| 4 Bedroom | $1,253 |
Income Limits - Washington County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,650
- Low (80%)
- $44,200
- Extremely Low (30%)
- $18,950
- Very Low (50%)
- $31,600
- Low (80%)
- $50,500
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,550
- Low (80%)
- $56,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,650
- Low (80%)
- $68,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,800
- Low (80%)
- $73,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,950
- Low (80%)
- $78,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,100
- Low (80%)
- $83,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,650 | $44,200 |
| 2 Persons | $18,950 | $31,600 | $50,500 |
| 3 Persons | $21,960 | $35,550 | $56,800 |
| 4 Persons | $26,500 | $39,450 | $63,100 |
| 5 Persons | $31,040 | $42,650 | $68,150 |
| 6 Persons | $35,580 | $45,800 | $73,200 |
| 7 Persons | $40,120 | $48,950 | $78,250 |
| 8 Persons | $44,660 | $52,100 | $83,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Washington, IA?+
The Fair Market Rent (FMR) for Washington County, IA is: $606 (Studio), $680 (1BR), $894 (2BR), $1101 (3BR), $1253 (4BR). Actual rent at subsidized properties like Lantern Grove Apts is typically 30% of household income or less.
What are the income limits for affordable housing in Washington County, IA?+
For a 4-person household in Washington County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,450, Low Income (80% AMI): $63,100. These limits are set by HUD and updated annually.
Who manages Lantern Grove Apts?+
Lantern Grove Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Lantern Grove Apts?+
Lantern Grove Apts 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.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.