Midamerica Housing Partnership

About This Building

Heading: Midamerica Housing Partnership: Building and Enhancing Affordable Housing in Iowa Heading: Growth and Expansion of MAHP: From Non-profit to Property Management Corporation Midamerica Housing Partnership (MAHP) is a private non-profit housing development organization dedicated to constructing, preserving, and improving affordable housing. Since its establishment in 1992, MAHP has experienced significant growth, evolving from a budding non-profit in Cedar Rapids to a comprehensive development, construction, and property management corporation. MAHP serves a diverse range of eleven urban and rural communities, creating and offering housing options for families, the elderly, and disabled individuals to support economic development throughout Iowa. Heading: Providing Housing Solutions: Rental Units and Management MAHP has successfully developed a total of 503 rental units, proudly including 93 units tailored for the elderly and an additional 18 units accommodating individuals with disabilities. Additionally, the organization actively manages 409 housing units. As of October 27, 2005, MAHP had effectively provided shelter for 346 families, totaling 846 individuals, with 424 of them being children. Notably, the average household income had slightly increased from $12,268 in 2004 to $12,614. Heading: Addressing the Needs of Low-income Households in Cedar Rapids The 2000 census highlights the pressing issue of poverty and housing affordability in Cedar Rapids. Shockingly, it reveals that 12,371 households, equivalent to nearly one out of every four households, including 4,229 families, earn less than $25,000 per year. Additionally, a concerning 5,513 households allocate an excessive amount of their gross income (30% or more) towards rent. This further exacerbates the precarious living situations faced by low-income residents. Heading: The Urgent Need for Affordable Housing Solutions The census data also reveals that 8,843 individuals residing in Cedar Rapids are below the poverty line, with 2,523 children aged between five and eighteen falling within this category. Based on these alarming statistics, Midamerica Housing Partnership conservatively estimates that 3,709 low-income households in Cedar Rapids must confront severe cost burdens. These households face the constant fear of homelessness and often find themselves living in sub-standard housing conditions. (Note: The given text has been significantly modified while retaining the essential information. The rewritten text incorporates headings to create a structured format.)