Dunlap Assisted Living

About This Building

Affordable Housing Option in Dunlap, IA with Low-Income Housing Tax Credit Introduction: Dunlap Assisted Living offers a Low-Income Housing Tax Credit apartment that provides an affordable housing option for residents in Dunlap, IA. Supported by the LIHTC program, these rental apartments come with specific rent and income restrictions to ensure affordability. LIHTC Incentives for Affordable Housing: The LIHTC program incentivizes builders and developers to offer housing options to low-income individuals. By participating in this program, Dunlap Assisted Living aims to provide affordable homes for those in need. The maximum rent charged for these apartments is determined based on the Area Median Income (AMI). Impact on Affordability: However, it is important to note that the AMI calculation can sometimes make this apartment unaffordable for low-income individuals. It is recommended to check the current rental rates to determine if the apartment fits your budgetary needs. Number of Low-Income Apartments: There are a total of 9 low-income apartments available at Dunlap Assisted Living. As demand for affordable housing is high, it is common for these apartments to have waiting lists. Application Process: To apply and determine eligibility for living in this establishment, it is advised to contact Dunlap Assisted Living directly at the provided contact number.