Emerson Point

About This Building

Emerson Point: An Affordable Housing Option for Low-Income Individuals Overview: Located in Iowa City, IA, Emerson Point is a low-income housing tax credit apartment complex. It offers rental apartments with affordable rates supported by the LIHTC program. These apartments are subject to income restrictions, ensuring a truly affordable housing option for eligible individuals. LIHTC - Bridging the Gap: In order to promote affordable housing for low-income persons, the LIHTC program presents incentives to builders and developers. Emerson Point is one such endeavor, representing a commitment to providing affordable homes for those in need. Income-Based Rent System: Emerson Point implements an income-based rent system, tying the maximum rent charged for apartments to the Area Median Income (AMI). This approach ensures that individuals with lower incomes can access housing at rates that are aligned with their financial capabilities. Spacious Living Options: At Emerson Point, you can choose from a total of 54 low-income apartments. Each unit is thoughtfully designed to provide comfortable living spaces that cater to the diverse needs of the residents. Application Process: Considering the high demand for affordable housing, it is important to note that waiting lists are common these days. To determine your eligibility and explore the possibility of becoming a part of Emerson Point, we recommend reaching out to them directly. Contact the provided number, and they will guide you through the application process and qualification criteria. Discover Affordable Living at Emerson Point: If you are seeking an affordable housing solution in Iowa City, Emerson Point is an excellent choice. With its LIHTC support, income-based rent system, and commitment to offering quality living options, it strives to make a positive impact on the lives of low-income individuals.