Marion Manor I - IA

About This Building

Marion Manor I Apartments: Affordable Housing Option in Iowa Falls, IA Introduction: Marion Manor I Apartments offers a Low-Income Housing Tax Credit (LIHTC) apartment for those seeking affordable housing options in Iowa Falls, IA. Supported by the LIHTC program, these rental apartments adhere to program rent and income restrictions, making them a viable choice for low-income individuals. Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers to ensure the availability of affordable housing for low-income individuals. By participating in this program, Marion Manor I Apartments contributes to the community's efforts in offering suitable housing options. Rent Based on Area Median Income: To maintain affordability, Marion Manor I Apartments sets the maximum rent charged based on the Area Median Income (AMI). However, it's important to note that the AMI might still position this apartment as unaffordable for some low-income individuals. Therefore, it is advisable to check the current rental rates to determine its affordability to you. Ample Low-Income Housing: Marion Manor I Apartments consists of 24 low-income apartments, catering to the needs of the community. Considering the high demand for affordable housing, many apartments nowadays have waiting lists. However, this listing provides contact information for direct communication, allowing you to inquire about applying and qualifying for residency. Conclusion: Marion Manor I Apartments presents an opportunity for those in search of affordable housing in Iowa Falls, IA. Supported by the LIHTC program, this apartment complex adheres to income restrictions, ensuring its suitability for low-income individuals. Take the initiative to reach out via the provided contact number to determine if this housing option aligns with your needs and qualifications.