Marshalltown Senior Residences

About This Building

Marshalltown Senior Residences: Affordable Housing Option with LIHTC Support Overview: - Marshalltown Senior Residences is a Low-Income Housing Tax Credit (LIHTC) apartment situated in Marshalltown, IA. - This rental apartment offers affordability through the LIHTC program, which imposes rent and income restrictions. - The LIHTC program incentivizes builders and developers to provide housing for low-income individuals. - However, the maximum rent is determined based on the Area Median Income (AMI), making it potentially unaffordable for some low-income individuals. Apartment Details: - This apartment complex features 28 one and two bedroom apartments designed for low-income individuals. - Office Hours: Monday to Friday, from 8:30 am to 12:30 pm. Assessing Affordability: - Due to the AMI-based rent calculation, it is important to check the current rental rates to determine affordability for individual circumstances. - Please consider verifying the affordability through the provided contact number. Waiting List: - As is common with many apartments nowadays, there may be waiting lists. - We encourage you to directly contact Marshalltown Senior Residences using the provided number to inquire about availability and eligibility.