Waterloo, IA Low Income Housing: A Comprehensive Guide

Qualifying For Low Income Housing in Waterloo, IA

How do I qualify for low income housing in Waterloo, IA?
To qualify for low income housing in Iowa, you must meet the following income requirements:

Your household income must be below 80% of the area median income (AMI). The AMI is updated annually by the Department of Housing and Urban Development (HUD) and varies by county.

You must have a valid Social Security number or Individual Taxpayer Identification Number (ITIN).

You must be a U.S. citizen or a legal immigrant.

In addition to the income requirements, you may also need to meet other eligibility requirements, such as:

- You must not have been evicted from any public housing or Section 8 housing in the past three years.
- You must not have any outstanding felony convictions for drug-related offenses.
- You must not be a registered sex offender.

Types of Low Income Housing in Waterloo, IA

There are a variety of low-income housing options available in Waterloo, IA, including:

Public Housing: Public housing is owned and operated by your area Housing Authority. Public housing units are rented to low-income households at below-market rates.
Section 8 Housing Choice Vouchers: Section 8 is a federal program that provides rental assistance to low-income households. Vouchers can be used to rent apartments, townhouses, or single-family homes from private landlords.
Low Income Housing Tax Credit (LIHTC): LIHTC is a federal program that provides tax credits to developers who build or renovate affordable housing units. LIHTC units are typically rented at below-market rates.
Project-Based Section 8: Project-based Section 8 is a federal program that provides rental assistance to low-income households who live in specific apartment buildings or housing developments.
Very Low Income Housing Development (VLID): VLID is a federal program that provides grants to states and local governments to fund the development of affordable housing for low-income households.

In addition to these federal programs, there are also a number of state and local programs that provide low-income housing assistance in Waterloo, IA. These programs may offer rental assistance, down payment assistance, or other forms of financial assistance to help low-income households afford housing.

PublicHousing.com puts together our list of properties using the above program listings all on one website.

We display monthly rates for the apartments when possible. Most of subsidized apartments base the rent on income, therefore, you will need to contact the apartment directly for rates. We list all pertinent contact information.

HUD Fair Market Rent For Waterloo, Iowa - Black Hawk County

Studio Apartments $640

One Bedroom Apartments $737

Two Bedroom Apartments $944

Three Bedroom Apartments $1,250

List of Low Income Housing in or near Waterloo, IA

Waterloo Housing Authority - Waterloo

620 Mulberry St. 102
Waterloo, IA - 50703
(319)233-0201
Waterloo Housing Authority provides housing assistance to low income residents through the management of programs such as Low Rent Public Housing and the Housing Choice Voucher Program - Section 8. These programs are income based and the eligibility guidelines are set by HUD. There may be waiting lists for rentals or vouchers and at times these lists may close to new applicants based on the size of and length of wait on the lists due to the overwhelming need for housing assistance. If yo...see full details
Black Hawk County

See What Other Users Are Saying
Apartment Costs (user reports): $650
* See More User Reports on apartment costs

Iowa Northland Regional Housing Authority - Waterloo

2101 Kimball Ave. Ste 300
Waterloo, IA - 50702
(319) 272-1945
Iowa Northland Regional Housing Authority provides housing assistance to low income residents through the management of the Housing Choice Voucher Program - Section 8. This program is income based and the eligibility guidelines are set by HUD. There may be a waiting list for vouchers and at times the list may close to new applicants based on the size of and length of wait on the list due to the overwhelming need for housing assistance. If you are in need of assistance in the area please ...see full details
Black Hawk County

Family Management Credit Counselors, - Waterloo

1409 W 4th St
Waterloo, IA - 50702
319-234-6695
This is a HUD Approved Housing Counseling Agency. Contact them for assistance for the following: Fair Housing Pre-Purchase Education Workshops Financial Management Budget Counseling Home Improvement and Rehabilitation Counseling Mortgage Delinquency and Default Resolution Counseling Non-Delinquency Post Purchase Workshops for Homeowners Pre-purchase Counseling Pre-purchase Homebuyer Education Workshops Predatory Lending Education Workshops Rental Housing Counseling Services for Homeless Counsel...see full details
Black Hawk County

Mt. Carmel Elderlyhandicapped Assoc. - Waterloo

1640 Mt Carmel Dr
Waterloo, IA - 50703
319-236-1074
Mt. Carmel Elderlyhandicapped Assoc. is a senior low income housing apartment subsidized by the federal governments HUD (Housing and Urban Development Division). Contact Mt. Carmel Elderlyhandicapped Assoc. for complete details on the current vacancies and housing applications....see full details
Black Hawk County