Maple River Apartments

About This Building

Affordable Housing Option in Ida Grove, IA: Maple River Apartments Introduction: Maple River Apartments, situated in Ida Grove, IA, offers a Low-Income Housing Tax Credit (LIHTC) apartment to individuals in need of affordable housing. Supported by LIHTC, these rental apartments have specific program rents and income restrictions to cater to low-income individuals. Incentives for Affordable Housing: The LIHTC program aims to encourage builders and developers in providing housing options for low-income individuals. By offering incentives, this program helps ensure affordable housing is made available to those who need it the most. Rent and Income Restrictions: The maximum rent charged at Maple River Apartments is determined by the Area Median Income (AMI). While this can cause affordability concerns for some low-income individuals, it is essential to check the current rental rates to determine if it fits within your budget. Apartment Details: Maple River Apartments offers 24 one and two-bedroom apartments specifically designed for low-income individuals. Despite the growing demand for such housing, waiting lists are common. However, you can reach out to the apartments directly using the provided contact number to inquire about the application process and determine if you qualify. Conclusion: Maple River Apartments presents an opportunity for affordable housing in Ida Grove, IA. By navigating the LIHTC program and considering the applicable income restrictions, interested individuals can explore this housing option and assess its affordability to meet their needs.