Legacy Manor of Mason City II

About This Building

Legacy Manor of Mason City II: Affordable Housing Option in Mason City, IA Affordable Housing Support: - Legacy Manor of Mason City II is a low-income housing tax credit (LIHTC) apartment located in Mason City, IA. - These rental apartments are supported by the LIHTC program, ensuring affordable housing options for low-income individuals. - The program enforces income restrictions and offers program rent suitable for individuals in need. Incentives for Affordable Housing: - The LIHTC program provides incentives to builders and developers, encouraging the provision of affordable housing options. - The maximum rent charged is determined by the Area Median Income (AMI), ensuring affordability for low-income individuals. - However, it is essential to note that the AMI-based rent may still be unaffordable for some low-income individuals. Determining Affordability: - To determine if this apartment is financially feasible for you, please check the current rental rates. - The rental rates may vary based on the AMI and other factors, so it is important to assess affordability before applying. Application Process: - Considering the high demand for apartments, it is common for most places to have waiting lists. - We provide the contact information below for you to directly inquire about applying and whether you qualify to live at Legacy Manor of Mason City II.