As of May 2023, the average apartment rent in Council Bluffs, IA is $859 for a studio, $956 for one bedroom, $999 for two bedrooms, and $1,193 for three bedrooms. Social Housing Providers and Associations Simply put, a 10% jump in the cost of electricity or an 8% increase in staff salaries due to inflation would have a significant impact on an existing propertys overall operating expenses, as well as the projections for a property under construction. Check out Fannie Maes tools and checklists to help renters navigate each step of the rental process. 2023 Multi-Housing News. Low Income Apartments For Rent in Council Bluffs IA - 38 Rentals However, as rents at market-rate properties have risen sharply over the past year, more traditionally affordable markets are also seeing a significant advantage in LIHTC rents. Some of the major employers in Council Bluffs include casinos, manufacturing plants, and tech giant Google. While this column focuses on affordable housing, due consideration in these other tax incentive areas is needed as well. We all deserve a place to call home. LIHTC rents were at 67% of market rents in 2015 but dropped to just 60% of rents by the end of 2021. TTY: 202-708-1455, Privacy Policy | Web Policies | Accessibility | Sitemap, Privacy Policy | Web Policies | Accessibility | Sitemap, Congressional / Intergovernmental Relations, ABA Commission on Homelessness and Poverty, American Association of People with Disabilities, American Enterprise Institute for Public Policy Research, American Network of Community Options and Resources (ANCOR), Center for Community Economic Development, Citizen's Housing and Planning Association, Council of Large Public Housing Authorities/CLPHA, Council of State Community Development Agencies, Federal Financial Institutions Examination Council, Federal Reserve System, Board of Governors, International Economic Development Council, Joint Center for Political and Economic Studies, Low-Income Home Energy Assistance Program (LIHEAP) Clearinghouse, Mexican-American Legal Defense & Educational Fund, National Affordable Housing Management Association, National Association of County Community and Economic Development, National Association of Development Organizations, National Association of Hispanic Real Estate Professionals (NAHREP), National Association of Housing and Redevelopment Officials (NAHRO), National Association of Independent Fee Appraisers, National Association of Latino Elected and Appointed Officials, National Association of Local Housing Finance Agencies, National Association of Mortgage Planners, National Association of Real Estate Appraisers, National Association of Independent Real Estate Brokers, National Association of Regional Councils, National Association of Residential Property Managers, National Association of Review Appraisers & Mortgage Underwriters, National Association of State Budget Officers, National Association of Towns and Townships (NATaT), National Clearinghouse for Families & Youth, National Community Development Association, National Community Reinvestment Coalition, National Conference of State Legislatures, National Conference of States on Building Code Standards, National Congress for Community Economic Development, National Council of State Housing Agencies, National Health Care for the Homeless Council, National Housing & Rehabilitation Association, National Reverse Mortgage Lenders Association, National Student Campaign Against Hunger & Homelessness, Ohio-Kentucky-Indiana Regional Council of Governments, Partnership for Advancing Technology in Housing (PATH), The Pratt Institute Center for Community and Environmental Development (PICCED), Public Housing Authorities Directors Association, Real Estate Services Providers Council (RESPRO), National Council for Urban Economic Development, National Foundation of Manufactured Home Owners.
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