Iowa

Tax credit apartments in Cedar Rapids, IA

HUD's database lists 30 properties in Cedar Rapids built or rehabbed with low-income housing tax credits: 1,990 apartments, 1,933 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

5560 6th St SW

5560 Sixth St SW, Cedar Rapids, IA 52404

Apartments: 46
Income-restricted: 46
Placed in service: 1991

Anderson Greene

69 Miller Ave. SW, Cedar Rapids, IA 52404

4 1BR, 30 2BR, 10 3BR

Apartments: 44
Income-restricted: 39
Placed in service: 2020

Anderson Greene II

53 Miller Ave SW, Cedar Rapids, IA 52404

9 1BR, 25 2BR, 14 3BR

Apartments: 48
Income-restricted: 43
Placed in service: 2021

Aossey Place

16 Aossey Ln SW, Cedar Rapids, IA 52404

HUD lists it as senior housing · 32 2BR

Apartments: 32
Income-restricted: 32
Placed in service: 1996

Ashton Flats

214 7th Avesw, Cedar Rapids, IA 52404

12 1BR, 24 2BR, 16 3BR

Apartments: 52
Income-restricted: 46
Placed in service: 2019

Ashton Square Apts

500 Ashton Pl NE, Cedar Rapids, IA 52402

Apartments: 96
Income-restricted: 96
Placed in service: 1992

Blairs Ferry Ltd

3305 Agin Ct NE, Cedar Rapids, IA 52402

24 2BR

Apartments: 24
Income-restricted: 24
Placed in service: 1995

Brown Apts

1234 Fourth Ave SE, Cedar Rapids, IA 52403

4 studio, 3 1BR, 5 2BR, 3 3BR

Apartments: 15
Income-restricted: 15
Placed in service: 2009

Cedar Pond Townhomes

3025 Williams Pkwy SW, Cedar Rapids, IA 52404

48 2BR, 42 3BR

Apartments: 90
Income-restricted: 90
Placed in service: 2011

Cedar Rapids Brickstone Lllp

627 6th Street SE, Cedar Rapids, IA 52403

14 1BR, 18 2BR, 11 3BR

Apartments: 43
Income-restricted: 43
Placed in service: 2023

Cedar View Apts

1100 O Ave NW, Cedar Rapids, IA 52405

HUD lists it as senior housing · 34 1BR, 11 2BR

Apartments: 45
Income-restricted: 36
Placed in service: 2010

Cedarwood Hills

2010 Glass Rd NE, Cedar Rapids, IA 52402

30 1BR, 90 2BR, 60 3BR

Apartments: 180
Income-restricted: 180
Placed in service: 2002

Commonwealth Senior Apartments

1400 2nd Ave SE, Cedar Rapids, IA 52403

HUD lists it as senior housing · 15 studio, 58 1BR, 11 2BR

Apartments: 84
Income-restricted: 77
Placed in service: 2016

Country Hill Apts II

611 Ashton Pl NE, Cedar Rapids, IA 52402

40 1BR, 32 2BR, 20 3BR

Apartments: 92
Income-restricted: 92
Placed in service: 1996

Cypress Lofts

1225 Jacolyn Dr SW, Cedar Rapids, IA 52404

6 1BR, 33 2BR, 12 3BR

Apartments: 51
Income-restricted: 45
Placed in service: 2019

Edgewood Apts

3320 Queen Dr SW, Cedar Rapids, IA 52404

HUD lists it as senior housing

Apartments: 96
Income-restricted: 96
Placed in service: 1994

Home To Stay

845 31st Ave SW, Cedar Rapids, IA 52404

6 1BR, 6 2BR, 10 3BR, 2 4BR

Apartments: 24
Income-restricted: 24
Placed in service: 2009

Irving Point

910 Seventh St SE, Cedar Rapids, IA 52401

HUD lists it as senior housing · 51 1BR, 4 2BR

Apartments: 55
Income-restricted: 55
Placed in service: 2008

Kingston Village

600 2nd St SW, Cedar Rapids, IA 52404

16 1BR, 32 2BR, 16 4BR

Apartments: 64
Income-restricted: 54
Placed in service: 2015

Legacy Manor Of Cedar Rapids

1350 Ahearn Dr NE, Cedar Rapids, IA 52402

HUD lists it as senior housing · 30 1BR, 30 2BR

Apartments: 60
Income-restricted: 60
Placed in service: 2013

Oak Hill Jackson Brickstone

951 Sixth St SE, Cedar Rapids, IA 52401

69 1BR, 27 2BR

Apartments: 97
Income-restricted: 96
Placed in service: 2011

Sonoma Square

5650 Muirfield Dr SW, Cedar Rapids, IA 52404

15 1BR, 12 2BR, 9 3BR

Apartments: 36
Income-restricted: 32
Placed in service: 2019

Sugar Creek Bend

2160 Sugar Creek Dr NW, Cedar Rapids, IA 52405

20 3BR

Apartments: 20
Income-restricted: 20
Placed in service: 2011

The Gables

2701 12th Ave SW, Cedar Rapids, IA 52404

10 3BR, 10 4BR

Apartments: 20
Income-restricted: 20
Placed in service: 2005

The Roosevelt

200 First Ave NE, Cedar Rapids, IA 52401

3 studio, 60 1BR, 33 2BR

Apartments: 96
Income-restricted: 92
Placed in service: 2010

The Way Home

5480 Kirkwood Blvd SW, Cedar Rapids, IA 52404

16 2BR, 8 3BR

Apartments: 24
Income-restricted: 24
Placed in service: 2007

Union At Wiley

4227 21st Avenue SW, Cedar Rapids, IA 52404

72 1BR, 72 2BR, 36 3BR

Apartments: 180
Income-restricted: 180
Placed in service: 2023

Valley View Apts

427 Ashton Pl NE, Cedar Rapids, IA 52402

24 1BR, 52 2BR, 20 3BR

Apartments: 96
Income-restricted: 96
Placed in service: 1996

Westdale Apartments (Aka The Avenue)

5200 16th Avenue SW, Cedar Rapids, IA 52404

76 1BR, 76 2BR

Apartments: 152
Income-restricted: 152
Placed in service: 2020

William B Quarton Pl

85 Harbet Ave NW, Cedar Rapids, IA 52405

22 studio, 6 1BR

Apartments: 28
Income-restricted: 28
Placed in service: 2003

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.