Iowa

Tax credit apartments in Council Bluffs, IA

HUD's database lists 23 properties in Council Bluffs built or rehabbed with low-income housing tax credits: 1,283 apartments, 1,204 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 Listings come from HUD's database and may be out of date.

1613 S 13th St

1613 S 13th St, Council Bluffs, IA 51501

Apartments
3
Income-restricted
3
Placed in service
1988

3205 12th Ave

3205 12th Ave, Council Bluffs, IA 51501

Apartments
12
Income-restricted
12
Placed in service
1990

Beacon Place

2400 S 19th St, Council Bluffs, IA 51501

3 1BR, 31 2BR, 6 3BR

Apartments
40
Income-restricted
40
Placed in service
2013

Bennett Building

405 W Broadway, Council Bluffs, IA 51503

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

Apartments
30
Income-restricted
30
Placed in service
2001

Bluffs Towers Apartments

38 Pearl St, Council Bluffs, IA 51503

HUD lists it as senior housing · 39 studio, 29 1BR, 1 2BR, 1 4BR

Apartments
70
Income-restricted
70
Placed in service
2018

Chapel Ridge Of Council Bluffs

4506 Chapel Ridge Ln, Council Bluffs, IA 51501

16 1BR, 88 2BR, 48 3BR, 8 4BR

Apartments
160
Income-restricted
112
Placed in service
2004

Dara Investment

3213 12th Ave, Council Bluffs, IA 51501

Apartments
16
Income-restricted
16
Placed in service
1993

Featherstone Apts

901 N 35th St, Council Bluffs, IA 51501

21 1BR, 65 2BR, 47 3BR, 14 4BR

Apartments
147
Income-restricted
147
Placed in service
1999

Graceview Courtyard (Immanuel Elderly Housing Ii)

1681 College Road, Council Bluffs, IA 51503

HUD lists it as senior housing · 28 1BR, 28 2BR

Apartments
56
Income-restricted
56
Placed in service
2020

Graceview Courtyard Phase II

1689 College Road, Council Bluffs, IA 51503

HUD lists it as senior housing · 9 studio, 56 1BR

Apartments
65
Income-restricted
58
Placed in service
2023

Harvester Artist Lofts

1000 S Main St, Council Bluffs, IA 51503

2 studio, 10 1BR, 19 2BR, 5 3BR

Apartments
36
Income-restricted
36
Placed in service
2010

Heartland Homes

1503 Ave J, Council Bluffs, IA 51501

2 1BR, 8 2BR, 6 3BR

Apartments
16
Income-restricted
16
Placed in service
2008

New Visions Center

1435 N 15th St, Council Bluffs, IA 51501

26 studio

Apartments
26
Income-restricted
26
Placed in service
2008

Parkwild I

649 Parkwild Dr, Council Bluffs, IA 51503

Apartments
48
Income-restricted
48
Placed in service
1998

Prime Square Apts

822 S Main St, Council Bluffs, IA 51503

HUD lists it as senior housing · 50 1BR, 30 2BR

Apartments
80
Income-restricted
56
Placed in service
2008

Salisbury Court

1831 Nash Blvd, Council Bluffs, IA 51501

10 2BR, 8 3BR

Apartments
18
Income-restricted
18
Placed in service
2006

Sherwood Place

2331 Sherwood Dr, Council Bluffs, IA 51503

16 2BR, 16 3BR

Apartments
32
Income-restricted
32
Placed in service
2001

The Bluffs Apts

2065 Nash Blvd, Council Bluffs, IA 51501

32 1BR, 80 2BR, 12 3BR

Apartments
124
Income-restricted
124
Placed in service
1996

The Bluffs Apts Phase II

2095 Nash Blvd, Council Bluffs, IA 51501

16 1BR, 54 2BR, 8 3BR

Apartments
78
Income-restricted
78
Placed in service
1996

The Rose Of Council Bluffs

2306 Sherwood Dr, Council Bluffs, IA 51503

HUD lists it as senior housing · 71 1BR, 5 2BR

Apartments
76
Income-restricted
76
Placed in service
2011

Thornbury Way

1951 Nash Blvd, Council Bluffs, IA 51501

20 2BR, 6 3BR, 4 4BR

Apartments
30
Income-restricted
30
Placed in service
2004

Western Trails Apts

3201 Renner Dr, Council Bluffs, IA 51501

45 2BR, 45 3BR

Apartments
90
Income-restricted
90
Placed in service
1997

Western Trails II Apts

3201 Renner Dr, Council Bluffs, IA 51501

HUD lists it as senior housing · 18 2BR, 12 3BR

Apartments
30
Income-restricted
30
Placed in service
1999

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.