Aniston Village
1062 Chamberlain Dr, Iowa City, IA 52240
22 3BR
- Apartments
- 22
- Income-restricted
- 22
- Placed in service
- 2010
Iowa
Tax credit apartments in Iowa City, IA
HUD's database lists 14 properties in Iowa City built or rehabbed with low-income housing tax credits: 634 apartments, 621 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 Listings come from HUD's database and may be out of date.
Berry Court
2160 Taylor Dr, Iowa City, IA 52240
5 2BR, 9 3BR
- Apartments
- 14
- Income-restricted
- 14
- Placed in service
- 2007
Corridor Woods
720 Foster Rd, Iowa City, IA 52245
22 3BR
- Apartments
- 22
- Income-restricted
- 22
- Placed in service
- 2013
Del Ray Ridge LP
628 S Dubuque St, Iowa City, IA 52240
17 1BR, 16 2BR
- Apartments
- 33
- Income-restricted
- 29
- Placed in service
- 2020
Diamond Senior Apartments Of Iowa City
1030 William St, Iowa City, IA 52240
HUD lists it as senior housing · 19 1BR, 21 2BR
- Apartments
- 40
- Income-restricted
- 36
- Placed in service
- 2017
Emerson Point
1355 Shannon Dr, Iowa City, IA 52246
HUD lists it as senior housing · 54 1BR
- Apartments
- 54
- Income-restricted
- 54
- Placed in service
- 2003
Iowa City Iha Senior Housing I
1259 Shannon Dr, Iowa City, IA 52246
HUD lists it as senior housing · 28 1BR, 2 2BR
- Apartments
- 30
- Income-restricted
- 30
- Placed in service
- 2000
Lexington Place
1229 Shannon Dr, Iowa City, IA 52246
HUD lists it as senior housing · 28 1BR, 2 2BR
- Apartments
- 30
- Income-restricted
- 30
- Placed in service
- 2002
Melrose Ridge
4435 Melrose Ave, Iowa City, IA 52246
16 1BR, 2 2BR
- Apartments
- 18
- Income-restricted
- 18
- Placed in service
- 2007
Nex
671 Nex Ave, Iowa City, IA 52245
6 1BR, 12 2BR, 18 3BR
- Apartments
- 36
- Income-restricted
- 32
- Placed in service
- 2020
Pheasant Ridge
2626 Bartelt Rd, Iowa City, IA 52246
80 1BR, 80 2BR, 80 3BR, 8 4BR
- Apartments
- 248
- Income-restricted
- 248
- Placed in service
- 2017
Regency Heights Apts
1010 Scott Park Dr, Iowa City, IA 52245
HUD lists it as senior housing · 26 1BR, 10 2BR
- Apartments
- 37
- Income-restricted
- 36
- Placed in service
- 2000
Regency Heights Senior II
1060 Scott Park Dr, Iowa City, IA 52245
HUD lists it as senior housing · 23 1BR, 14 2BR
- Apartments
- 38
- Income-restricted
- 38
- Placed in service
- 2001
Whispering Garden
2417 Whispering Meadow Dr, Iowa City, IA 52240
12 3BR
- Apartments
- 12
- Income-restricted
- 12
- Placed in service
- 2006
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.