Iowa

Tax credit apartments in Muscatine, IA

HUD's database lists 11 properties in Muscatine built or rehabbed with low-income housing tax credits: 491 apartments, 473 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 Listings come from HUD's database and may be out of date.

Cedar Park Apts

1816 Logan St, Muscatine, IA 52761

48 2BR, 24 3BR

Apartments
72
Income-restricted
72
Placed in service
2006

Colorado Senior Lofts

400 Colorado St., Muscatine, IA 52761

HUD lists it as senior housing · 10 1BR, 41 2BR

Apartments
51
Income-restricted
45
Placed in service
2022

Cottage Grove

1503 Houser St, Muscatine, IA 52761

HUD lists it as senior housing · 40 1BR, 8 2BR

Apartments
49
Income-restricted
48
Placed in service
2001

Drake Schauland Apts

3009 Harmony Ln, Muscatine, IA 52761

9 1BR, 3 2BR

Apartments
12
Income-restricted
12
Placed in service
1998

Fulton Place

2815 Cedar St, Muscatine, IA 52761

16 1BR, 6 2BR

Apartments
22
Income-restricted
22
Placed in service
2006

Grandview Senior Lofts

1925 Grandview Avenue, Muscatine, IA 52761

HUD lists it as senior housing · 10 1BR, 41 2BR

Apartments
51
Income-restricted
45
Placed in service
2022

Harrison Lofts

1716 Bandag Ave, Muscatine, IA 52761

6 1BR, 34 2BR, 6 3BR, 6 4BR

Apartments
52
Income-restricted
52
Placed in service
2018

Oak Park Senior Living

913 Club House Dr, Muscatine, IA 52761

HUD lists it as senior housing · 48 2BR

Apartments
48
Income-restricted
48
Placed in service
2020

Steamboat Village Apartments

3108 Steamboat Way, Muscatine, IA 52761

14 2BR, 16 3BR, 12 4BR

Apartments
42
Income-restricted
37
Placed in service
2022

Sycamore Apts

2416 Park Ave, Muscatine, IA 52761

12 1BR, 48 2BR, 12 3BR

Apartments
72
Income-restricted
72
Placed in service
1996

Welch Apts

220 Iowa Ave, Muscatine, IA 52761

HUD lists it as senior housing · 4 studio, 7 1BR, 9 2BR

Apartments
20
Income-restricted
20
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.