Affordable Housing Qualifications
Iris Gardens participates in the Low-Income Housing Tax Credit program. Maximum household income limits and applicable full-time student eligibility rules apply.
Eligibility is determined using gross annual household income before taxes or deductions, including earned and unearned income. Examples may include wages, Social Security, unemployment benefits, child support, public assistance, retirement payments, investment income, and certain recurring gifts or other income sources, as applicable under program rules.
Applicants must provide documentation needed to verify household income, assets, and student status for each household member. Household income must meet the limits for the applicable household size and income designation.
Maximum Household Income Limits
60%
$69,960
$79,980
$89,940
$99,960
$107,940
$115,920
$123,900
Occupancy Standards
2026 Monthly Rent Rates
Illustrative source-property rent figures; update for Iris Gardens and confirm whether utilities or other charges are included.
60%
$1,658
$1,754
$2,098
$2,413
Additional Qualification and Rent Information
Rent is generally tied to the designated unit rent schedule, rather than recalculated based on an individual household’s exact income. Confirm the applicable lease terms and program restrictions for this property.
Published rents may be revised when applicable income and rent limits are updated. All quoted rents and fees should be confirmed with the leasing office.
Iris Gardens requires minimum household income of 2 times the monthly rent, subject to applicable law, subsidy arrangements, and reasonable accommodation requirements. Example: monthly rent of $1,698 would require monthly qualifying income of $3,396.
Iris Gardens accepts Section 8 Housing Choice Vouchers and other rental assistance programs, consistent with applicable requirements.