Asbury Meadows

2325 Radford Road

ASBURY, IA 52002

Affordable Housing Apartments For Family

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Contact information

Property phone: (563) 588-1963

Contact phone: (563) 588-1963

Website: https://eirha.org/

Housing details

Property type: Affordable Housing Apartments

Population served: Family

Bedrooms available: 12 Two Bedroom Units, 14 Three Bedroom Units, 6 Four Bedroom Units

Total units: 32

Details: In March 2005, the Corporation was awarded Low Income Housing Tax Credits (LIHTC) from IFA and HOME funds from the Iowa Department of Economic Development to construct a 32-unit 2, 3 and 4 bedroom housing development for low to moderate income households in Asbury. The new for-profit entity was formed as a subsidiary of EIRHC, the Asbury E.I.R.P., L.L.L.P., is the General Partner in the housing project. The for profit entity, Eastern Iowa Development Corporation (formerly known as Evergreen Meadows, Inc.), was also developed and is a wholly owned subsidiary of the EIRHC. Lease-up of the units began July, 2006 with final lease-up October 2006. The Syndicators, Enterprise Housing Partners XI Limited Partnership (EHPII), limited partner interest in the Asbury E.I.R.P., L.L.L.P. was fulfilled on December 31, 2020 and transferred to the new General Partner, the Eastern Iowa Regional Housing Corporation (EIRHC). On January 1, 2021, the Asbury E.I.R.P., L.L.LP. transferred the Limited Partnership interest for debt only, for the Asbury Meadows Tax Credit property to the Eastern Iowa Regional Housing Corporation. The EIRHC intends to maintain the property as affordable housing over the extended use period. Amenities: central air conditioning, garbage disposal, washer/dryer hookups in units, coin operated washers/dryers located in the Community Room, dishwasher, microwave, ceiling fans, off-street parking, storage, computer center with internet, playground and pavilion area, maintenance staff (on-call), Site Manager available Monday-Friday during office hours.

Application information

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Amenities and utilities

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