Affordable Housing

TBRA The purpose of Tenant Based Rental Assistance is to assist people in securing decent affordable housing.  This program provides eligible participants with the full rental deposit and 70% of the first month’s rent for housing units within the City of Waterloo.  All housing units must be inspected and meet or exceed Housing Quality Standards (HQS).  Inspections are performed at no cost by a qualified housing inspector.  To be eligible for this program, people need to be enrolled in FaDSS or on the Waterloo Housing Authority’s Section 8 waiting list. The program is administered by and applications are available through the FaDSS Program.

For Rent

Canterbury Apartments - 3601, 3605, 3615 Canterbury Court Waterloo, IA (located off Kimball & San Marnan)

• $462 / month plus deposit

• Section 8 welcome

• Large walk in closet off bedroom, linen closet, full bath

• Central air conditioning

• On-site laundry facilities (one per building)

• Garage units available

• Near bus routes (stop at Kimball & Rachael), Crossroads shopping

• Nearby schools: Lou Henry Elementary, Hoover Middle, and West High

Downloadable brochure here

900 Lexington, Independence, IA

• $376.00 per month

• 2 story, 2 bedroom apartment with central air. 

• Landlord supplies water, sewer & garbage. 

There are currently no vacancies at Lexington. To inquire about availability or to view a unit, contact Sandi Horn shorn@operationthreshld.org.

For Sale

118 Irving, Waterloo

• $89,000

• 3 bedroom, 2 bath (1,017 square feet main floor)

• Hardwood kitchen cabinets

• Partially finished basement with laundry hook-up

Downloadable flyer here

Financing information for this house here

For more information on affordable housing, please contact Sandi Horn at Operation Threshold, (319) 291-2163 ext. 122.

(c) 2006. Operation Threshold. All rights reserved.