2250 Layard Ave, Racine, WI 53404
Waiting List Forecast: Likely Short or None
Verified for 2021 by Nathan Brunet| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 576 Sq Ft |
Since this property is a HOME program property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
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Because Mount Pleasant Manor participates in HUD's HOME program for rental housing, at least some of the units in this property are set aside for households at or below 60% of the AMI and rents are capped at the local FMR and in many cases much lower. For a project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME program. Since this property participates in the HOME program, the property is required to accept Section 8 Housing Choice Vouchers.
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| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 576ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $19,200 / year | $21,950 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $32,000 / year | $36,600 / year | $41,150 / year | $45,700 / year | $49,400 / year | $53,050 / year | $56,700 / year | $60,350 / year |
| 50% AMI for PBRA Units | $32,000 / year | $36,600 / year | $41,150 / year | $45,700 / year | $49,400 / year | $53,050 / year | $56,700 / year | $60,350 / year |
| 80% AMI for PBRA Units | $51,200 / year | $58,500 / year | $65,800 / year | $73,100 / year | $78,950 / year | $84,800 / year | $90,650 / year | $96,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Mount Pleasant Manor have a waiting list?
Mount Pleasant Manor probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Mount Pleasant Manor?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Mount Pleasant Manor?
Mount Pleasant Manor is managed by National Church Residences headquartered in Columbus , Ohio.
In addition to Mount Pleasant Manor, how many other affordable housing properties (and units) are there in Racine?
In addition to Mount Pleasant Manor, we list 43 other affordable properties in Racine. Learn about these properties here. Our data research shows that there are a total of 2386 affordable units in Racine.
Applying for housing with bad credit.
Most HUD housing programs, like Section 8 and Public Housing, do not have a credit check. But Section 8 landlords will likely require one for an available unit.Bishop Demetres Walker says:
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