Woolen Mills Lofts, located at 218 E South Island Dr in Appleton, has one, two and three bedroom apartments. Woolen Mills Lofts participates in the Low-Income Housing Tax Credit (LIHTC) program.
|1 Bedroom (1/1)||728||From $650 To $925|
|2 Bedroom (2/1)||1,085||$885|
|2 Bedroom (2/1.5)||954||From $760 To $1,250|
|2 Bedroom (2/2)||975||From $760 To $1,250|
|3 Bedroom (3/2)||1,300||From $885 To $1,425|
The Appleton Woolen Mills was a local manufacturer of this essential papermaking product, and papermakers' felt was manufactured in this building from 1890, when the company's production of the material began, to 1969, when Appleton Mills moved to a new factory elsewhere in appleton.
Appleton Woolen Mills touted itself as the only source of papermakers' felt "west of Ohio." As such, its manufacture was a critical component in paper making for many papermakers during much of the twentieth century. The Appleton Woolen Mills prided itself on serving paper manufacturers nationally and internationally.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Woolen Mills Lofts is managed by ACC Management Group, Inc..