4445 Mormon Coulee Road, La Crosse, WI 54601
Waiting List Forecast: Likely Short or None
Verified for 2018 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $615 - 795 per Month† | 1 - 2 Beds | 1 Bath | - |
Since this property is a LIHTC 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.
Large one and two bedroom apartment community on the south edge of LaCrosse. Approximately 5 minutes from Gunderson/Lutheran and St.Francis/Skemp Medical Centers. 10 minutes from UWL and 15 to 20 from the Valleyview Mall. Away from the hustle and bustle of downtown and campus areas, yet very convenient, with Shelby Mall and Wal-Mart Super Center just across the street. Enjoy the extra amenities such as the open air pool and play area. Also available is a large community room perfect for entertaining and small gatherings. Laundry rooms are available on the first floor of each building. All this, at an affordable price.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests St Vallerie Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | $615 $695† |
| 2 Bedroom (2/1) | - | $795† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $19,600 / year | $22,400 / year | $25,200 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $32,700 / year | $37,400 / year | $42,050 / year | $46,700 / year |
| 50% AMI for PBRA Units | $32,700 / year | $37,400 / year | $42,050 / year | $46,700 / year |
| 60% AMI for LIHTC Units | $39,240 / year | $44,880 / year | $50,460 / year | $56,040 / year |
| 80% AMI for PBRA Units | $52,300 / year | $59,800 / year | $67,250 / year | $74,700 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does St Vallerie Apartments have a waiting list?
St Vallerie Apartments 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 St Vallerie Apartments?
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 St Vallerie Apartments?
St Vallerie Apartments is managed by Paramark Real Estate Services headquartered in Rochester, Minnesota .
In addition to St Vallerie Apartments, how many other affordable housing properties (and units) are there in La Crosse?
In addition to St Vallerie Apartments, we list 58 other affordable properties in La Crosse. Learn about these properties here. Our data research shows that there are a total of 1542 affordable units in La Crosse.
Check your waiting list status occasionally.
If you request it, housing agencies are required to confirm if you are still on a waiting list, and some may also state your current position.Takesha Powell says:
"Affordable Housing Online is a great resource that provides a lot of helpful links to get low-income and affordable housing."