903 Delaplaine CT, Madison, WI 53715
Waiting List Forecast: Likely Short or None
Verified for 2021 by Colleen Carter, Ric GresiaRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 3 Beds | 1 - 2.5 Baths | 580 - 1,501 Sq Ft |
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.
8Twenty Park is a new apartment complex located on Park Street downtown Madison. 8Twenty offers 1,2,3 bedroom apartments with luxury finishes. Looking for the best apartments for rent in Madison? Then you have come to the right place! 8Twenty has beautiful floor plans, luxury amenities, and a friendly staff that Community strives to meet your every request. Income restrictions apply.
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 8Twenty Park 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) | 580ft2 | Call for Price† |
2 Bedroom (2/2) | 1005ft2 | Call for Price† |
3 Bedroom (3/2.5) | 1501ft2 | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
---|---|---|---|---|---|---|
50% AMI for LIHTC Units | $42,750 / year | $48,850 / year | $54,950 / year | $61,050 / year | $65,950 / year | $70,850 / year |
50% AMI for PBRA Units | $42,750 / year | $48,850 / year | $54,950 / year | $61,050 / year | $65,950 / year | $70,850 / year |
60% AMI for LIHTC Units | $51,300 / year | $58,620 / year | $65,940 / year | $73,260 / year | $79,140 / year | $85,020 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does 8Twenty Park have a waiting list?
8Twenty Park 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 8Twenty Park ?
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 8Twenty Park ?
8Twenty Park is managed by Oakbrook Integrated Real Estate Services headquartered in Madison, WI.
In addition to 8Twenty Park , how many other affordable housing properties (and units) are there in Madison?
In addition to 8Twenty Park , we list 146 other affordable properties in Madison. Learn about these properties here. Our data research shows that there are a total of 7147 affordable units in Madison.
116 Milky Way, Madison, Wisconsin 53718
1459 E Main St, Madison, Wisconsin 53703
6530 Schroeder Rd, Madison, Wisconsin 53711
820 South Park Street, Madison, Wisconsin 53715
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Ivette Betancourt says:
"Affordable Housing Online is a helpful website that can benefit many families looking for a decent affordable home."