1859 Aberg Ave , Madison, WI 53704
Waiting List Forecast: Likely Short or None
Verified for 2022 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $598 - 1,495 per Month† | 1 - 3 Beds | 1 - 2.5 Baths | 682 - 1,296 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.
Move on up to The Madisonian, where luxury is yours at a reasonable price! Offering affordable 1- & 2-Bedroom Homes for Seniors 55+ and affordable 3-Bedroom Family Townhomes. Great location on a bus line, near parks, shopping and entertainment. You will love this smoke-free community with oodles of extras including trash chutes, extra storage, community rooms with planned activities, craft room, fitness center and indoor mailboxes to mention a few. You will find your home to be everything you are hoping with granite countertops, kitchen island, stainless appliances, in-home laundry, patio or balcony and more.
Make your move to The Madisonian - where the locals live! They are officially ready for move-ins!
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 The Madisonian Senior 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) | 682ft2 | $598 $1,247† |
| 2 Bedroom (2/2) | 1033ft2 | $1,395 $1,495† |
| 2 Bedroom (2/1) | 1046ft2 | $714 $1,233† |
| 3 Bedroom (3/2.5) | 1296ft2 | $1,348† |
| 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 The Madisonian Senior Apartments have a waiting list?
The Madisonian Senior 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 The Madisonian Senior 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 The Madisonian Senior Apartments?
The Madisonian Senior Apartments is managed by Wisconsin Management Company headquartered in Madison, WI.
In addition to The Madisonian Senior Apartments, how many other affordable housing properties (and units) are there in Madison?
In addition to The Madisonian Senior Apartments, 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.Celeste Law says:
"Affordable Housing Online is a great source of information, and is very helpful in answering questions about Section 8 and Public Housing."