2402 Franklin St, Manitowoc, WI 54220
Waiting List Forecast: Likely Short or None
Verified for 2019 by Jill Wagner, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
Beautiful, newly renovated, loft style apartments available! Some styles ADA accessible. These 2 & 3 bedroom units have stainless steel appliances, including built-in microwave, dishwasher & garbage disposal. Amenities include elevator, onsite laundry facilities, exercise room, community room and onsite art gallery featuring local artists. Enjoy the FREE indoor parking area and mail delivery. This property is a nonsmoking, pet friendly community!
Rent includes water, sewer & trash removal. Income restrictions apply. Stop in and visit with our onsite manager during office hours to tour the property and fill out an application! Veterans encouraged to apply.
Make Artist Lofts your new home!!
Because Artist Lofts participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME 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 and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,900 / year | $34,200 / year | $38,450 / year | $42,700 / year | $46,150 / year | $49,550 / year | $52,950 / year | $56,400 / year |
| 50% AMI for PBRA Units | $29,900 / year | $34,200 / year | $38,450 / year | $42,700 / year | $46,150 / year | $49,550 / year | $52,950 / year | $56,400 / year |
| 60% AMI for LIHTC Units | $35,880 / year | $41,040 / year | $46,140 / year | $51,240 / year | $55,380 / year | $59,460 / year | $63,540 / year | $67,680 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Artist Lofts have a waiting list?
Artist Lofts 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 Artist Lofts?
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 Artist Lofts?
Artist Lofts is managed by Impact Seven, Inc. headquartered in Almena , Wisconsin.
In addition to Artist Lofts, how many other affordable housing properties (and units) are there in Manitowoc?
In addition to Artist Lofts, we list 20 other affordable properties in Manitowoc. Learn about these properties here. Our data research shows that there are a total of 617 affordable units in Manitowoc.
1485 North Seventh Street, Manitowoc, Wisconsin 54220
1500 N 3rd Street, Manitowoc, Wisconsin 54220
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