1244 N 9th St, Milwaukee, WI 53205
Waiting List Forecast: Likely Short or None
Verified for 2021 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $597 - 620 per Month† | 1 - 2 Beds | 1 Bath | 630 - 900 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.
Brewery Point's striking one and two bedroom apartments offer an array of rents to fit every budget for adults 55 years of age or better. All of our apartments include central air-conditioning, cable TV hookups, and a washer/dryer. Community features include heated underground parking, controlled access entry, community room with kitchen, fitness center, computer lab, and a hair salon. Brewery Point's handy location offers easy access to freeways, major bus lines, downtown attractions and more.
Brewery Point participates in an affordable housing program. Qualified applicants aged 55 or better must meet income qualification; total household gross income is based on 30% to 60% of the median income adjusted for household size and depending upon availability. Section 8 Voucher holders are encouraged to 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 Brewery Point 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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 -30 (1/1) | 630ft2 | Call for Price† |
| 1 Bedroom-50 (1/1) | 630ft2 | $597† |
| 1 Bedroom-MKT (1/1) | 640ft2 | Call for Price† |
| 1 Bedroom-60 (1/1) | 640ft2 | $620† |
| 2 Bedroom-30 (1/1) | 890ft2 | Call for Price† |
| 2 Bedroom-MKT (2/1) | 890ft2 | Call for Price† |
| 2 Bedroom-60 (2/1) | 900ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,000 / year | $40,000 / year | $45,000 / year | $49,950 / year |
| 50% AMI for PBRA Units | $35,000 / year | $40,000 / year | $45,000 / year | $49,950 / year |
| 60% AMI for LIHTC Units | $42,000 / year | $48,000 / year | $54,000 / year | $59,940 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Brewery Point Apartments have a waiting list?
Brewery Point 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 Brewery Point 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 Brewery Point Apartments?
Brewery Point Apartments is managed by CommonBond Communities headquartered in St. Paul, MN.
In addition to Brewery Point Apartments, how many other affordable housing properties (and units) are there in Milwaukee?
In addition to Brewery Point Apartments, we list 378 other affordable properties in Milwaukee. Learn about these properties here. Our data research shows that there are a total of 19045 affordable units in Milwaukee.
710 West Historic Mitchell Street, Milwaukee, Wisconsin 53204
2195 W State St, Milwaukee, Wisconsin 53233
3301 W North Ave, Milwaukee, Wisconsin 53215
555 South Layton Blvd., Milwaukee, Wisconsin 53215
1110 North 17th Street, Milwaukee, Wisconsin 53233
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