1948 W Mitchell St, Milwaukee, WI 53204
Waiting List Forecast: Likely Short or None
Verified for 2021 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 2 Baths | - |
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.
Mitchell Street Market Lofts contains twenty-four, two- and three-bedroom apartments. Free garage parking is available, accessed off of South Muskego Avenue near the rear of the building. On-site services include a 2,000 square foot community room, a fitness and a business center.
Featuring private balconies, along with high-quality interior finishes. Apartments are provided with a range with hood, refrigerator, dishwasher, disposal, washer/dryer, and mini blinds. Apartments also include water, sewer, and garbage fees. Residents are responsible for gas heat and electricity. Flooring is appropriate to the room and includes carpet, wood, vinyl and ceramic tile. The homes are cable-ready. No pets are allowed.
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 Mitchell Street Market Lofts 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 |
|---|---|---|
| 2 Bedroom (2/2) | - | Call for Price† |
| 3 Bedroom (3/2) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,000 / year | $40,000 / year | $45,000 / year | $49,950 / year | $53,950 / year | $57,950 / year |
| 50% AMI for PBRA Units | $35,000 / year | $40,000 / year | $45,000 / year | $49,950 / year | $53,950 / year | $57,950 / year |
| 60% AMI for LIHTC Units | $42,000 / year | $48,000 / year | $54,000 / year | $59,940 / year | $64,740 / year | $69,540 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Mitchell Street Market Lofts have a waiting list?
Mitchell Street Market 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 Mitchell Street Market 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 Mitchell Street Market Lofts?
Mitchell Street Market Lofts is managed by Impact Seven, Inc. headquartered in Almena , Wisconsin.
In addition to Mitchell Street Market Lofts, how many other affordable housing properties (and units) are there in Milwaukee?
In addition to Mitchell Street Market Lofts, we list 361 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
555 South Layton Blvd., Milwaukee, Wisconsin 53215
Even if it looks difficult to get housing, apply anyway.
Some factors make it look like a longshot to get housing. Any waiting list opening is a legitimate chance to get housing, no mattter how long it takes.Marla Senter says:
"Affordable Housing Online is the most cohesive and correct information on housing out there online or off."