Seven04

704 West National Avenue, Milwaukee, WI 53204

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Joshua Cappell

Rent	Beds	Baths	SqFt
$652 - 1,249 per Month^†	1 - 3 Beds	1 - 2 Baths	584 - 1,082 Sq Ft

Call (414) 323-0110

Waitlist Forecast

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.

SEVEN04 Place is more than a 60-unit apartment building with high-speed internet, in-unit washer and dryer, indoor storage, gated parking and access control. It’s your ticket to a fulfilling life on Milwaukee’s vibrant south side – for families, veterans, millennials, foodies and folks who value comradery, diversity and community. It’s a place where you can reach all your main amenities by foot, and downtown is just a 10-minute bike ride away. It’s a place to live, play and grow. It’s affordable. SEVEN04 sets the stage. You bring what makes the community special. Join us.

Dave's Thoughts On Seven04

Because Seven04 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

Seven04 Amenities

Elevator
Fitness Center
24hr Emergency Maintenance
Smoke Free

Units at Seven04

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	584ft²	$652 $1,050^†
Two Bedroom (2/1)	868ft²	$779 $1,249^†
Three Bedroom (3/2)	1082ft²	$875 $1,149^†

Income Qualification for Seven04

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

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.

FAQs for Seven04

Does Seven04 have a waiting list?

Seven04 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 Seven04?

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 Seven04?

Seven04 is managed by Impact Seven, Inc. headquartered in Almena , Wisconsin.

In addition to Seven04, how many other affordable housing properties (and units) are there in Milwaukee?

In addition to Seven04, we list 291 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.