610 E Beacon Ave #1, New London, WI 54961
Waiting List Forecast: Likely Short or None
Verified for 2018 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 1 - 2 Baths | 1,073 - 1,305 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.
This Commonwealth Property offers affordable housing with a preference to veterans but open to all qualified applicants. Commonwealth Management Corporation is a locally owned Wisconsin based company who specialize in exceptional, quality affordable housing.
Nestled in a quiet neighborhood, this brand new apartment community is now accepting applications for immediate move-ins. Each spacious two and three-bedroom apartment boasts a bright and sunny authentic Cape Cod charm feel to them and includes private entrance, large kitchenette, washer and dryer hook ups, central heat, in-wall air conditioning, and attached garage, all on one level.
Your caring and responsive management team awaits your call or e-mail so act fast and contact us today!
Because Beacon Avenue Cottages 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 2 Bedroom (2/1) | 1073ft2 | Call for Price† |
| 2 Bedroom (2/1) | 1073ft2 | Call for Price† |
| 3 Bedroom (3/2) | 1305ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,500 / year | $40,550 / year | $45,600 / year | $50,650 / year | $54,750 / year | $58,800 / year |
| 50% AMI for PBRA Units | $35,500 / year | $40,550 / year | $45,600 / year | $50,650 / year | $54,750 / year | $58,800 / year |
| 60% AMI for LIHTC Units | $42,600 / year | $48,660 / year | $54,720 / year | $60,780 / year | $65,700 / year | $70,560 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Beacon Avenue Cottages have a waiting list?
Beacon Avenue Cottages 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 Beacon Avenue Cottages?
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 Beacon Avenue Cottages?
Beacon Avenue Cottages is managed by The Commonwealth Companies headquartered in Fond du Lac, WI.
In addition to Beacon Avenue Cottages, how many other affordable housing properties (and units) are there in New London?
In addition to Beacon Avenue Cottages, we list 7 other affordable properties in New London. Learn about these properties here. Our data research shows that there are a total of 334 affordable units in New London.
409 Partridge Dr, New London, Wisconsin 54961
Looking for housing as soon as possible?
Applying for waiting lists with no preferences may help shorten the wait for available housing.Ivette Betancourt says:
"Affordable Housing Online is a helpful website that can benefit many families looking for a decent affordable home."