Deer Path Townhomes I

665 Monette Ave, New Richmond, Wisconsin 54017

Deer Path Townhomes I, located at 665 Monette Ave in New Richmond, has two and three bedroom apartments. Deer Path Townhomes I participates in the Low-Income Housing Tax Credit (LIHTC) program.

Contact Deer Path Townhomes I

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Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price

Deer Path Townhomes I Details

  • 24 two and three bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Garage

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Cable Ready
  • Washer/ Dryer

Office Hours

Day Hours
Monday 8:00am-12:00pm
Tuesday 8:00am-12:00pm
Wednesday 8:00am-12:00pm
Thursday 8:00am-12:00pm
Friday 8:00am-12:00pm

About Deer Path Townhomes I

Deer Path Townhomes offer 2 and 3 bedroom townhomes. A private entry, garage, and the ease and comfortable feeling of townhome living. Some pets are welcome, but restrictions do apply. 

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

New Richmond Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in New Richmond but actual income limits may differ for units at Deer Path Townhomes I.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $35,000 $40,000 $45,000 $50,000 $54,000 $58,000 $62,000 $66,000
Low Income (60%) $42,000 $48,000 $54,000 $60,000 $64,800 $69,600 $74,400 $79,200

Deer Path Townhomes I was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Deer Path Townhomes I is managed by Paramark Real Estate Services.

Image of Deer Path Townhomes I
Image of Deer Path Townhomes I

Nearby Low Income Apartment Communities

Croft Place Apartments

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The Villas at Paperjack Creek

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