938 Monette Ave, New Richmond, WI 54017
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter, Ric GresiaRent | Beds | Baths | SqFt |
---|---|---|---|
$410 - 935 per Month† | 1 - 3 Beds | 1 Bath | - |
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.
The Villas at Paperjack Creek offer 1, 2, and 3 bedroom apartments. A private entry, garage, and a nice back deck enhance the ease and comfortable feeling of townhome living. This scenic property is located on the end of a cul de sac with quiet open spaces as your back yard. Nestled on the beautiful Paperjack Creek, the Villas have the creek and all nature has to offer just steps away from your back door. Some pets are welcome, but restrictions do apply.
Because The Villas at Paperjack Creek 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 |
---|---|---|
1 Bedroom (1/1) | - | $410 $735† |
2 Bedroom (2/1) | - | $660 $805† |
3 Bedroom (3/1) | - | $875 $935† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
---|---|---|---|---|---|---|
50% AMI for LIHTC Units | $43,500 / year | $49,700 / year | $55,900 / year | $62,100 / year | $67,100 / year | $72,050 / year |
50% AMI for PBRA Units | $43,500 / year | $49,700 / year | $55,900 / year | $62,100 / year | $67,100 / year | $72,050 / year |
60% AMI for LIHTC Units | $52,200 / year | $59,640 / year | $67,080 / year | $74,520 / year | $80,520 / year | $86,460 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Villas at Paperjack Creek have a waiting list?
The Villas at Paperjack Creek 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 The Villas at Paperjack Creek?
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 The Villas at Paperjack Creek?
The Villas at Paperjack Creek is managed by Paramark Real Estate Services headquartered in Rochester, Minnesota .
In addition to The Villas at Paperjack Creek, how many other affordable housing properties (and units) are there in New Richmond?
In addition to The Villas at Paperjack Creek, we list 7 other affordable properties in New Richmond. Learn about these properties here. Our data research shows that there are a total of 296 affordable units in New Richmond.
Housing options for seniors.
Many housing programs have apartments or entire properties restricted to senior residents only, including Section 202 Supportive Housing for the Elderly.Bianca Gonalez says:
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