Waters Edge

231 Reuter Ave, Rice Lake, WI

Waiting List Forecast: Likely Short or None

check_circleVerified for 2021 by Colleen Carter, Ric Gresia
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Waitlist Forecast

Since this property doesn't seem to have a project-based subsidy program subsidizing the rent, the waiting list may be short or there may not be a waiting list at all. 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.

Dave's Thoughts On Waters Edge

This property was financed by the USDA Section 515 program. This housing program was used to build affordable apartment communities in rural areas from the 1970’s through the 1990’s, with very few new properties built since then. Historically, the program had financial restrictions that limited the size, quality and amenities at properties. Unless Waters Edge has been renovated, it is likely to have smaller units and fewer amenities. Since the property is in a rural area, it may be one of only a few affordable rentals in the area. This property appears to not offer any tenant rent subsidies, so there may be a shorter waiting list or none at all. Section 515 properties with a rent subsidy (Section 8 or USDA Section 521) If you live in a rural area and can pay your own rent, this property may be for you. Since this property participates in the RD 515 program, it is required to accept Section 8 vouchers no matter if it is located in a jurisdiuction that permits source of income discrimination.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

FAQs for Waters Edge

Does Waters Edge have a waiting list?

Waters Edge 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 Waters Edge?

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.

In addition to Waters Edge, how many other affordable housing properties (and units) are there in Rice Lake?

In addition to Waters Edge, we list 11 other affordable properties in Rice Lake. Learn about these properties here. Our data research shows that there are a total of 390 affordable units in Rice Lake.

Listings Near Waters Edge

Franklin School Apartments

1011 S Main Street, Rice Lake, Wisconsin 54868

Woodland Village Apartments

1300 N Wisconsin Ave, Rice Lake, Wisconsin 54868

Red Cedar Village

23 E Eau Claire St, Rice Lake, Wisconsin 54868

Blue Valley Apartments

1310 N Wisconsin Ave, Rice Lake, Wisconsin 54868

BCH Pine Park Apartments

800 West Allen Street, Rice Lake, Wisconsin 54868

Whitetail Cottages

901 Whitetail St, Rice Lake, Wisconsin 54868

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.