Affordable Housing In Richland County
Wisconsin

6 Low Income Apartment Communities In Richland County

Richland County Housing

975 W Seminary St
Richland Center, WI
Subsidized

Tom Woodman Villa

1701 Woodland Circle
Richland Center, WI
62+
Accessible
Elderly Supportive Housing
Subsidized

Richland Center Wha

1480 Wedgewood Dr
Richland Center, WI
Subsidized

Ada James Place

1000 Parkview Dr
Richland Center, WI
HCV Welcome

Richland Hills Apartments

701 W Seminary St
Richland Center, WI

Woodbury Village Apartments

1690 Wedgewood Dr
Richland Center, WI
HCV Welcome
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There are 6 low income housing apartment complexes which contain 240 affordable apartments for rent in Richland County. Many of these rental apartments are income based housing with 200 apartments that set rent based on your income. In Richland County, HUD housing programs support 78 rental assistance apartments through programs like Project-based Section 8. There are 40 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Richland County

Housing Authority Programs
Richland County Housing Authority Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Richland County

Housing Authority Programs
Richland Center Housing Authority Public Housing

Guide To Affordable Housing in Richland County, Wisconsin

Richland County, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 240
Total Rent Assisted Apartments 200
Percentage of Housing Units Occupied By Renters 27.07%
Average Renter Household Size 1.94
Total Population 17,746
Housing Units 7,547
Average Household Size 2.29
Median Household Income $44,810 ±$1,853
Median Rent $589 ±$49
Percentage Of Renters Overburdened 36.76% ± 6.23pp

Population and Household Demographics

Richland County is a County in Wisconsin with a population of 17,746. There are 7,547 households in the county with an average household size of 2.29 persons. 27.07% of households in Richland County are renters.

Income and Rent Overburden in Richland County

The median gross income for households in Richland County is $44,810 a year, or $3,734 a month. The median rent for the county is $589 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Richland County, a household making less than $1,963 a month would be considered overburdened when renting an apartment at or above the median rent. 36.76% of households who rent are overburdened in Richland County.1

Area Median Income In Richland County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Richland County, HUD calculates the Area Median Income for a family of four as $61,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Richland County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Richland County HUD Rental Assistance in Richland County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,350 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,950 $27,400 $30,800 $34,200 $36,950 $39,700 $42,450 $45,150
80% of Median $38,300 $43,800 $49,250 $54,700 $59,100 $63,500 $67,850 $72,250
Low Income Housing Tax Credits in Richland County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1989 to 2000, 6 low income apartment communities containing 120 rental apartments have been constructed and made affordable to low income persons in Richland County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Richland County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,950 $27,400 $30,800 $34,200 $36,950 $39,700 $42,450 $45,150
60% of Median $28,740 $32,880 $36,960 $41,040 $44,340 $47,640 $50,940 $54,180

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Richland County is $36,960 a year, or $3,080 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,080 by 30% to get a maximum rent of $924 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $599 $642 $770 $889 $993 $1,095
60% $719 $770 $924 $1,067 $1,191 $1,314
Fair Market Rents in Richland County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$450 $533 $700 $940 $946

Cities In Richland County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Richland Center 6 The HUD funded Public Housing Agencies that serve Richland Center are the Richland Center Housing Authority and Richland County Housing Authority.
Cazenovia 0 The HUD funded Public Housing Agency that serves Cazenovia is the Richland County Housing Authority.
Eagle 0 The HUD funded Public Housing Agency that serves Eagle is the Richland County Housing Authority.
Marshall 0 The HUD funded Public Housing Agency that serves Marshall is the Richland County Housing Authority.
Richland 0
Akan 0
Bloom 0
Boaz 0
Buena Vista 0
Dayton 0
Forest 0
Gotham 0
Henrietta 0
Ithaca 0
Lone Rock 0
Orion 0
Richwood 0
Rockbridge 0
Sextonville 0
Sylvan 0
Viola 0
Westford 0
Willow 0
Yuba 0