130 School St, Schofield, WI 54476
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 | 815 - 1,623 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.
Welcome to Elementary School, an affordable living community in Schofield, Wisconsin. We are located just south of Downtown Wausau with great views of Lake Wausau. Convenient to many shopping destinations, local parks, and both Rib Mountain and Granite Peak Ski hill, there’s always something to do! We offer a selection of historically renovated two and three bedroom apartment homes as well as 3 bedroom townhomes that promote a high-quality, relaxing lifestyle. Some of our apartment features include historic tin ceilings with crown molding accents, natural lighting with high-efficiency windows, ample storage space with quaint built-ins and classic ‘old-school’ features. Our townhomes offer private entrance with porch and patio, attached garage and sleek and stylish black appliances. Stop by or call us today for your personalized tour.
Pets - allowed, Max weight 25 lb each, One time Fee $150.00, Rent $25.00, Deposit $100.00
Because Elementary School Apartments 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 |
|---|---|---|
| Two Bedroom (2/1) | 815ft2 | Call for Price† |
| Three Bedroom Townhome (3/2) | 1623ft2 | Call for Price† |
| Three Bedroom (3/2) | 980ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $32,450 / year | $37,100 / year | $41,750 / year | $46,350 / year | $50,100 / year | $53,800 / year |
| 50% AMI for PBRA Units | $32,450 / year | $37,100 / year | $41,750 / year | $46,350 / year | $50,100 / year | $53,800 / year |
| 60% AMI for LIHTC Units | $38,940 / year | $44,520 / year | $50,100 / year | $55,620 / year | $60,120 / year | $64,560 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Elementary School Apartments have a waiting list?
Elementary School Apartments 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 Elementary School Apartments?
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 Elementary School Apartments?
Elementary School Apartments is managed by The Commonwealth Companies headquartered in Fond du Lac, WI.
In addition to Elementary School Apartments, how many other affordable housing properties (and units) are there in Schofield?
In addition to Elementary School Apartments, we list 5 other affordable properties in Schofield. Learn about these properties here. Our data research shows that there are a total of 72 affordable units in Schofield.
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