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Brookwood Glen Apartments

108 W 9th Ave, Stanley, Wisconsin 54768

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Waiting List is Open Now

The Brookwood Glen Apartments waiting list is currently ope until further notice.

Last updated on May 23rd, 2019

Brookwood Glen Apartments Details

  • 16 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Heat Included

Unit Amenities

  • Water Trash and Sewer Included

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Stanley HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Stanley but actual income limits may differ for units at Brookwood Glen Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $16,100 $18,400 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% $26,850 $30,700 $34,550 $38,350 $41,450 $44,500 $47,600 $50,650
80% $42,950 $49,100 $55,250 $61,350 $66,300 $71,200 $76,100 $81,000

Stanley 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 Stanley but actual income limits may differ for units at Brookwood Glen Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $26,850 $30,700 $34,550 $38,350 $41,450 $44,500 $47,600 $50,650
Low Income (60%) $32,220 $36,840 $41,460 $46,020 $49,740 $53,400 $57,120 $60,780

Brookwood Glen Apartments is managed by Dak Management Co.