About This Property
Nickel River Inv Cadott is a 24-unit affordable housing property in Cadott, Wisconsin, featuring 22 low-income units with a mix of twelve 2-bedroom and twelve 3-bedroom apartments. The property has been in service since 1987 and receives 9% Low-Income Housing Tax Credit funding. The development provides rental housing options for low-income households in Chippewa County.
Property Details
Fair Market Rent - Chippewa County, WI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $777 |
| 1 Bedroom | $833 |
| 2 Bedroom | $1,039 |
| 3 Bedroom | $1,427 |
| 4 Bedroom | $1,555 |
Income Limits - Chippewa County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,800
- Very Low (50%)
- $28,000
- Low (80%)
- $44,800
- Extremely Low (30%)
- $19,200
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,200
- Low (80%)
- $69,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,400
- Low (80%)
- $74,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,600
- Low (80%)
- $79,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,800
- Low (80%)
- $84,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,800 | $28,000 | $44,800 |
| 2 Persons | $19,200 | $32,000 | $51,200 |
| 3 Persons | $21,960 | $36,000 | $57,600 |
| 4 Persons | $26,500 | $40,000 | $64,000 |
| 5 Persons | $31,040 | $43,200 | $69,150 |
| 6 Persons | $35,580 | $46,400 | $74,250 |
| 7 Persons | $40,120 | $49,600 | $79,400 |
| 8 Persons | $44,660 | $52,800 | $84,500 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cadott, WI?+
The Fair Market Rent (FMR) for Chippewa County, WI is: $777 (Studio), $833 (1BR), $1039 (2BR), $1427 (3BR), $1555 (4BR). Actual rent at subsidized properties like Nickel River Inv Cadott is typically 30% of household income or less.
What size apartments are available at Nickel River Inv Cadott?+
Nickel River Inv Cadott offers the following unit types: 12 Two-Bedroom, 12 Three-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Chippewa County, WI?+
For a 4-person household in Chippewa County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,000, Low Income (80% AMI): $64,000. These limits are set by HUD and updated annually.
Who manages Nickel River Inv Cadott?+
Nickel River Inv Cadott is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Cadott, WI?+
Based on Fair Market Rent for Chippewa County, the estimated price range is: 2-bedroom: $1039, 3-bedroom: $1427. Actual rent at Nickel River Inv Cadott may be lower for income-eligible households.
How do I apply for housing at Nickel River Inv Cadott?+
Nickel River Inv Cadott is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.