About This Property
The Mcra Home Ownership Program offers 5 three-bedroom units in Madison, Wisconsin serving low-income households, including those experiencing homelessness. This non-profit owned property has been in service since 2004 and receives Community Development Block Grant funding. The program provides permanent supportive housing with a focus on homeownership opportunities for residents.
Waitlist Information
Waitlist managed by Madison Community Development Agency
A 2-Bedroom Parkside Wait List opens for applications on January 30th at 10:00 am. Public Housing tenants have the option of paying income-based or flat rent.
The Section 8 Wait List closed on April 2, 2023. The Housing Choice Voucher program provides rental assistance for low-income families.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Dane 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 | $1,004 |
| 1 Bedroom | $1,182 |
| 2 Bedroom | $1,372 |
| 3 Bedroom | $1,808 |
| 4 Bedroom | $1,986 |
Income Limits - Dane County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,700
- Very Low (50%)
- $36,100
- Low (80%)
- $55,950
- Extremely Low (30%)
- $24,800
- Very Low (50%)
- $41,250
- Low (80%)
- $63,950
- Extremely Low (30%)
- $27,900
- Very Low (50%)
- $46,400
- Low (80%)
- $71,950
- Extremely Low (30%)
- $30,950
- Very Low (50%)
- $51,550
- Low (80%)
- $79,900
- Extremely Low (30%)
- $33,450
- Very Low (50%)
- $55,700
- Low (80%)
- $86,300
- Extremely Low (30%)
- $35,950
- Very Low (50%)
- $59,800
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $63,950
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $68,050
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,700 | $36,100 | $55,950 |
| 2 Persons | $24,800 | $41,250 | $63,950 |
| 3 Persons | $27,900 | $46,400 | $71,950 |
| 4 Persons | $30,950 | $51,550 | $79,900 |
| 5 Persons | $33,450 | $55,700 | $86,300 |
| 6 Persons | $35,950 | $59,800 | $92,700 |
| 7 Persons | $40,120 | $63,950 | $99,100 |
| 8 Persons | $44,660 | $68,050 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Madison, WI?+
The Fair Market Rent (FMR) for Dane County, WI is: $1004 (Studio), $1182 (1BR), $1372 (2BR), $1808 (3BR), $1986 (4BR). Actual rent at subsidized properties like Mcra Home Ownership Program is typically 30% of household income or less.
What size apartments are available at Mcra Home Ownership Program?+
Mcra Home Ownership Program offers the following unit types: 5 Three-Bedroom units, for a total of 5 units.
Is there a waitlist for Mcra Home Ownership Program?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Mcra Home Ownership Program?+
Mcra Home Ownership Program is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Mcra Home Ownership Program?+
Mcra Home Ownership Program primarily serves formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Dane County, WI?+
For a 4-person household in Dane County, WI, the income limits are: Extremely Low Income (30% AMI): $30,950, Very Low Income (50% AMI): $51,550, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Madison, WI?+
Based on Fair Market Rent for Dane County, the estimated price range is: 3-bedroom: $1808. Actual rent at Mcra Home Ownership Program may be lower for income-eligible households.
How do I apply for housing at Mcra Home Ownership Program?+
Mcra Home Ownership Program 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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Mcra Home Ownership Program
Rethke Terrace
Madison, WI
60 UnitsMadison Sfro
Madison, WI
4 UnitsTruax Park Redevelopment Phase 1
Madison, WI
71 UnitsMeadowpark Apts
Madison, WI
40 UnitsPark Glen Commons
Madison, WI
110 UnitsMadison Single Family Rent to Own Program
Madison, WI
1 Units