About This Property
Waupun Terrace contains 40 low-income residential units in Waupun, Wisconsin, with a mix of 16 one-bedroom and 23 two-bedroom apartments. The property was placed in service in 1987 and receives 4% Low-Income Housing Tax Credit funding. This Dodge County community serves households with limited incomes.
Property Details
Fair Market Rent - Dodge 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 | $658 |
| 1 Bedroom | $768 |
| 2 Bedroom | $971 |
| 3 Bedroom | $1,313 |
| 4 Bedroom | $1,411 |
Income Limits - Dodge County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,350
- Very Low (50%)
- $27,300
- Low (80%)
- $43,650
- Extremely Low (30%)
- $18,700
- Very Low (50%)
- $31,200
- Low (80%)
- $49,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,100
- Low (80%)
- $56,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,950
- Low (80%)
- $62,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,100
- Low (80%)
- $67,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,200
- Low (80%)
- $72,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,300
- Low (80%)
- $77,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,450
- Low (80%)
- $82,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,350 | $27,300 | $43,650 |
| 2 Persons | $18,700 | $31,200 | $49,850 |
| 3 Persons | $21,960 | $35,100 | $56,100 |
| 4 Persons | $26,500 | $38,950 | $62,300 |
| 5 Persons | $31,040 | $42,100 | $67,300 |
| 6 Persons | $35,580 | $45,200 | $72,300 |
| 7 Persons | $40,120 | $48,300 | $77,300 |
| 8 Persons | $44,660 | $51,450 | $82,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Waupun, WI?+
The Fair Market Rent (FMR) for Dodge County, WI is: $658 (Studio), $768 (1BR), $971 (2BR), $1313 (3BR), $1411 (4BR). Actual rent at subsidized properties like Waupun Terrace is typically 30% of household income or less.
What size apartments are available at Waupun Terrace?+
Waupun Terrace offers the following unit types: 16 One-Bedroom, 23 Two-Bedroom units, for a total of 40 units.
How do I apply for housing at Waupun Terrace?+
Waupun Terrace 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.
Who manages Waupun Terrace?+
Waupun Terrace is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Waupun, WI?+
Based on Fair Market Rent for Dodge County, the estimated price range is: 1-bedroom: $768, 2-bedroom: $971. Actual rent at Waupun Terrace may be lower for income-eligible households.
What are the income limits for affordable housing in Dodge County, WI?+
For a 4-person household in Dodge County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,950, Low Income (80% AMI): $62,300. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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