About This Property
Village Place Elderly Housing comprises 8 one-bedroom units in Avoca, Wisconsin, serving elderly residents with low incomes. The property has been in service since 1993 and operates with 4% Low-Income Housing Tax Credits. All eight units are designated as affordable housing.
Property Details
Fair Market Rent - Iowa 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 | $669 |
| 1 Bedroom | $751 |
| 2 Bedroom | $987 |
| 3 Bedroom | $1,279 |
| 4 Bedroom | $1,371 |
Income Limits - Iowa County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,150
- Very Low (50%)
- $28,550
- Low (80%)
- $45,650
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,600
- Low (80%)
- $52,200
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,700
- Low (80%)
- $58,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,750
- Low (80%)
- $65,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,300
- Low (80%)
- $75,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,550
- Low (80%)
- $80,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,800
- Low (80%)
- $86,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,150 | $28,550 | $45,650 |
| 2 Persons | $19,600 | $32,600 | $52,200 |
| 3 Persons | $22,050 | $36,700 | $58,700 |
| 4 Persons | $26,500 | $40,750 | $65,200 |
| 5 Persons | $31,040 | $44,050 | $70,450 |
| 6 Persons | $35,580 | $47,300 | $75,650 |
| 7 Persons | $40,120 | $50,550 | $80,850 |
| 8 Persons | $44,660 | $53,800 | $86,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Avoca, WI?+
The Fair Market Rent (FMR) for Iowa County, WI is: $669 (Studio), $751 (1BR), $987 (2BR), $1279 (3BR), $1371 (4BR). Actual rent at subsidized properties like Village Place Elderly Housing is typically 30% of household income or less.
What size apartments are available at Village Place Elderly Housing?+
Village Place Elderly Housing offers the following unit types: 8 One-Bedroom units, for a total of 8 units.
How do I apply for housing at Village Place Elderly Housing?+
Village Place Elderly Housing 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 Village Place Elderly Housing?+
Village Place Elderly Housing is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Avoca, WI?+
Based on Fair Market Rent for Iowa County, the estimated price range is: 1-bedroom: $751. Actual rent at Village Place Elderly Housing may be lower for income-eligible households.
What are the income limits for affordable housing in Iowa County, WI?+
For a 4-person household in Iowa County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,750, Low Income (80% AMI): $65,200. These limits are set by HUD and updated annually.
Who is eligible to live at Village Place Elderly Housing?+
Village Place Elderly Housing primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
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