About This Property
Colby-Abbotsford Sr Village contains 24 two-bedroom units in Colby, Wisconsin, with 7 designated as low-income housing. The property was placed in service in 2010 and receives 9% Low-Income Housing Tax Credit financing along with HOME program funding. This senior housing community offers affordable rental options for eligible residents in Marathon County.
Property Details
Fair Market Rent - Marathon 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 | $691 |
| 1 Bedroom | $776 |
| 2 Bedroom | $1,020 |
| 3 Bedroom | $1,324 |
| 4 Bedroom | $1,358 |
Income Limits - Marathon County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,700
- Very Low (50%)
- $27,800
- Low (80%)
- $44,450
- Extremely Low (30%)
- $19,050
- Very Low (50%)
- $31,750
- Low (80%)
- $50,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,700
- Low (80%)
- $57,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,650
- Low (80%)
- $63,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,850
- Low (80%)
- $68,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,000
- Low (80%)
- $73,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,200
- Low (80%)
- $78,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,350
- Low (80%)
- $83,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,700 | $27,800 | $44,450 |
| 2 Persons | $19,050 | $31,750 | $50,800 |
| 3 Persons | $21,960 | $35,700 | $57,150 |
| 4 Persons | $26,500 | $39,650 | $63,450 |
| 5 Persons | $31,040 | $42,850 | $68,550 |
| 6 Persons | $35,580 | $46,000 | $73,650 |
| 7 Persons | $40,120 | $49,200 | $78,700 |
| 8 Persons | $44,660 | $52,350 | $83,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Colby, WI?+
The Fair Market Rent (FMR) for Marathon County, WI is: $691 (Studio), $776 (1BR), $1020 (2BR), $1324 (3BR), $1358 (4BR). Actual rent at subsidized properties like Colby-Abbotsford Sr Village is typically 30% of household income or less.
What size apartments are available at Colby-Abbotsford Sr Village?+
Colby-Abbotsford Sr Village offers the following unit types: 24 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Marathon County, WI?+
For a 4-person household in Marathon County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,650, Low Income (80% AMI): $63,450. These limits are set by HUD and updated annually.
How do I apply for housing at Colby-Abbotsford Sr Village?+
Colby-Abbotsford Sr Village 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 Colby-Abbotsford Sr Village?+
Colby-Abbotsford Sr Village is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Colby, WI?+
Based on Fair Market Rent for Marathon County, the estimated price range is: 2-bedroom: $1020. Actual rent at Colby-Abbotsford Sr Village may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
