Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Riverview Towers

500 Grand Ave, Wausau, WI, 54403

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Riverview Towers comprises 149 units in Wausau, Wisconsin, with 147 one-bedroom and two two-bedroom units available for low-income residents. The property was placed in service in 2013 and utilizes 9% Low-Income Housing Tax Credits to support affordable housing operations. Two units within the community are designated as low-income housing.

Waitlist Information

Waitlist managed by Wausau Community Development Agency

Public Housing Waitlist
Closed
Opened January 20, 2025
Closed January 30, 2025

Riverview Terrace offers 36 one-bedroom apartments for income-qualifying individuals or couples, with at least one household member 62 years of age or older.

Last verified April 14, 2026
Section 8 (HCV) Waitlist
Closed
Closed April 12, 2024

The Section 8 Housing Choice Voucher program waiting list closed on April 12, 2024, at 3:30 PM. The CDA implements a homeless waitlist preference.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
149
1 Bedroom
147
2 Bedroom
2

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$16,700
Very Low (50%)
$27,800
Low (80%)
$44,450
2 Persons
Extremely Low (30%)
$19,050
Very Low (50%)
$31,750
Low (80%)
$50,800
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$35,700
Low (80%)
$57,150
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$39,650
Low (80%)
$63,450
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$42,850
Low (80%)
$68,550
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$46,000
Low (80%)
$73,650
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$49,200
Low (80%)
$78,700
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$52,350
Low (80%)
$83,800

Tax Credit Program Details

Year Placed in Service
2013
LIHTC Credit Type
9%
Low-Income Units
2 / 149

Frequently Asked Questions

What is the average rent for affordable housing in Wausau, 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 Riverview Towers is typically 30% of household income or less.

What size apartments are available at Riverview Towers?+

Riverview Towers offers the following unit types: 147 One-Bedroom, 2 Two-Bedroom units, for a total of 149 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.

Who manages Riverview Towers?+

Riverview Towers is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Riverview Towers?+

Riverview Towers 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.

What is the price range for apartments in Wausau, WI?+

Based on Fair Market Rent for Marathon County, the estimated price range is: 1-bedroom: $776, 2-bedroom: $1020. Actual rent at Riverview Towers may be lower for income-eligible households.

Is there a waitlist for Riverview Towers?+

Public Housing waitlist is currently Closed. 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.

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Walk Score

Very Walkable

73
Walk
70
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Marathon County, WI

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