About This Property
Century City Homeowners Initiative contains 40 units in Milwaukee, Wisconsin, including 7 designated low-income units. The property, which has been in service since 2016, features a unit mix of 4 two-bedroom, 16 three-bedroom, and 20 four-bedroom homes and is supported through 9% Low-Income Housing Tax Credits. The initiative is managed to provide affordable homeownership opportunities in Milwaukee County.
Waitlist Information
Waitlist managed by Housing Authority of the City of Milwaukee
Head of household must be 18 or older with income not exceeding 80% of Milwaukee County's median income; selection is based on application date and time, with most units being one-bedroom.
The Section 8 tenant-based rent assistance waiting list is closed; previous list was open from December 2021 to August 2024.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Milwaukee 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 | $845 |
| 1 Bedroom | $979 |
| 2 Bedroom | $1,170 |
| 3 Bedroom | $1,460 |
| 4 Bedroom | $1,592 |
Income Limits - Milwaukee County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,550
- Low (80%)
- $47,250
- Extremely Low (30%)
- $20,250
- Very Low (50%)
- $33,800
- Low (80%)
- $54,000
- Extremely Low (30%)
- $22,800
- Very Low (50%)
- $38,000
- Low (80%)
- $60,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,200
- Low (80%)
- $67,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,600
- Low (80%)
- $72,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,000
- Low (80%)
- $78,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,350
- Low (80%)
- $83,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,750
- Low (80%)
- $89,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,750 | $29,550 | $47,250 |
| 2 Persons | $20,250 | $33,800 | $54,000 |
| 3 Persons | $22,800 | $38,000 | $60,750 |
| 4 Persons | $26,500 | $42,200 | $67,500 |
| 5 Persons | $31,040 | $45,600 | $72,900 |
| 6 Persons | $35,580 | $49,000 | $78,300 |
| 7 Persons | $40,120 | $52,350 | $83,700 |
| 8 Persons | $44,660 | $55,750 | $89,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Milwaukee, WI?+
The Fair Market Rent (FMR) for Milwaukee County, WI is: $845 (Studio), $979 (1BR), $1170 (2BR), $1460 (3BR), $1592 (4BR). Actual rent at subsidized properties like Century City Homeowners Initiative is typically 30% of household income or less.
What size apartments are available at Century City Homeowners Initiative?+
Century City Homeowners Initiative offers the following unit types: 4 Two-Bedroom, 16 Three-Bedroom, 20 Four-Bedroom units, for a total of 40 units.
Is there a waitlist for Century City Homeowners Initiative?+
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.
What are the income limits for affordable housing in Milwaukee County, WI?+
For a 4-person household in Milwaukee County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,200, Low Income (80% AMI): $67,500. These limits are set by HUD and updated annually.
Who manages Century City Homeowners Initiative?+
Century City Homeowners Initiative is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Century City Homeowners Initiative?+
Century City Homeowners Initiative 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 Milwaukee, WI?+
Based on Fair Market Rent for Milwaukee County, the estimated price range is: 2-bedroom: $1170, 3-bedroom: $1460. Actual rent at Century City Homeowners Initiative may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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