About This Property
One Penny Place offers 51 low-income residential units in Woodruff, Wisconsin, with a mix of 31 one-bedroom and 20 two-bedroom apartments. The property has been in service since 2001 and serves residents in Oneida County.
Property Details
Fair Market Rent - Oneida 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 | $694 |
| 1 Bedroom | $807 |
| 2 Bedroom | $990 |
| 3 Bedroom | $1,197 |
| 4 Bedroom | $1,437 |
Income Limits - Oneida County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,350
- Low (80%)
- $40,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $29,000
- Low (80%)
- $46,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,600
- Low (80%)
- $52,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,100
- Low (80%)
- $62,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,000
- Low (80%)
- $67,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,900
- Low (80%)
- $71,800
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,800
- Low (80%)
- $76,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,350 | $40,550 |
| 2 Persons | $17,420 | $29,000 | $46,350 |
| 3 Persons | $21,960 | $32,600 | $52,150 |
| 4 Persons | $26,500 | $36,200 | $57,900 |
| 5 Persons | $31,040 | $39,100 | $62,550 |
| 6 Persons | $35,580 | $42,000 | $67,200 |
| 7 Persons | $40,120 | $44,900 | $71,800 |
| 8 Persons | $44,660 | $47,800 | $76,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Woodruff, WI?+
The Fair Market Rent (FMR) for Oneida County, WI is: $694 (Studio), $807 (1BR), $990 (2BR), $1197 (3BR), $1437 (4BR). Actual rent at subsidized properties like One Penny Place is typically 30% of household income or less.
What size apartments are available at One Penny Place?+
One Penny Place offers the following unit types: 31 One-Bedroom, 20 Two-Bedroom units, for a total of 51 units.
How do I apply for housing at One Penny Place?+
One Penny Place 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 Woodruff, WI?+
Based on Fair Market Rent for Oneida County, the estimated price range is: 1-bedroom: $807, 2-bedroom: $990. Actual rent at One Penny Place may be lower for income-eligible households.
What are the income limits for affordable housing in Oneida County, WI?+
For a 4-person household in Oneida County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,200, Low Income (80% AMI): $57,900. These limits are set by HUD and updated annually.
Who manages One Penny Place?+
One Penny Place is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Oneida County, WI
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