About This Property
Park Place offers 48 units of affordable housing in Reedsburg, Wisconsin, including 33 one-bedroom and 15 two-bedroom apartments. The property includes 8 low-income units and has been in service since 2012. Park Place is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Sauk 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 | $753 |
| 1 Bedroom | $877 |
| 2 Bedroom | $1,042 |
| 3 Bedroom | $1,359 |
| 4 Bedroom | $1,388 |
Income Limits - Sauk County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,800
- Very Low (50%)
- $26,300
- Low (80%)
- $42,100
- Extremely Low (30%)
- $18,050
- Very Low (50%)
- $30,050
- Low (80%)
- $48,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,800
- Low (80%)
- $54,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,550
- Low (80%)
- $60,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,600
- Low (80%)
- $64,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,600
- Low (80%)
- $69,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,600
- Low (80%)
- $74,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,600
- Low (80%)
- $79,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,800 | $26,300 | $42,100 |
| 2 Persons | $18,050 | $30,050 | $48,100 |
| 3 Persons | $21,960 | $33,800 | $54,100 |
| 4 Persons | $26,500 | $37,550 | $60,100 |
| 5 Persons | $31,040 | $40,600 | $64,950 |
| 6 Persons | $35,580 | $43,600 | $69,750 |
| 7 Persons | $40,120 | $46,600 | $74,550 |
| 8 Persons | $44,660 | $49,600 | $79,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Reedsburg, WI?+
The Fair Market Rent (FMR) for Sauk County, WI is: $753 (Studio), $877 (1BR), $1042 (2BR), $1359 (3BR), $1388 (4BR). Actual rent at subsidized properties like Park Place is typically 30% of household income or less.
What size apartments are available at Park Place?+
Park Place offers the following unit types: 33 One-Bedroom, 15 Two-Bedroom units, for a total of 48 units.
How do I apply for housing at Park Place?+
Park 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 Reedsburg, WI?+
Based on Fair Market Rent for Sauk County, the estimated price range is: 1-bedroom: $877, 2-bedroom: $1042. Actual rent at Park Place may be lower for income-eligible households.
Who manages Park Place?+
Park Place is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Sauk County, WI?+
For a 4-person household in Sauk County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,550, Low Income (80% AMI): $60,100. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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