Subsidized Housing

 

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Federally subsidized senior rental apartment communities offer a quality lifestyle at affordable rents to qualified lower income senior citizens and mobility impaired persons. Financial assistance is available through a number of federal programs. In most communities, residents pay approximately 30% of their adjusted income for rent and utilities (Adjustments are made for continuing medical bills).

Included in this section are separate listings for private and publically-managed housing in the state of Wisconsin.

There are certain criteria which must be met to be eligible for subsidized housing, including income and age factors. The maximum allowable income is determined by federally-mandated eligibility income limits. These are determined and revised annually by the Department of Housing and Urban Development (HUD). Most apartment communities are designated as having low income (LI) or very low income (VLI) limits.

Most of the listed apartment communities require applicants to be at least 62 years old or a person with a mobility impairment, including sight and hearing impairments. Persons with these impairments do not have to reach the age of 62. There are some senior citizen apartment communities that allow a limited near elderly population of 50 years of age or older. Some listings presented in the publication allow a wide range of age groups, but are included in this section because of the large number of senior citizens or mobility impaired person living in the apartment community. Please check the specific community to determine entrance requirements.

Fortunately, many subsidized apartment communities do not have long waiting lists. Planning ahead is advisable and placing your name on several waiting lists is legal and certainly advisable.

As an applicant you have the right to refuse any offer, so you should not be fearful to apply on several waiting lists.


Income Guidelines for 2000-2001

Low Income (LI)
  • 1 person = $33,250
  • 2 persons = $38,000
Very Low Income (VLI)
  • 1 person = $20,800
  • 2 persons = $23,750

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