Madison Place

215 Madison St, Beaver Dam, Wisconsin 53916

Contact Madison Place

Located in beautiful downtown Beaver Dam, we offer one and two bedroom
apartment homes designed to meet the needs of today's active seniors.
We offer 62 affordable and market rate apartment homes with spacious floor plans ranging from 640 to 1040 square feet.

Madison Place provides the optimum in independent living
with an array of amenities.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	640	Call for Price
2 Bedroom (2/1)	882	Call for Price
2 Bedroom (2/1)	922	Call for Price

Eligibility for Madison Place

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Beaver Dam but actual income limits may differ for units at Madison Place.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$30,250	$34,550	$38,850	$43,150
Low Income (60%)	$36,300	$41,460	$46,620	$51,780

Madison Place Details

62 one and two bedroom units.
$20.00 application fee
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Controlled Access
Elevator
Community Room
Underground Parking
24 Hour Maintenance
Beautiful Landscape

Unit Amenities

Air Conditioning
Dishwasher
Walk-in Closet(s)
Window Coverings
Extra Storage
Water Trash and Sewer Included
Washer and Dryer Included
Private Patio and Balcony

Office Hours

Day	Hours
Monday	10:00am-4:00pm
Tuesday	10:00am-4:00pm
Wednesday	10:00am-4:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.