Pine Bend Townhomes

1100 Baker Ave, Ladysmith, Wisconsin 54848

Contact Pine Bend Townhomes

Pine Bend Townhomes has spacious 1, 2 and 3 bedroom townhome style living. Conveneintly located in Ladysmith. Added features include a dishwasher, full size washer and dryer, back and front entrances, cozy porch in a secluded setting, onsite staff and a great community feel.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	750	Call for Price
2 Bedroom (2/1)	910	Call for Price
3 Bedroom (3/2)	1	Call for Price

Eligibility for Pine Bend Townhomes

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 Ladysmith but actual income limits may differ for units at Pine Bend Townhomes.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$29,750	$34,000	$38,250	$42,500	$45,900	$49,300
Low Income (60%)	$35,700	$40,800	$45,900	$51,000	$55,080	$59,160

Pine Bend Townhomes Details

24 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Playground
Garage
Wheel Chair Accessible

Unit Amenities

Dishwasher
Washer and Dryer Hookup
Patio Deck Or Balcony
Washer and Dryer Included

Office Hours

Day	Hours
Monday	8:00am-12:00pm
Tuesday	8:00am-12:00pm
Wednesday	8:00am-12:00pm
Thursday	8:00am-12:00pm
Friday	8:00am-12:00pm

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.