2821 Welford Sanders Lofts

2812 N 5th St, Milwaukee, Wisconsin 53212

Contact 2821 Welford Sanders Lofts

Welford Sanders Historic Lofts, located in the Harambee Neighborhood, offer 2-bedroom loft-style floor plans. Residents enjoy a secure lobby with locked/fobbed entrance and elevator, cameras strategically placed for optimal viewing of common areas of the property inside and outside, not to mention the apartment intercom which is at the entrance of the building can be used to gain limited access to the building so your guests do not have to wait in the weather. Apartments are also secure with dead bolt entry and there is easy access to residents’ mail with outgoing mail collection on site.

Welford Sanders offers urban style lofts have exposed brick, hardwood floors with a historic character of a former nationally known shoe factory. The building is handicapped accessible with a handicap lift elevator and additional ADA (American Disability Act) units.

Eligibility for 2821 Welford Sanders Lofts

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 Milwaukee but actual income limits may differ for units at 2821 Welford Sanders Lofts.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$35,000	$40,000	$45,000	$49,950	$53,950	$57,950	$61,950	$65,950
Low Income (60%)	$42,000	$48,000	$54,000	$59,940	$64,740	$69,540	$74,340	$79,140

2821 Welford Sanders Lofts Details

59 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

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.