Grand Avenue Lofts is managed by ACC Management Group, Inc..
Their location is second to none, just minutes from Milwaukee's up and coming sports arena, restaurants, boutiques, art galleries, prestigious Universities and the Potawatomi Casino! These sprawling 2 and 3 bedroom apartments are sure to meet all of your needs. Energy efficient appliances, large living and bedroom spaces, and the open floor plan kitchen/dining area makes for a wonderful space to entertain friends and family. Heat is included to ensure you stay warm and cozy during the frigid Milwaukee winters.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/1) | 1000 | From $820 To $855 |
3 Bedroom (3/1) | 1250 | $940 |
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 Grand Avenue Lofts.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $35,000 | $40,000 | $45,000 | $49,950 | $53,950 | $57,950 |
Low Income (60%) | $42,000 | $48,000 | $54,000 | $59,940 | $64,740 | $69,540 |
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.