King Drive Commons I

2774 N MLK Dr, Milwaukee, Wisconsin 53212

Contact King Drive Commons I

The King Drive Commons Project consists of the construction of a new 3 story building located on the corner of Dr. Martin Luther King Jr. Drive and Hadley Street in Milwaukee, WI. The first floor consists of approximately 6,000 sf of retail storefront space with interior secure parking for the upper floor residential units tucked behind the storefront space. There is also additional exterior surface parking located behind the building.

The second and third floors of the building will hold eighteen two-bedroom units. Each unit will have its own private balcony and include upscale amenities, such as:

All appliances included
Frost Free Refrigerator
Self Cleaning Ovens
Microwaves
Dishwashers
Garbage Disposals
Central Air Conditioning
High Speed Cable ready Mini-blinds
Ceramic Tile Kitchens and Baths On-site laundry

Eligibility for King Drive Commons I

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 King Drive Commons I.

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

King Drive Commons I Details

18 bedroom units.
Low Rise
Low-Income Housing Tax Credit (LIHTC)

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.