Waico Apartments

1800 N 12th St, Milwaukee, Wisconsin 53205

Contact Waico Apartments

Waico Apartments is comprised of one, two, three and four bedroom apartment homes. With several different apartment layouts, some include washer/dryer hookups, dishwashers and central air conditioning. The community is located in close proximity to shopping, banking, local schools and entertainment.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1.5)	-	Call for Price
3 Bedroom (3/1.5)	-	Call for Price
4 Bedroom (4/1.5)	-	Call for Price

Eligibility for Waico Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Milwaukee but actual income limits may differ for units at Waico Apartments .

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$21,000	$24,000	$27,000	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$35,000	$40,000	$45,000	$49,950	$53,950	$57,950	$61,950	$65,950
80%	$55,950	$63,950	$71,950	$79,900	$86,300	$92,700	$99,100	$105,500

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 Waico Apartments .

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

Waico Apartments Details

36 one, two, three and four bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
Computer Lab
Community Room
On-Site Manager
24hr Emergency Maintenance
Landscaping
On-Site Laundry

Unit Amenities

Air Conditioning
Dishwasher
Garbage Disposal
Washer and Dryer Hookup
Trash Included
Heat and Hot Water Included

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.