Beacon Avenue Cottages is managed by The Commonwealth Companies.
This Commonwealth Property offers affordable housing with a preference to veterans but open to all qualified applicants. Commonwealth Management Corporation is a locally owned Wisconsin based company who specialize in exceptional, quality affordable housing.
Nestled in a quiet neighborhood, this brand new apartment community is now accepting applications for immediate move-ins. Each spacious two and three-bedroom apartment boasts a bright and sunny authentic Cape Cod charm feel to them and includes private entrance, large kitchenette, washer and dryer hook ups, central heat, in-wall air conditioning, and attached garage, all on one level.
Your caring and responsive management team awaits your call or e-mail so act fast and contact us today!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/1) | 1073 | Call for Price |
2 Bedroom (2/1) | 1073 | Call for Price |
3 Bedroom (3/2) | 1305 | Call for Price |
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 New London but actual income limits may differ for units at Beacon Avenue Cottages.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Low Income (60%) | $42,600 | $48,660 | $54,720 | $60,780 | $65,700 | $70,560 |
Day | Hours |
---|---|
Tuesday | 10:00am-5:00pm |
Thursday | 10:00am-4:00pm |
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.