Arcade Apartments is managed by The Michaels Organization.
Overlooking Lake Michigan and Festival Park, Arcade Apartments is the perfect mix of elegant vintage revival architecture and modern day finishes. Select your perfect home from 55 expertly laid out floor plans and you are sure to get everything on your wish list. With hardwood floors and loft bedrooms, you get a beautiful home with a stunning view that is within walking distance of almost anything you could want. Countless restaurants, the Racine Art Museum, Racine Memorial Hall, the Racine Public Library, and much more are all within blocks of your new beautiful home. Relax on the rooftop gazebo and enjoy the sweeping city views. Your lakeside city escape is waiting for you at Arcade.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 539-1200 | From $989 |
Two Bedroom (2/1) | 885-1370 | From $1,178 |
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 Racine but actual income limits may differ for units at Arcade Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $32,000 | $36,600 | $41,150 | $45,700 |
Low Income (60%) | $38,400 | $43,920 | $49,380 | $54,840 |
Day | Hours |
---|---|
Monday | 9:00am-6:00pm |
Tuesday | 9:00am-6:00pm |
Wednesday | 9:00am-6:00pm |
Thursday | 9:00am-6:00pm |
Friday | 9:00am-6:00pm |
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.