The Depot

315 River St, River Falls, Wisconsin 54022

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The Depot is managed by Paramark Real Estate Services.

Located just west of the Kinnickinnic River in scenic River Falls, Wisconsin, The Depot is a new income-restricted, 55+ living community being built with the unique needs of seniors in mind.

The Depot is more than just a housing facility – it’s a community outfitted with all of the amenities you need to feel right at home in one and two-bedroom units.

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

Eligibility for The Depot

The Depot Details

  • 50 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Community Room
  • On-Site Manager

Unit Amenities

  • Air Conditioning
  • Microwave
  • Window Coverings
  • Sewer Included
  • Water Included
  • Washer and Dryer Included
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.

Nearby Low Income Apartment Communities like The Depot

Windmill Place Senior Apartment Living

914 S Main St
River Falls, Wisconsin
Rent Assisted
LIHTC
Call For Rent
1-2 BR