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 |
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.