About This Property
Menominee Homes III comprises 24 units in Neopit, Wisconsin, with 13 designated as low-income housing. The property, which entered service in 2007, includes seven 2-bedroom, six 3-bedroom, and eleven 4-bedroom units. Management information is available upon inquiry.
Property Details
Fair Market Rent - Menominee County, WI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $660 |
| 1 Bedroom | $716 |
| 2 Bedroom | $941 |
| 3 Bedroom | $1,174 |
| 4 Bedroom | $1,319 |
Income Limits - Menominee County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,100
- Very Low (50%)
- $25,150
- Low (80%)
- $40,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,750
- Low (80%)
- $46,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,350
- Low (80%)
- $51,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,900
- Low (80%)
- $57,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,800
- Low (80%)
- $62,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,650
- Low (80%)
- $66,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,550
- Low (80%)
- $71,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,400
- Low (80%)
- $75,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,100 | $25,150 | $40,250 |
| 2 Persons | $17,420 | $28,750 | $46,000 |
| 3 Persons | $21,960 | $32,350 | $51,750 |
| 4 Persons | $26,500 | $35,900 | $57,450 |
| 5 Persons | $31,040 | $38,800 | $62,050 |
| 6 Persons | $35,580 | $41,650 | $66,650 |
| 7 Persons | $40,120 | $44,550 | $71,250 |
| 8 Persons | $44,660 | $47,400 | $75,850 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Neopit, WI?+
The Fair Market Rent (FMR) for Menominee County, WI is: $660 (Studio), $716 (1BR), $941 (2BR), $1174 (3BR), $1319 (4BR). Actual rent at subsidized properties like Menominee Homes Iii is typically 30% of household income or less.
What size apartments are available at Menominee Homes Iii?+
Menominee Homes Iii offers the following unit types: 7 Two-Bedroom, 6 Three-Bedroom, 11 Four-Bedroom units, for a total of 24 units.
Who manages Menominee Homes Iii?+
Menominee Homes Iii is managed by . You can reach them at .
What is the price range for apartments in Neopit, WI?+
Based on Fair Market Rent for Menominee County, the estimated price range is: 2-bedroom: $941, 3-bedroom: $1174. Actual rent at Menominee Homes Iii may be lower for income-eligible households.
How do I apply for housing at Menominee Homes Iii?+
Menominee Homes Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Menominee County, WI?+
For a 4-person household in Menominee County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,900, Low Income (80% AMI): $57,450. These limits are set by HUD and updated annually.
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