About This Property
623 N Memorial Dr in Racine, Wisconsin offers one 4-bedroom unit designated as a low-income housing option. The property was placed in service in 1988 and utilizes 4% Low-Income Housing Tax Credit (LIHTC) financing to maintain affordability.
Waitlist Information
Waitlist managed by Housing Authority of Racine County
All public housing waiting lists are currently closed. Declining two invitations to apply will result in the application being purged from the waitlist. Qualified residents pay 30% of their adjusted monthly income towards rent.
The HCV waiting list last closed on June 22, 2023, and there is no announced reopening date. Households generally must not exceed 50% of the median income, with 75% of vouchers going to those at or below 30% AMI. Applicants typically spend an average of 18 months on the waiting list.
Waitlist data provided by section8waitlist.org
Updated November 4, 2026
Property Details
Fair Market Rent - Racine 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 | $740 |
| 1 Bedroom | $842 |
| 2 Bedroom | $1,092 |
| 3 Bedroom | $1,429 |
| 4 Bedroom | $1,662 |
Income Limits - Racine County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,250
- Very Low (50%)
- $27,050
- Low (80%)
- $43,250
- Extremely Low (30%)
- $18,550
- Very Low (50%)
- $30,900
- Low (80%)
- $49,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,750
- Low (80%)
- $55,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,600
- Low (80%)
- $61,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,700
- Low (80%)
- $66,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,900
- Low (80%)
- $76,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,000
- Low (80%)
- $81,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,250 | $27,050 | $43,250 |
| 2 Persons | $18,550 | $30,900 | $49,400 |
| 3 Persons | $21,960 | $34,750 | $55,600 |
| 4 Persons | $26,500 | $38,600 | $61,750 |
| 5 Persons | $31,040 | $41,700 | $66,700 |
| 6 Persons | $35,580 | $44,800 | $71,650 |
| 7 Persons | $40,120 | $47,900 | $76,600 |
| 8 Persons | $44,660 | $51,000 | $81,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Racine, WI?+
The Fair Market Rent (FMR) for Racine County, WI is: $740 (Studio), $842 (1BR), $1092 (2BR), $1429 (3BR), $1662 (4BR). Actual rent at subsidized properties like 623 N Memorial Dr is typically 30% of household income or less.
What size apartments are available at 623 N Memorial Dr?+
623 N Memorial Dr offers the following unit types: 1 Four-Bedroom units, for a total of 1 units.
What are the income limits for affordable housing in Racine County, WI?+
For a 4-person household in Racine County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,600, Low Income (80% AMI): $61,750. These limits are set by HUD and updated annually.
How do I apply for housing at 623 N Memorial Dr?+
623 N Memorial Dr is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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.
Is there a waitlist for 623 N Memorial Dr?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages 623 N Memorial Dr?+
623 N Memorial Dr is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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