About This Property
Historic Olson Bldg Loft Apts in Racine offers 78 units across a mix of one, two, and three-bedroom floor plans, with 58 units designated as low-income housing. The property has been in service since 2002 and provides apartment options in a range of sizes to accommodate different household needs.
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 Historic Olson Bldg Loft Apts is typically 30% of household income or less.
What size apartments are available at Historic Olson Bldg Loft Apts?+
Historic Olson Bldg Loft Apts offers the following unit types: 31 One-Bedroom, 37 Two-Bedroom, 10 Three-Bedroom units, for a total of 78 units.
Is there a waitlist for Historic Olson Bldg Loft Apts?+
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.
What is the price range for apartments in Racine, WI?+
Based on Fair Market Rent for Racine County, the estimated price range is: 1-bedroom: $842, 2-bedroom: $1092, 3-bedroom: $1429. Actual rent at Historic Olson Bldg Loft Apts may be lower for income-eligible households.
How do I apply for housing at Historic Olson Bldg Loft Apts?+
Historic Olson Bldg Loft Apts 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.
Who manages Historic Olson Bldg Loft Apts?+
Historic Olson Bldg Loft Apts is managed by . You can reach them at . Visit their website for more information.
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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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