Wisconsin

Tax credit apartments in Janesville, WI

HUD's database lists 9 properties in Janesville built or rehabbed with low-income housing tax credits: 546 apartments, 277 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Crown Ridge Apts Homes

1811 Green Forest Run, Janesville, WI 53546

8 1BR, 28 2BR, 16 3BR

Apartments
52
Income-restricted
52
Placed in service
1995

Hamilton Terrace Apts

1310 Hamilton Ave, Janesville, WI 53548

16 1BR, 18 2BR, 12 3BR

Apartments
46
Income-restricted
46
Placed in service
2006

Janesville Commons, Neenah Court, And Menasha Woods

3720-3722 La Mancha Dr, Janesville, WI 53546

6 1BR, 76 2BR, 14 3BR

Apartments
96
Income-restricted
9
Placed in service
2018

Janesville Gardens

208 N Main St, Janesville, WI 53546

140 1BR, 16 2BR, 8 3BR

Apartments
164
Income-restricted
4
Placed in service
2015

Janesville School Apts

408 S Main St, Janesville, WI 53545

19 1BR, 34 2BR

Apartments
55
Income-restricted
33
Placed in service
1999

Lexington Court Apts

2633 N Lexington Dr, Janesville, WI 53545

24 2BR, 8 3BR

Apartments
32
Income-restricted
32
Placed in service
2004

River Terrace Apts

120 N River St, Janesville, WI 53548

8 1BR, 18 2BR

Apartments
26
Income-restricted
26
Placed in service
1995

Riverplace Apts

102 N River St, Janesville, WI 53548

19 1BR, 25 2BR

Apartments
43
Income-restricted
43
Placed in service
1995

Wall Street

2700 W Wall St, Janesville, WI 53548

22 2BR, 10 3BR

Apartments
32
Income-restricted
32
Placed in service
1995

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.