Mcra Home Ownership Program LIHTC Madison, WI

Profile last updated · Data vintage: HUD LIHTC 2024

Mcra Home Ownership Program is a Low-Income Housing Tax Credit (LIHTC) community in Madison, WI with 5 units. Rents are set relative to household income.

5
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address41 Schenk St, Madison, WI 53714 Map →
Tax-credit (LI) units5
Placed in service2004

How to apply at Mcra Home Ownership Program

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 41 Schenk St, Madison; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Madison

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Park Glen Commons LIHTCMadison0.8 km
Meadow Park Townhomes PB Section 8Madison0.8 km
Meadowpark Apts LIHTCMadison0.8 km
Eagle Harbor Apartments LIHTCPB Section 8Madison1.1 km
Rsh §811Madison1.7 km
Rethke Terrace LIHTCPB Section 8Madison2 km
Prentice Park Apts LIHTCMadison2 km
Williamstown Bay East LIHTCMadison2 km

← All subsidized housing in Madison

Frequently asked questions

What kind of subsidy does Mcra Home Ownership Program have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Mcra Home Ownership Program?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Mcra Home Ownership Program?
Contact the management office at 41 Schenk St in Madison. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.