River Falls Terrace LIHTCPB Section 8 River Falls, WI
Profile last updated · Data vintage: HUD FY2025
River Falls Terrace is a Project-Based Section 8 community in River Falls, WI with 32 units reporting 91% occupancy. Assisted residents pay about $414/month on average.
32
total units
91%
occupancy
$414
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Project-Based Section 8, Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 405 S Wasson Ln, River Falls, WI 54022 Map → |
| Average household income | $17,697/yr |
| Average personal income | $7,727/yr |
| People per unit | 2.3 |
| Moved in within last year | 16% |
| Households below 30% AMI | 84% |
| Households below 50% AMI | 100% |
How to apply at River Falls Terrace
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.
- Call or visit the management office at 405 S Wasson Ln, River Falls; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget (~$414/mo average here).
Other subsidized housing in River Falls
- Riverview Manor Public Housing
- Timber Ridge Apts LIHTC
- Village Park Apts LIHTC
- River Glen Apts LIHTC
- Red Cedar Estates LIHTC
- Red Cedar Estates Ii LIHTC
- Windmill Place LIHTCPB Section 8
← All subsidized housing in River Falls
Frequently asked questions
What kind of subsidy does River Falls Terrace have?
Project-Based Section 8; 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 River Falls Terrace?
Residents report average rents near $414/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at River Falls Terrace?
Contact the management office at 405 S Wasson Ln in River Falls. 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.