FAQ

Nicolet Terrace Apartments

Am I eligible for assisted housing?

Do I qualify for housing if I have substantial assets in savings, stocks or bonds?

Yes – When determining eligibility, we count all sources of income, such as wages, social security, pensions, disability compensation, etc. We count only the interest from assets in stocks, bonds, savings, etc.

If I sell my home what happens?

The home is an asset. When you sell it, we require a settlement sheet that shows the selling price of the home, and related expenses, such as broker fees, taxes, unpaid mortgage balance, etc. We subtract these from the sale price to arrive at the actual asset value. You may invest your assets as you choose.

Is it true that you do not count assets in an Irrevocable Trust?

Yes-However, we must count any money given on your behalf, from trust. For example, if the trust paid for your medical insurance of $800.00 a year, we include the $800.00 as income. If the trust paid for a new car and it is in your name, we count the amount the trust paid for the car.

May I have a pet?

Yes - a small pet is allowed (View pet policy). The pet must be neutered or spayed, up-to-date with its shots, and licensed with the City of De Pere. Permission must be granted by the Housing Authority before acquiring the pet and additional responsibilities will be addressed at that time.

Can I have a two bedroom apartment?

Two bedroom apartments are available for couples only. Should one of the members vacate, the remaining member will be moved at his/her own expense, to a single-bedroom apartment when one becomes available.

How much is the Rent?

Rent is income based and will generally equal 30% of the gross household income.

Do I have to pay a Security Deposit?

Security deposits are due within three (3) days of a unit being offered. Security Deposit is currently $300.00. Pet deposit (if applicable) is an additional $350.00.

Family Housing

Am I eligible for assisted housing?

Do I qualify for housing if I have substantial assets in savings, stocks or bonds?

Yes – when determining eligibility, we count all sources of income, such as wages, social security, pensions, disability compensation, etc. We count only the interest from assets in stocks, bonds, savings, etc.

May I have a pet?

Yes — view pet policy. The pet must be neutered or spayed, up-to-date with its shots, and licensed with the City of De Pere. Permission must be granted by the Housing Authority before acquiring the pet and additional responsibilities will be addressed at that time.

How many bedrooms will I have?

The number of family members determines which home size for which an applicant is eligible. The Housing Authority owns fifteen (15) homes in the De Pere area. Eleven (11) are three-bedrooms, three (3) are four-bedrooms, and one (1) is five-bedroom. Should a family be determined to be over-housed by HUD’s occupancy standards, the family may be required to move into an appropriately sized unit at the direction of the Housing Authority (i.e. a family with two dependent-aged children living in a 4-BR would be moved into a 3 BR as soon as possible)

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