Low Income (LIHTC)Waitlist Open

River Court

912 Elm St, Vermillion, SD, 57069

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

River Court comprises 24 low-income units in Vermillion, South Dakota. The property was placed in service in 1992 and is situated in Clay County. Interested parties can contact the property management for additional information regarding availability and lease terms.

Waitlist Information

Waitlist managed by Vermillion Housing and Redevelopment Commission

Public Housing Waitlist

Closed

No current information found regarding a specific public housing waiting list or application process.

Last verified April 29, 2026

Section 8 (HCV) Waitlist

Open

Apply: Multiple

Preferences include current residents of Clay County, persons in substandard housing, homeless, involuntarily displaced, and those paying over 50% of income for housing. Local preferences may also be given to domestic violence victims, elderly/disabled, and working families with children (20+ hours/week). Placement is based on date and time the preliminary application is received.

Last verified February 6, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units

Fair Market Rent - Clay County, SD

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

Bedrooms	FMR
Studio/Efficiency	$666
1 Bedroom	$747
2 Bedroom	$982
3 Bedroom	$1,384
4 Bedroom	$1,666

Income Limits - Clay County, SD

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $16,800
Very Low (50%): $28,000
Low (80%): $44,800

2 Persons

Extremely Low (30%): $19,200
Very Low (50%): $32,000
Low (80%): $51,200

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $36,000
Low (80%): $57,600

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $40,000
Low (80%): $63,950

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $43,200
Low (80%): $69,100

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $46,400
Low (80%): $74,200

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $49,600
Low (80%): $79,300

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $52,800
Low (80%): $84,450

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$16,800	$28,000	$44,800
2 Persons	$19,200	$32,000	$51,200
3 Persons	$21,960	$36,000	$57,600
4 Persons	$26,500	$40,000	$63,950
5 Persons	$31,040	$43,200	$69,100
6 Persons	$35,580	$46,400	$74,200
7 Persons	$40,120	$49,600	$79,300
8 Persons	$44,660	$52,800	$84,450

Tax Credit Program Details

Year Placed in Service

1992

Low-Income Units

24 / 24

Frequently Asked Questions

What is the average rent for affordable housing in Vermillion, SD?+

The Fair Market Rent (FMR) for Clay County, SD is: $666 (Studio), $747 (1BR), $982 (2BR), $1384 (3BR), $1666 (4BR). Actual rent at subsidized properties like River Court is typically 30% of household income or less.

What are the income limits for affordable housing in Clay County, SD?+

For a 4-person household in Clay County, SD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,000, Low Income (80% AMI): $63,950. These limits are set by HUD and updated annually.

Who manages River Court?+

River Court is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at River Court?+

River Court 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.

Is there a waitlist for River Court?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

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