About This Property
Standing Rock Homes, Phase X comprises 24 low-income units in Wakpala, South Dakota, with a unit mix of twelve 3-bedroom and twelve 4-bedroom homes. The property has been in service since 2007 and utilizes 9% Low Income Housing Tax Credits. Current management contact information is available upon request.
Property Details
Fair Market Rent - Corson 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 | $613 |
| 1 Bedroom | $689 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,100 |
| 4 Bedroom | $1,290 |
Income Limits - Corson County, SD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,750
- Very Low (50%)
- $24,550
- Low (80%)
- $39,300
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,050
- Low (80%)
- $44,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,550
- Low (80%)
- $50,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,050
- Low (80%)
- $56,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,900
- Low (80%)
- $60,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,500
- Low (80%)
- $69,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,300
- Low (80%)
- $74,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,750 | $24,550 | $39,300 |
| 2 Persons | $17,420 | $28,050 | $44,900 |
| 3 Persons | $21,960 | $31,550 | $50,500 |
| 4 Persons | $26,500 | $35,050 | $56,100 |
| 5 Persons | $31,040 | $37,900 | $60,600 |
| 6 Persons | $35,580 | $40,700 | $65,100 |
| 7 Persons | $40,120 | $43,500 | $69,600 |
| 8 Persons | $44,660 | $46,300 | $74,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Wakpala, SD?+
The Fair Market Rent (FMR) for Corson County, SD is: $613 (Studio), $689 (1BR), $905 (2BR), $1100 (3BR), $1290 (4BR). Actual rent at subsidized properties like Standing Rock Homes, Phase X is typically 30% of household income or less.
What size apartments are available at Standing Rock Homes, Phase X?+
Standing Rock Homes, Phase X offers the following unit types: 12 Three-Bedroom, 12 Four-Bedroom units, for a total of 24 units.
What is the price range for apartments in Wakpala, SD?+
Based on Fair Market Rent for Corson County, the estimated price range is: 3-bedroom: $1100. Actual rent at Standing Rock Homes, Phase X may be lower for income-eligible households.
How do I apply for housing at Standing Rock Homes, Phase X?+
Standing Rock Homes, Phase X 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.
Who manages Standing Rock Homes, Phase X?+
Standing Rock Homes, Phase X is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Corson County, SD?+
For a 4-person household in Corson County, SD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,050, Low Income (80% AMI): $56,100. These limits are set by HUD and updated annually.