About This Property
Eagle Nest, Phase I consists of 10 three-bedroom units designated for low-income families in Midland, South Dakota. The property has been in service since 1998 and operates under 9% Low-Income Housing Tax Credit financing. A non-profit organization owns and manages the development.
Property Details
Fair Market Rent - Haakon 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 | $685 |
| 1 Bedroom | $769 |
| 2 Bedroom | $1,011 |
| 3 Bedroom | $1,338 |
| 4 Bedroom | $1,624 |
Income Limits - Haakon 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Midland, SD?+
The Fair Market Rent (FMR) for Haakon County, SD is: $685 (Studio), $769 (1BR), $1011 (2BR), $1338 (3BR), $1624 (4BR). Actual rent at subsidized properties like Eagle Nest, Phase I is typically 30% of household income or less.
What size apartments are available at Eagle Nest, Phase I?+
Eagle Nest, Phase I offers the following unit types: 10 Three-Bedroom units, for a total of 10 units.
What are the income limits for affordable housing in Haakon County, SD?+
For a 4-person household in Haakon 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.
Who is eligible to live at Eagle Nest, Phase I?+
Eagle Nest, Phase I primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Midland, SD?+
Based on Fair Market Rent for Haakon County, the estimated price range is: 3-bedroom: $1338. Actual rent at Eagle Nest, Phase I may be lower for income-eligible households.
Who manages Eagle Nest, Phase I?+
Eagle Nest, Phase I is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Eagle Nest, Phase I?+
Eagle Nest, Phase I 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.