About This Property
Pray Property contains 6 units in Flandreau, South Dakota, with 3 designated as low-income housing. The property has been in service since 1990 and is located in Moody County.
Property Details
Fair Market Rent - Moody 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 | $1,256 |
| 4 Bedroom | $1,536 |
Income Limits - Moody County, SD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,850
- Very Low (50%)
- $26,400
- Low (80%)
- $42,250
- Extremely Low (30%)
- $18,100
- Very Low (50%)
- $30,200
- Low (80%)
- $48,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,700
- Low (80%)
- $60,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,750
- Low (80%)
- $65,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,750
- Low (80%)
- $69,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,750
- Low (80%)
- $74,800
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,800
- Low (80%)
- $79,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,850 | $26,400 | $42,250 |
| 2 Persons | $18,100 | $30,200 | $48,250 |
| 3 Persons | $21,960 | $33,950 | $54,300 |
| 4 Persons | $26,500 | $37,700 | $60,300 |
| 5 Persons | $31,040 | $40,750 | $65,150 |
| 6 Persons | $35,580 | $43,750 | $69,950 |
| 7 Persons | $40,120 | $46,750 | $74,800 |
| 8 Persons | $44,660 | $49,800 | $79,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Flandreau, SD?+
The Fair Market Rent (FMR) for Moody County, SD is: $613 (Studio), $689 (1BR), $905 (2BR), $1256 (3BR), $1536 (4BR). Actual rent at subsidized properties like Pray Property is typically 30% of household income or less.
What are the income limits for affordable housing in Moody County, SD?+
For a 4-person household in Moody County, SD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,700, Low Income (80% AMI): $60,300. These limits are set by HUD and updated annually.
How do I apply for housing at Pray Property?+
Pray Property 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 Pray Property?+
Pray Property is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.