Low Income (LIHTC)Waitlist Open

Memory Lane

901 Memory Ln Apt 5, Yankton, SD, 57078

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Memory Lane offers 18 units of low-income housing in Yankton, South Dakota. The property has been in service since 1994 and serves residents in Yankton County. This affordable housing community provides rental options for low-income households.

Waitlist Information

Waitlist managed by Yankton Housing & Redevelopment Commission

Public Housing Waitlist

Closed

No specific information found regarding future openings or application methods for the closed public housing waiting list.

Last verified April 1, 2026

Section 8 (HCV) Waitlist

Open

Apply: Multiple

The waiting list prioritizes applicants based on preferences like living in substandard housing or homelessness, high rent burden, employment, domestic violence victim status, or a disabled/handicapped head of household; it currently targets households at 30% area median income. The waiting list length is currently 12 months.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units

Fair Market Rent - Yankton 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	$734
2 Bedroom	$905
3 Bedroom	$1,275
4 Bedroom	$1,536

Income Limits - Yankton County, SD

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

1 Person

Extremely Low (30%): $15,150
Very Low (50%): $25,200
Low (80%): $40,350

2 Persons

Extremely Low (30%): $17,420
Very Low (50%): $28,800
Low (80%): $46,100

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $32,400
Low (80%): $51,850

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $36,000
Low (80%): $57,600

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $38,900
Low (80%): $62,250

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $41,800
Low (80%): $66,850

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $44,650
Low (80%): $71,450

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $47,550
Low (80%): $76,050

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$15,150	$25,200	$40,350
2 Persons	$17,420	$28,800	$46,100
3 Persons	$21,960	$32,400	$51,850
4 Persons	$26,500	$36,000	$57,600
5 Persons	$31,040	$38,900	$62,250
6 Persons	$35,580	$41,800	$66,850
7 Persons	$40,120	$44,650	$71,450
8 Persons	$44,660	$47,550	$76,050

Tax Credit Program Details

Year Placed in Service

1994

Low-Income Units

18 / 18

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Yankton County, SD is: $613 (Studio), $734 (1BR), $905 (2BR), $1275 (3BR), $1536 (4BR). Actual rent at subsidized properties like Memory Lane is typically 30% of household income or less.

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

For a 4-person household in Yankton County, SD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,000, Low Income (80% AMI): $57,600. These limits are set by HUD and updated annually.

How do I apply for housing at Memory Lane?+

Memory Lane 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 Memory Lane?+

Memory Lane is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Memory Lane?+

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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