Lakeview Tower

111 S Washington Ave, Madison, SD 57042

Waiting List Forecast: Open Until Further Notice

check_circleVerified for 2022 by Nathan Brunet

Rent	Beds	Baths	SqFt
Call for Rents^†	Studio - 2 Beds	1 Bath	362 - 724 Sq Ft

Call (605) 256-2112 Email

Waitlist Information

Lakeview Tower Waiting List

The Madison Housing and Redevelopment Commission (MHRC) waiting list for Public Housing apartments at Lakeview Tower is currently open. Applications are being accepted since at least November, 2020, until further notice.

To apply during the opening period, print the paper application available online. Select the "Pre-Application Form" link.

This waiting list may have any of the following preferences:

Head of household or spouse 62 years old or older **Provide drivers license
Head of household or spouse disabled*** Please provide copy of Social Security Award Letter
Head of household or spouse Veteran***Honorably discharged from any branch of the US Armed Forces, active or inactive military personnel and immediate family members or both.*** Please provide military papers.
Head of household and/or spouse works a specific amount of hours per week
Special/emergency circumstances, such as:
- Families that meet the eligibility criteria for and are participating in a MHRC demonstration program or special initiative;
- Families that are victims of a federally declared national disaster affecting the city of Madison;
- Families that are an active participant in a Witness Protection Program or State Victim Assistance Program;
- Families living in a MHRC administered housing unit which must be rehabilitated to meet ADA/504 requirements and for whom alternate MHRC administered housing units are not available***Please provide documentation.

For more information, visit the MHRC website.

Go to the public housing authority page for this waiting list >>

LAKEVIEW TOWER, a 12 story high, 94 unit housing project located at 111 South Washington Avenue, Madison, South Dakota.

There are 59 efficiency units, 32 one-bedroom units, and 3 two-bedroom units.

Dave's Thoughts On Lakeview Tower

This property is funded through HUD’s Public Housing program. These properties are typically owned and managed by a Public Housing Authority. These properties tend to be much older, as no new public housing has been built in many years. Since the Federal budget has historically (and notoriously) underfunded public housing renovations for decades, these properties tend to have higher vacancies due to uninhabitable units or liveable units that are in poor condition. In addition, since all public housing properties offer rent subsidies, low-income residents only pay rent based on their incomes. For that reason, these properties tend to have longer waiting lists. Check our public housing waiting list data for more information. Since Lakeview Tower participates in the Public Housing program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

~ Dave Layfield, Founder of Affordable Housing Online

Units at Lakeview Tower

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	362ft²	Call for Price^†
1 Bedroom (1/1)	448ft²	Call for Price^†
2 Bedroom (2/1)	724ft²	Call for Price^†

Income Qualification for Lakeview Tower

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people
30% AMI for PBRA Units	$19,600 / year	$22,400 / year	$25,200 / year	$30,000 / year
50% AMI for LIHTC Units	$32,650 / year	$37,300 / year	$41,950 / year	$46,600 / year
50% AMI for PBRA Units	$32,650 / year	$37,300 / year	$41,950 / year	$46,600 / year
80% AMI for PBRA Units	$52,200 / year	$59,650 / year	$67,100 / year	$74,550 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Lakeview Tower

Does Lakeview Tower have a waiting list?

Lakeview Tower has a waiting list. See above for waiting list details.

Are rents subsidized at Lakeview Tower?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to Lakeview Tower, how many other affordable housing properties (and units) are there in Madison?

In addition to Lakeview Tower, we list 10 other affordable properties in Madison. Learn about these properties here. Our data research shows that there are a total of 281 affordable units in Madison.

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