111 S Washington Ave, Madison, SD 57042
Waiting List Forecast: Open Until Further Notice
Verified for 2022 by Nathan Brunet| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 Bath | 362 - 724 Sq Ft |
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:
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.
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
| 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† |
| 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.
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.
Stay in contact with the housing agency after applying.
While on a waiting list, always keep your information up to date. If you get selected for housing, the agency needs to know how to reach you!Sabrina Roberts says:
"Affordable Housing Online is a wonderful resource that will assist an enormous amount of people."