716 N Iowa St, Mitchell, SD 57301
Waiting List Forecast: Likely Short or None
Verified for 2023 by Marley Grafsgard| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 3 Beds | 2 Baths | 1 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Find yourself at home in northwest Mitchell. The Landings are right across the street from the Mitchell Middle School and minutes away from any destination in Mitchell. The Landings offers a variety of newly built two and three bedroom style townhomes that have modern finishes, a private entrance, and a washer/dryer in unit. Income guidelines apply to most of these units.
Because The Landings participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 3 Bedroom (3/2) | 1ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,900 / year | $34,150 / year | $38,400 / year | $42,650 / year | $46,100 / year | $49,500 / year |
| 50% AMI for PBRA Units | $29,900 / year | $34,150 / year | $38,400 / year | $42,650 / year | $46,100 / year | $49,500 / year |
| 60% AMI for LIHTC Units | $35,880 / year | $40,980 / year | $46,080 / year | $51,180 / year | $55,320 / year | $59,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Landings have a waiting list?
The Landings probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at The Landings?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges The Landings?
The Landings is managed by Lloyd Companies headquartered in Sioux Falls, SD.
In addition to The Landings, how many other affordable housing properties (and units) are there in Mitchell?
In addition to The Landings, we list 23 other affordable properties in Mitchell. Learn about these properties here. Our data research shows that there are a total of 779 affordable units in Mitchell.
When was the The Landings listing last updated?
The Landings listing on Affordable Housing Online was last updated on 01/02/2023 by Marley Grafsgard. Remember, a property's status can change so you should contact the property to confirm.
Looking for landlords who will take a Section 8 voucher?
Ask your housing authority if they have a list of landlords who accept Section 8 Housing Choice Vouchers.Michelle Eans says:
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