4302 Cedar Ridge Pl, Rapid City, SD 57702
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 1.5 Bath | - |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Cedar Ridge Townhouses Application Requirements The Membership Fee for Cedar Ridge Townhouses is $385.00. Forty ($40.00) of that must be paid by check or money order, when the application is made. The remaining amount of $345.00 plus the first month's rent must be paid by a check or money order before you move in. Your membership fee of $385.00 will be returned to you, less any cost of damages or money owed the property within thirty (30) after you move out. Because you are a member of a cooperative, the amount you pay to live in your unit is considered a "Carrying Charge" instead of rent. Your contribution toward the carrying charge for your unit will be determined by your income, family size and other factors in accordance with HUD regulations and/or Section 8 Housing Programs. A Criminal History, Sex Offender History, Credit History, and Previous Rental History will be done for all adults listed on your household composition. You must list all persons who will live in the unit under household composition. After the history reports are gathered, the application will be given to the Cedar Ridge Board for review at their regular board meeting. Please call us for an application, then bring it along with the following into the Office: Social Security Cards for each household member Birth Certificate for everyone in the household Driver's License or ID cards- where applicable. When your application is turned in, you will be placed on a waiting list. When your name reaches the top of the list, you will be notified. At that time, you will need to provide documentation of information regarding your income, assets, and other information as it relates to your household composition for the calculation of your carrying charge amount (rent). Please note that all previous landlord and utility fees must be paid in full before an application can be accepted.
Since Cedar Ridge Townhouses participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance 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 |
|---|---|---|
| 1 Bedroom (1/1) | - | Rent is Based On Your Income† |
| 2 Bedroom (2/1) | - | Rent is Based On Your Income† |
| 3 Bedroom (3/1.5) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,850 / year | $21,550 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $31,400 / year | $35,900 / year | $40,400 / year | $44,850 / year | $48,450 / year | $52,050 / year |
| 50% AMI for PBRA Units | $31,400 / year | $35,900 / year | $40,400 / year | $44,850 / year | $48,450 / year | $52,050 / year |
| 80% AMI for PBRA Units | $50,250 / year | $57,400 / year | $64,600 / year | $71,750 / year | $77,500 / year | $83,250 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cedar Ridge Townhouses have a waiting list?
Cedar Ridge Townhouses probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Cedar Ridge Townhouses?
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.
What property management company manges Cedar Ridge Townhouses?
Cedar Ridge Townhouses is managed by Lewis Kirkeby headquartered in Rapid City , South Dakota.
In addition to Cedar Ridge Townhouses, how many other affordable housing properties (and units) are there in Rapid City?
In addition to Cedar Ridge Townhouses, we list 47 other affordable properties in Rapid City. Learn about these properties here. Our data research shows that there are a total of 2285 affordable units in Rapid City.
Report unemployment income to your housing agency.
All employment income is required to be reported for federal housing assistance - including unemployment income.Josie Shivers says:
"Affordable Housing Online is a very helpful website. I was able to put it in a Section 8 application, and received a letter that I was chosen to be on a waiting list!"