4813 E 54th St, Sioux Falls, SD 57110
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $499 - 900 per Month† | 2 - 4 Beds | 1.5 - 2.5 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.
Bristol Court is located in the South East Part of Sioux Falls on E. 54th St. . (close to 57th and Sycamore Ave). Assistance Animals are allowed by Federal Mandate but may be subject to additional paperwork requirements to verify authenticity of the Assistance Animal.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Bristol Court Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 2 Bedroom (2/1.5) | 1ft2 | $499 $710† |
| 3 Bedroom (3/2) | 1ft2 | $585 $835† |
| 4 Bedroom (4/2.5) | 1ft2 | $623 $900† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,600 / year | $38,400 / year | $43,200 / year | $48,000 / year | $51,850 / year | $55,700 / year | $59,550 / year | $63,400 / year |
| 50% AMI for PBRA Units | $33,600 / year | $38,400 / year | $43,200 / year | $48,000 / year | $51,850 / year | $55,700 / year | $59,550 / year | $63,400 / year |
| 60% AMI for LIHTC Units | $40,320 / year | $46,080 / year | $51,840 / year | $57,600 / year | $62,220 / year | $66,840 / year | $71,460 / year | $76,080 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Bristol Court Apartments have a waiting list?
Bristol Court Apartments 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 Bristol Court Apartments?
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 Bristol Court Apartments?
Bristol Court Apartments is managed by Costello Companies headquartered in Sioux Falls, South Dakota.
In addition to Bristol Court Apartments, how many other affordable housing properties (and units) are there in Sioux Falls?
In addition to Bristol Court Apartments, we list 118 other affordable properties in Sioux Falls. Learn about these properties here. Our data research shows that there are a total of 4686 affordable units in Sioux Falls.
4617 - 4727 South Baha Ave, Sioux Falls, South Dakota 57106
1301 S Majestic View Pl, Sioux Falls, South Dakota 57103
3601 North Career Avenue, Sioux Falls, South Dakota 57107
1000 E 14th St NE, Sioux Falls, South Dakota 57104
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Jenn Rebecca Jones says:
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