220 S Spring South Ave, Sioux Falls, SD 57103
Waiting List Forecast: Likely Short or None
Verified for 2022 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | - |
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.
IRVING CENTER APARTMENTS
Start your downtown Sioux Falls lifestyle at Irving Center Apartments. Our brand new apartments offer an opportunity to be located near the heart of downtown at an affordable price. You'll be within walking distance of the YMCA, downtown Sioux Falls restaurants, shops and entertainment while also being close to nearby schools.
Our modern homes offer bright spaces with lots of natural light, beautiful finishes and amazing community amenities.
***Income restrictions apply at Irving Center Apartments.***
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 Irving Center 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 |
|---|---|---|
| One Bed One Bath (1/1) | - | Call for Price† |
| Two Bedroom One Bath (2/1) | - | Call for Price† |
| Three Bedroom Two Bath (3/2) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,600 / year | $38,400 / year | $43,200 / year | $48,000 / year | $51,850 / year | $55,700 / year |
| 50% AMI for PBRA Units | $33,600 / year | $38,400 / year | $43,200 / year | $48,000 / year | $51,850 / year | $55,700 / year |
| 60% AMI for LIHTC Units | $40,320 / year | $46,080 / year | $51,840 / year | $57,600 / year | $62,220 / year | $66,840 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Irving Center Apartments have a waiting list?
Irving Center 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 Irving Center 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 Irving Center Apartments?
Irving Center Apartments is managed by Lloyd Companies headquartered in Sioux Falls, SD.
In addition to Irving Center Apartments, how many other affordable housing properties (and units) are there in Sioux Falls?
In addition to Irving Center Apartments, we list 201 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.
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Housing options for immigrants.
Some housing programs do not have a citizenship requirement, such as Low-Income Housing Tax Credit apartments.Geri Ridley says:
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