4125 W Cayman St., Sioux Falls, SD 57107
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 603 - 1,257 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.
Put down roots in blossoming northwest Sioux Falls. Grow your career to great heights in this brand new apartment community. Technology Heights II is located at the corner of Cayman Street and Career Avenue, and for good reason. Job opportunities are available nearby at businesses like PREMIER Bankcard, Esurance, Midco, and the future Foundation Park development. Public transportation to shopping, restaurants, and the University Center is accessible right by the property. Other features include a modern exterior design, well-equipped interiors, a fenced-in playground, and utilities included with your rent payment.
***Income restrictions apply at Technology Heights II. Full-time students attending school within any 5-month period per the calendar year do not qualify.***
Because Technology Heights II 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 |
|---|---|---|
| One Bedroom (1/1) | 603ft2 | Call for Price† |
| Two Bedroom (2/1) | 861ft2 | Call for Price† |
| Three Bedroom (3/2) | 1257ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $20,200 / year | $23,050 / year | $25,950 / year | $30,000 / year | $35,140 / year | $40,280 / year |
| 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 |
| 80% AMI for PBRA Units | $53,800 / year | $61,450 / year | $69,150 / year | $76,800 / year | $82,950 / year | $89,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Technology Heights II have a waiting list?
Technology Heights II 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 Technology Heights II?
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.
In addition to Technology Heights II, how many other affordable housing properties (and units) are there in Sioux Falls?
In addition to Technology Heights II, 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.
When was the Technology Heights II listing last updated?
Technology Heights II listing on Affordable Housing Online was last updated on 01/26/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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