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Affordable Housing Option in Rapid City, SD Find your ideal home at South Creek Village, a Low-Income Housing Tax Credit (LIHTC) apartment complex. These rental apartments are designed to offer affordable options for individuals seeking housing in Rapid City. Supported by the LIHTC program, they come with rent and income restrictions that ensure affordability for low-income individuals. Incentivizing Affordable Housing The LIHTC program provides incentives to builders and developers, encouraging them to provide housing that is within reach for low-income individuals. To determine the maximum rent, the program takes into account the Area Median Income (AMI) of the region. However, it's important to note that the AMI-based rent may still be unaffordable for some low-income individuals. It is advisable to check the current rental rates to evaluate affordability. Spacious Two and Three Bedroom Apartments South Creek Village offers a range of options with 80 low-income two and three bedroom apartments available. These apartments are thoughtfully designed to cater to the needs of individuals and families alike. Enjoy a comfortable living space that meets your requirements without straining your budget. Get in Touch Today As the demand for affordable housing is high, it is common for apartments to have waiting lists. To inquire about availability and apply to live at South Creek Village, please contact them directly at the provided phone number. Take advantage of this opportunity to secure your ideal home by exploring the application process and determining if you meet the qualifying criteria. Choose South Creek Village for affordable living in Rapid City.
3142 Outlook Circle, Rapid City, SD 57701
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