Standing Rock Rehab 16

Warrior St Sioux Vilg Sub, Fort Yates, North Dakota 58538

Standing Rock Rehab #16 is a 20 unit LIHTC property located in Fort Yates, ND . The site was placed in service in 2008 after Acquisition and Rehab by the ownership team. The subject property is considered a 4% tax credit deal , the annual LIHTC allocation amount is $289,234.00 ,and the property provides housing for households with incomes at or below 60% AMGI.

Eligibility for Standing Rock Rehab 16

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Fort Yates but actual income limits may differ for units at Standing Rock Rehab 16.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$33,500	$38,300	$43,100	$47,850	$51,700	$55,550	$59,350	$63,200
Low Income (60%)	$40,200	$45,960	$51,720	$57,420	$62,040	$66,660	$71,220	$75,840

Standing Rock Rehab 16 Details

20 bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.