Rainbow House

1730 Minnekahta Ave, Hot Springs, South Dakota 57747

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Eligibility for Rainbow House

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Hot Springs but actual income limits may differ for units at Rainbow House.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$17,450	$19,950	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$29,050	$33,200	$37,350	$41,500	$44,850	$48,150	$51,500	$54,800
80%	$46,500	$53,150	$59,800	$66,400	$71,750	$77,050	$82,350	$87,650

Rainbow House Details

7 bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.