Edgewood Estates

721 Eldene Ln , Rapid City, South Dakota 57701

Contact Edgewood Estates

Beautiful single level units with a basketball court AND playground for kids! Maintenance-free living designed especially for Families!

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	-	From $479 To $876
3 Bedroom (3/2)	-	From $479 To $876

Eligibility for Edgewood Estates

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 Rapid City but actual income limits may differ for units at Edgewood Estates.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$31,400	$35,900	$40,400	$44,850	$48,450	$52,050
Low Income (60%)	$37,680	$43,080	$48,480	$53,820	$58,140	$62,460

Edgewood Estates Details

15 two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Basketball Court
Coin-Operated Laundry

Unit Amenities

Trash Included
Water Included

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.