Knollwood Heights

100 Surfwood Dr Apt 13 , Rapid City, South Dakota 57701

Contact Knollwood Heights

Conveniently located near Rushmore Mall and schools - one & two bedroom apartments - rent adjusted to income

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Income Based
2 Bedroom (2/1)	-	Income Based

Eligibility for Knollwood Heights

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 Rapid City but actual income limits may differ for units at Knollwood Heights.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$18,850	$21,550	$24,860	$30,000
50%	$31,400	$35,900	$40,400	$44,850
80%	$50,250	$57,400	$64,600	$71,750

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 Knollwood Heights.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$31,400	$35,900	$40,400	$44,850
Low Income (60%)	$37,680	$43,080	$48,480	$53,820

Knollwood Heights Details

84 one and two bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Coin-Operated Laundry

Unit Amenities

Trash Included
Water Included
Gas Included

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.

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.