Falls Terrace

1301 S Majestic View Pl, Sioux Falls, South Dakota 57103

Contact Falls Terrace

This friendly community is minutes from downtown Sioux Falls shopping and restaurants as well as the Falls Park trails, picnic areas, and of course the gorgeous falls. It features affordable, spacious three and four-bedroom homes. Water/sewer/garbage utilities are included and each home has its own washer and dryer. You'll love living at Falls Terrace!

Unit (Bd/Ba)	Ft²	Rent
3 Bedroom (3/2)	1	$867
4 Bedroom (4/2)	1	$941

Eligibility for Falls Terrace

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 Sioux Falls but actual income limits may differ for units at Falls Terrace.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$33,600	$38,400	$43,200	$48,000	$51,850	$55,700	$59,550	$63,400
Low Income (60%)	$40,320	$46,080	$51,840	$57,600	$62,220	$66,840	$71,460	$76,080

Falls Terrace Details

62 three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Basketball Court
Community Room
On-Site Manager
Garage
Online Payments Accepted
24 Hour Maintenance
On Bus-line
Convenient Location

Unit Amenities

Dishwasher
Garbage Disposal
9 ft. Ceilings
Refrigerator
Oven and Range
Trash Included
Spacious floor plans
Central Heat & Air
Washer and Dryer Included
Private Patio and Balcony
Coat Closets

Nearby Amenities

Close to Shopping
Near Schools
Close to Entertainment

Office Hours

Day	Hours
Monday	By Appointment
Tuesday	9:00am-6:00pm
Wednesday	9:00am-6:00pm
Thursday	9:00am-6:00pm
Friday	9:00am-6:00pm
Saturday	9:00am-6:00pm

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.