Grant Square Apartments is managed by Costello Companies.
At Grant Square Apartments in Sioux Falls, experience stylish living. Based in Sioux Falls's 57106 area, living at this community gives you a variety of nearby experiences to enjoy. From pricing to features, the community staff is ready to help you find the perfect place. Schedule a time to see the available floorplan options. It's time to find your next place. Contact or stop by the Grant Square Apartments leasing office to find out the availability today.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/2) | 1026 | From $504 To $773 |
3 Bedroom (3/2) | 1344 | From $591 To $894 |
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 Grant Square Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $33,600 | $38,400 | $43,200 | $48,000 | $51,850 | $55,700 |
Low Income (60%) | $40,320 | $46,080 | $51,840 | $57,600 | $62,220 | $66,840 |
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.