Technology Heights II

4125 W Cayman St., Sioux Falls, South Dakota 57107

Contact Technology Heights II

Put down roots in blossoming northwest Sioux Falls. Grow your career to great heights in this brand new apartment community. Technology Heights II is located at the corner of Cayman Street and Career Avenue, and for good reason. Job opportunities are available nearby at businesses like PREMIER Bankcard, Esurance, Midco, and the future Foundation Park development. Public transportation to shopping, restaurants, and the University Center is accessible right by the property. Other features include a modern exterior design, well-equipped interiors, a fenced-in playground, and utilities included with your rent payment.

***Income restrictions apply at Technology Heights II. Full-time students attending school within any 5-month period per the calendar year do not qualify.***

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	603	Call for Price
Two Bedroom (2/1)	861	Call for Price
Three Bedroom (3/2)	1257	Call for Price

Eligibility for Technology Heights II

Technology Heights II Details

39 one, two and three bedroom units.
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)
Section 811 PRA

Property Amenities

Elevator
Computer Lab
Community Room
Business Center
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Dishwasher
Microwave
Refrigerator
Programmable Thermostats
Washer and Dryer Included

Office Hours

Day	Hours
Monday	9:30am-5:30pm
Tuesday	9:30am-5:30pm
Wednesday	9:30am-5:30pm
Thursday	9:30am-5:30pm
Friday	9:00am-5:00pm

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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.

Section 811 PRA

Some of the units at this property have received funding through HUD's Section 811 Project Rental Assistance (PRA) Program. For these PRA funded units, tenants must be extremely low-income (at or below 30% of Area Median Income) and at least one adult member of the household must have a disability. The person with the disability must be eligible for community-based, long-term services as provided under the state’s plan for medical assistance under Title XIX of the Social Security Act (Medicaid), state funded services or other appropriate services defined in the written partnership agreement.