Rolling Hills Apartments

727 34th Street, Spearfish, South Dakota 57783

Contact Rolling Hills Apartments

The building is funded by Rural Development, rent is based off 30% of gross income. For those who are 62 or over, handicapped or disabled, medical expenses can be used in determining rent. We have a rent structure that meets requirements of most income levels; please call the property to find out the current qualifications.

Twenty-four 1, 2, and 3 bedroom apartments that are within walking didtance to another park in the area. They have on-site laundry , spacious off street parking, a playground area, and large open kitchen.

Unit (Bd/Ba)	Ft²	Rent
1 BR (1/1)	584	Income Based
2 BR (2/1)	716	Income Based
3 BR (3/1)	827	Income Based

Eligibility for Rolling Hills Apartments

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 Spearfish but actual income limits may differ for units at Rolling Hills Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$30,100	$34,400	$38,700	$43,000	$46,450	$49,900
Low Income (60%)	$36,120	$41,280	$46,440	$51,600	$55,740	$59,880

Rolling Hills Apartments Details

24 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Playground
BBQ and Picnic Area
Off-Street Parking
Laundry Centers
Walking Trails

Unit Amenities

Air Conditioning
Carpet
Refrigerator
Blinds
Stove

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Tuesday	8:00am-5:00pm
Wednesday	8:00am-5:00pm
Thursday	8:00am-5:00pm
Friday	8:00am-5:00pm

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.