Colonial Apts LIHTC Watertown, SD

Profile last updated · Data vintage: HUD LIHTC 2024

Colonial Apts is a Low-Income Housing Tax Credit (LIHTC) community in Watertown, SD with 24 units. Rents are set relative to household income.

24
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address325 E Kemp Ave, Watertown, SD 57201 Map →
Tax-credit (LI) units24
Placed in service1992

How to apply at Colonial Apts

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 325 E Kemp Ave, Watertown; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Watertown

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Jefferson Court LIHTCPB Section 8Watertown1.4 km
Plum Creek Apts LIHTCWatertown1.7 km
Springwood LIHTCWatertown2.4 km
Three Oaks Apts Ii LIHTCWatertown2.5 km
Briar Creek Townhomes LIHTCPB Section 8Watertown2.5 km
Eastwood Apartments §811Watertown2.8 km

← All subsidized housing in Watertown

Frequently asked questions

What kind of subsidy does Colonial Apts have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Colonial Apts?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Colonial Apts?
Contact the management office at 325 E Kemp Ave in Watertown. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.