Madison Park Townhomes Ii LIHTC Vermillion, SD
Profile last updated · Data vintage: HUD LIHTC 2024
Madison Park Townhomes Ii is a Low-Income Housing Tax Credit (LIHTC) community in Vermillion, SD with 40 units. Rents are set relative to household income.
40
total units
—
occupancy
—
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 401, 405, 409/411, and 413 North Norbeck Street,, Vermillion, SD 57069 Map → |
| Tax-credit (LI) units | 31 |
| Placed in service | 2021 |
How to apply at Madison Park Townhomes Ii
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.
- Call or visit the management office at 401, 405, 409/411, and 413 North Norbeck Street,, Vermillion; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget.
Other subsidized housing in Vermillion
- Town Square Apts Ii LIHTCPB Section 8
- Madison Park Townhomes LIHTCPB Section 8
- Town Square Apts, Phase I LIHTC
- Towne Square Apts LIHTC
- Oakwood Apts PB Section 8
- Parkwood Apts LIHTC
- River Court LIHTC
- Riverwood Apts LIHTC
- Walnut Street Apts PB Section 8
← All subsidized housing in Vermillion
Frequently asked questions
What kind of subsidy does Madison Park Townhomes Ii 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 Madison Park Townhomes Ii?
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 Madison Park Townhomes Ii?
Contact the management office at 401, 405, 409/411, and 413 North Norbeck Street, in Vermillion. 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.