Rapid City, SD · HUD-assisted property

DRIFTWOOD ESTATES

408 E FAIRLANE DR, Rapid City, SD 57701 · Pennington County

Section 8 Project-Based Rental Assistance Section 8 LMSA LMSA Subsidized - Previously Insured
52
Subsidized units
60
Total units
85%
Occupied
(605) 348-7086
On-site phone

Call (605) 348-7086 All properties in Rapid City

About DRIFTWOOD ESTATES

DRIFTWOOD ESTATES is a HUD-assisted rental property in Rapid City, South Dakota. According to HUD's Multifamily Properties (Assisted) dataset, the building has 60 total units, of which 52 receive federal rental assistance under Section 8 Project-Based Rental Assistance and Section 8 LMSA. That means the resident's share of rent is generally limited to roughly 30% of adjusted household income, with HUD covering the remainder of the contract rent paid to the owner.

If you'd like to apply, contact the property's management office below. Project-based Section 8 waiting lists are managed by the property, not by your local public housing authority — you must apply to each building separately.

Unit mix

BedroomsUnits
2 Bedroom39
3 Bedroom13

How to apply

Project-based Section 8 properties keep their own waiting lists. To apply to DRIFTWOOD ESTATES:

  1. Call the management office at the number above (or use the contact below) and ask whether the waiting list is open.
  2. Request an application packet. Most properties will mail or email it; some require you to pick it up in person.
  3. Have your documents ready: photo ID, Social Security cards or numbers for every household member, birth certificates for minors, the last 2–3 months of pay stubs or benefit award letters, and prior addresses for the last 5 years.
  4. Return the application as instructed. Keep a copy for your records and write down the date you submitted it.
  5. Update your contact information any time you move or change phone numbers — properties remove applicants who can't be reached.

For a complete document checklist, see how to apply. To check whether you meet the income limits, see eligibility.

Contact & details

Address
408 E FAIRLANE DR, Rapid City, SD 57701
County
Pennington
On-site phone
(605) 348-7086
Management agent
Costello Property Management LLC
Management contact
Joan Franken
Management phone
(605) 336-9131
Management email
jfranfen@costelloco.com
HUD servicing site
Denver (Denver Hub)
HUD property ID
800019884

Other HUD-assisted properties in Rapid City

If DRIFTWOOD ESTATES's waiting list is closed or doesn't fit your household, applying to several nearby buildings in parallel is the fastest way to get housed. These are the largest other assisted properties in Rapid City:

See every HUD-assisted property in Rapid City →

Source: HUD Multifamily Properties — Assisted dataset (HUD GIS Open Data). Property records change over time; verify all details directly with the management office before relying on them.