About This Property
Colony Acres is a public housing development in Gibbon, Nebraska consisting of 4 units, all of which are accessible. The property serves Buffalo County residents seeking affordable housing options.
Waitlist Information
Waitlist managed by Gibbon Housing Agency
The waiting list is open for near elderly/disabled households seeking 1 to 2 bedroom units. Preferences are given to victims of natural disasters; this program does not serve families. The Kearney Housing Agency manages this program and can be reached at 308-234-3000 for application details.
As of March 21st, 2026, there are no current Section 8 waiting lists for Gibbon.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Buffalo County, NE
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $651 |
| 1 Bedroom | $758 |
| 2 Bedroom | $960 |
| 3 Bedroom | $1,281 |
| 4 Bedroom | $1,629 |
Income Limits - Buffalo County, NE
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,900
- Very Low (50%)
- $28,150
- Low (80%)
- $45,050
- Extremely Low (30%)
- $19,300
- Very Low (50%)
- $32,200
- Low (80%)
- $51,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,200
- Low (80%)
- $64,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,450
- Low (80%)
- $69,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,650
- Low (80%)
- $74,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,850
- Low (80%)
- $79,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,100
- Low (80%)
- $84,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,900 | $28,150 | $45,050 |
| 2 Persons | $19,300 | $32,200 | $51,450 |
| 3 Persons | $21,960 | $36,200 | $57,900 |
| 4 Persons | $26,500 | $40,200 | $64,300 |
| 5 Persons | $31,040 | $43,450 | $69,450 |
| 6 Persons | $35,580 | $46,650 | $74,600 |
| 7 Persons | $40,120 | $49,850 | $79,750 |
| 8 Persons | $44,660 | $53,100 | $84,900 |
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Frequently Asked Questions
What is the average rent for affordable housing in Gibbon, NE?+
The Fair Market Rent (FMR) for Buffalo County, NE is: $651 (Studio), $758 (1BR), $960 (2BR), $1281 (3BR), $1629 (4BR). Actual rent at subsidized properties like Colony Acres is typically 30% of household income or less.
How many units does Colony Acres have?+
Colony Acres has a total of 4 housing units.
What is the HUD inspection score for Colony Acres?+
Colony Acres has a HUD inspection score of 94 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Is there a waitlist for Colony Acres?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Colony Acres?+
Colony Acres is a Public Housing property. To apply, you can start by calling 3082343000, or visiting their website, or contacting the property management office. You may need to submit an application and be placed on a waitlist. Eligibility is typically based on income, family size, and other factors.
What are the income limits for affordable housing in Buffalo County, NE?+
For a 4-person household in Buffalo County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,200, Low Income (80% AMI): $64,300. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
