About This Property
Horseshoe Bend Villas offers 8 low-income units in Sutton, Nebraska, serving elderly residents. The property includes ten 2-bedroom units and has been in service since 2006, utilizing 9% Low-Income Housing Tax Credits to support affordability.
Property Details
Fair Market Rent - Clay 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 | $591 |
| 1 Bedroom | $711 |
| 2 Bedroom | $872 |
| 3 Bedroom | $1,054 |
| 4 Bedroom | $1,254 |
Income Limits - Clay County, NE
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,250
- Very Low (50%)
- $25,400
- Low (80%)
- $40,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $29,000
- Low (80%)
- $46,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,650
- Low (80%)
- $52,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,250
- Low (80%)
- $58,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,050
- Low (80%)
- $67,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,950
- Low (80%)
- $71,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,850
- Low (80%)
- $76,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,250 | $25,400 | $40,600 |
| 2 Persons | $17,420 | $29,000 | $46,400 |
| 3 Persons | $21,960 | $32,650 | $52,200 |
| 4 Persons | $26,500 | $36,250 | $58,000 |
| 5 Persons | $31,040 | $39,150 | $62,650 |
| 6 Persons | $35,580 | $42,050 | $67,300 |
| 7 Persons | $40,120 | $44,950 | $71,950 |
| 8 Persons | $44,660 | $47,850 | $76,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sutton, NE?+
The Fair Market Rent (FMR) for Clay County, NE is: $591 (Studio), $711 (1BR), $872 (2BR), $1054 (3BR), $1254 (4BR). Actual rent at subsidized properties like Horseshoe Bend Villas is typically 30% of household income or less.
What size apartments are available at Horseshoe Bend Villas?+
Horseshoe Bend Villas offers the following unit types: 10 Two-Bedroom units, for a total of 8 units.
What are the income limits for affordable housing in Clay County, NE?+
For a 4-person household in Clay County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,250, Low Income (80% AMI): $58,000. These limits are set by HUD and updated annually.
How do I apply for housing at Horseshoe Bend Villas?+
Horseshoe Bend Villas is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Horseshoe Bend Villas?+
Horseshoe Bend Villas is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Sutton, NE?+
Based on Fair Market Rent for Clay County, the estimated price range is: 2-bedroom: $872. Actual rent at Horseshoe Bend Villas may be lower for income-eligible households.
Who is eligible to live at Horseshoe Bend Villas?+
Horseshoe Bend Villas primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.