About This Property
Cypress Pointe II offers 80 low-income units in Omaha, serving elderly residents. The property features 14 one-bedroom and 66 two-bedroom apartments and was placed in service in 2016. This development utilizes 4% Low-Income Housing Tax Credits to provide affordable housing options.
Waitlist Information
Waitlist managed by Omaha Housing Authority
Effective 1.1.2025, the waiting list will only be open for one-bedroom apartments to seniors 62 years of age and older. Preferences are available for Mobility, Displaced, and Senior (62 and older).
1,500 will be selected for the 2023 lottery. Applications are taken when the waiting list opens, announced in local newspapers and on OHA's website.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Douglas 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 | $895 |
| 1 Bedroom | $971 |
| 2 Bedroom | $1,170 |
| 3 Bedroom | $1,562 |
| 4 Bedroom | $1,733 |
Income Limits - Douglas County, NE
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,750
- Low (80%)
- $49,200
- Extremely Low (30%)
- $21,100
- Very Low (50%)
- $35,150
- Low (80%)
- $56,200
- Extremely Low (30%)
- $23,750
- Very Low (50%)
- $39,550
- Low (80%)
- $63,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,900
- Low (80%)
- $70,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,450
- Low (80%)
- $75,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,950
- Low (80%)
- $81,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,450
- Low (80%)
- $87,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,950
- Low (80%)
- $92,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,450 | $30,750 | $49,200 |
| 2 Persons | $21,100 | $35,150 | $56,200 |
| 3 Persons | $23,750 | $39,550 | $63,250 |
| 4 Persons | $26,500 | $43,900 | $70,250 |
| 5 Persons | $31,040 | $47,450 | $75,900 |
| 6 Persons | $35,580 | $50,950 | $81,500 |
| 7 Persons | $40,120 | $54,450 | $87,150 |
| 8 Persons | $44,660 | $57,950 | $92,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Omaha, NE?+
The Fair Market Rent (FMR) for Douglas County, NE is: $895 (Studio), $971 (1BR), $1170 (2BR), $1562 (3BR), $1733 (4BR). Actual rent at subsidized properties like Cypress Pointe Ii is typically 30% of household income or less.
What size apartments are available at Cypress Pointe Ii?+
Cypress Pointe Ii offers the following unit types: 14 One-Bedroom, 66 Two-Bedroom units, for a total of 80 units.
Who is eligible to live at Cypress Pointe Ii?+
Cypress Pointe Ii primarily serves elderly residents, Special Needs. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Cypress Pointe Ii?+
Public Housing waitlist is currently Closed. 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 Cypress Pointe Ii?+
Cypress Pointe Ii 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 Cypress Pointe Ii?+
Cypress Pointe Ii is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Omaha, NE?+
Based on Fair Market Rent for Douglas County, the estimated price range is: 1-bedroom: $971, 2-bedroom: $1170. Actual rent at Cypress Pointe Ii may be lower for income-eligible households.
What are the income limits for affordable housing in Douglas County, NE?+
For a 4-person household in Douglas County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,900, Low Income (80% AMI): $70,250. 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.
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