About This Property
Bicentennial Apts offers 8 two-bedroom units designated for low-income households in Geneva, Nebraska. The property was placed in service in 1996 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. All eight units serve low-income residents.
Property Details
Fair Market Rent - Fillmore 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 | $777 |
| 2 Bedroom | $872 |
| 3 Bedroom | $1,054 |
| 4 Bedroom | $1,199 |
Income Limits - Fillmore County, NE
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,000
- Very Low (50%)
- $26,700
- Low (80%)
- $42,700
- Extremely Low (30%)
- $18,300
- Very Low (50%)
- $30,500
- Low (80%)
- $48,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,300
- Low (80%)
- $54,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,100
- Low (80%)
- $60,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,150
- Low (80%)
- $65,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,200
- Low (80%)
- $70,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,250
- Low (80%)
- $75,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,300
- Low (80%)
- $80,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,000 | $26,700 | $42,700 |
| 2 Persons | $18,300 | $30,500 | $48,800 |
| 3 Persons | $21,960 | $34,300 | $54,900 |
| 4 Persons | $26,500 | $38,100 | $60,950 |
| 5 Persons | $31,040 | $41,150 | $65,850 |
| 6 Persons | $35,580 | $44,200 | $70,750 |
| 7 Persons | $40,120 | $47,250 | $75,600 |
| 8 Persons | $44,660 | $50,300 | $80,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Geneva, NE?+
The Fair Market Rent (FMR) for Fillmore County, NE is: $591 (Studio), $777 (1BR), $872 (2BR), $1054 (3BR), $1199 (4BR). Actual rent at subsidized properties like Bicentennial Apts is typically 30% of household income or less.
What size apartments are available at Bicentennial Apts?+
Bicentennial Apts offers the following unit types: 8 Two-Bedroom units, for a total of 8 units.
Who manages Bicentennial Apts?+
Bicentennial Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Bicentennial Apts?+
Bicentennial Apts 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.
What is the price range for apartments in Geneva, NE?+
Based on Fair Market Rent for Fillmore County, the estimated price range is: 2-bedroom: $872. Actual rent at Bicentennial Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Fillmore County, NE?+
For a 4-person household in Fillmore County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,100, Low Income (80% AMI): $60,950. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
