About This Property
Cherry Park Apts Phase II comprises 60 low-income residential units in Grand Island, Nebraska, with a mix of 24 two-bedroom and 18 three-bedroom apartments. The property has been in service since 1999 and utilizes 9% Low-Income Housing Tax Credits to support affordability. This development provides housing options for eligible low-income households in Hall County.
Waitlist Information
Waitlist managed by Hall County Housing Authority
Waiting lists are active for various properties, with approximate wait times varying from one to two months for Golden Towers and six to nine months for Pletcher Terrace. Eligibility includes income guidelines for low-income, elderly (62+), disabled, and families. All Public Housing residents must perform eight hours of community service monthly or be exempt. Preferences may be given for accessibility needs for specific units.
The approximate waiting list time for a Housing Choice Voucher is 3 months (subject to change without notice). Applications are based on a preference system. Applicants who do not meet one or more preferences may be subjected to much longer or even indefinite waits. Applicants must meet income qualification standards (50 percent of the Area Median Income), citizenship status, criminal, gang and drug-related background checks and must not be indebted to another federally assisted housing agency.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Hall 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 | $673 |
| 1 Bedroom | $792 |
| 2 Bedroom | $986 |
| 3 Bedroom | $1,262 |
| 4 Bedroom | $1,455 |
Income Limits - Hall County, NE
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,800
- Very Low (50%)
- $24,650
- Low (80%)
- $39,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,150
- Low (80%)
- $45,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,650
- Low (80%)
- $50,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,150
- Low (80%)
- $56,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,000
- Low (80%)
- $60,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,600
- Low (80%)
- $69,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,400
- Low (80%)
- $74,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,800 | $24,650 | $39,400 |
| 2 Persons | $17,420 | $28,150 | $45,000 |
| 3 Persons | $21,960 | $31,650 | $50,650 |
| 4 Persons | $26,500 | $35,150 | $56,250 |
| 5 Persons | $31,040 | $38,000 | $60,750 |
| 6 Persons | $35,580 | $40,800 | $65,250 |
| 7 Persons | $40,120 | $43,600 | $69,750 |
| 8 Persons | $44,660 | $46,400 | $74,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Grand Island, NE?+
The Fair Market Rent (FMR) for Hall County, NE is: $673 (Studio), $792 (1BR), $986 (2BR), $1262 (3BR), $1455 (4BR). Actual rent at subsidized properties like Cherry Park Apts Phase Ii is typically 30% of household income or less.
What size apartments are available at Cherry Park Apts Phase Ii?+
Cherry Park Apts Phase Ii offers the following unit types: 24 Two-Bedroom, 18 Three-Bedroom units, for a total of 60 units.
What are the income limits for affordable housing in Hall County, NE?+
For a 4-person household in Hall County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,150, Low Income (80% AMI): $56,250. These limits are set by HUD and updated annually.
What is the price range for apartments in Grand Island, NE?+
Based on Fair Market Rent for Hall County, the estimated price range is: 2-bedroom: $986, 3-bedroom: $1262. Actual rent at Cherry Park Apts Phase Ii may be lower for income-eligible households.
Who manages Cherry Park Apts Phase Ii?+
Cherry Park Apts Phase Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Cherry Park Apts Phase Ii?+
Cherry Park Apts Phase 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.
Is there a waitlist for Cherry Park Apts Phase Ii?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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