About This Property
Shady Bend Villas offers 20 low-income residential units in Grand Island, Nebraska, with a mix of 14 three-bedroom and 6 four-bedroom homes. The property has been in service since 2015 and utilizes 9% Low-Income Housing Tax Credits to support affordability. The community is managed professionally to serve Hall County residents.
Waitlist Information
Waitlist managed by Hall County Housing Authority
The waiting list for Public Housing, including Centennial Towers (1 and 2-bedroom apartments), has an approximate wait time of one to two months and uses a preference system. Eligibility requires income qualification, citizenship status, suitability standards, and criminal/gang/drug-related background checks; residents must also perform eight hours of community service monthly unless exempt.
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 17, 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 Shady Bend Villas is typically 30% of household income or less.
What size apartments are available at Shady Bend Villas?+
Shady Bend Villas offers the following unit types: 14 Three-Bedroom, 6 Four-Bedroom units, for a total of 20 units.
What is the price range for apartments in Grand Island, NE?+
Based on Fair Market Rent for Hall County, the estimated price range is: 3-bedroom: $1262. Actual rent at Shady Bend Villas may be lower for income-eligible households.
How do I apply for housing at Shady Bend Villas?+
Shady 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 Shady Bend Villas?+
Shady Bend Villas is managed by . You can reach them at . Visit their website for more information.
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.
Is there a waitlist for Shady Bend Villas?+
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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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