About This Property
Victory Park Veterans Residence offers 70 one-bedroom units for low-income residents in Lincoln, Nebraska. The property has been in service since 2017 and is funded through 9% Low-Income Housing Tax Credits. This residence serves homeless individuals and is managed to provide affordable housing options in Lancaster County.
Waitlist Information
Waitlist managed by Lincoln Housing Authority
Eligibility includes elderly, disabled, low-income families, and single individuals. The waiting list can be up to 12 months, depending on bedroom size and preferences. Rent is calculated as 30% of the adjusted gross income. Preferences are based on the date of application and applicable preferences; changes in family size or disability status may qualify for a preference. Criminal history checks are conducted, and applicants must not owe money to a public housing authority.
A minimum of one year of voucher use in Lincoln is required before transfer outside of Lincoln is permitted, and transfers are subject to good cause and HUD determined rental costs.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Lancaster 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 | $766 |
| 1 Bedroom | $856 |
| 2 Bedroom | $1,067 |
| 3 Bedroom | $1,504 |
| 4 Bedroom | $1,638 |
Income Limits - Lancaster County, NE
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,350
- Very Low (50%)
- $28,900
- Low (80%)
- $46,200
- Extremely Low (30%)
- $19,800
- Very Low (50%)
- $33,000
- Low (80%)
- $52,800
- Extremely Low (30%)
- $22,300
- Very Low (50%)
- $37,150
- Low (80%)
- $59,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,250
- Low (80%)
- $66,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,550
- Low (80%)
- $71,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,850
- Low (80%)
- $76,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,150
- Low (80%)
- $81,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,450
- Low (80%)
- $87,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,350 | $28,900 | $46,200 |
| 2 Persons | $19,800 | $33,000 | $52,800 |
| 3 Persons | $22,300 | $37,150 | $59,400 |
| 4 Persons | $26,500 | $41,250 | $66,000 |
| 5 Persons | $31,040 | $44,550 | $71,300 |
| 6 Persons | $35,580 | $47,850 | $76,600 |
| 7 Persons | $40,120 | $51,150 | $81,850 |
| 8 Persons | $44,660 | $54,450 | $87,150 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lincoln, NE?+
The Fair Market Rent (FMR) for Lancaster County, NE is: $766 (Studio), $856 (1BR), $1067 (2BR), $1504 (3BR), $1638 (4BR). Actual rent at subsidized properties like Victory Park Veterans Residence is typically 30% of household income or less.
What size apartments are available at Victory Park Veterans Residence?+
Victory Park Veterans Residence offers the following unit types: 70 One-Bedroom units, for a total of 70 units.
How do I apply for housing at Victory Park Veterans Residence?+
Victory Park Veterans Residence 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 are the income limits for affordable housing in Lancaster County, NE?+
For a 4-person household in Lancaster County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,250, Low Income (80% AMI): $66,000. These limits are set by HUD and updated annually.
What is the price range for apartments in Lincoln, NE?+
Based on Fair Market Rent for Lancaster County, the estimated price range is: 1-bedroom: $856. Actual rent at Victory Park Veterans Residence may be lower for income-eligible households.
Who is eligible to live at Victory Park Veterans Residence?+
Victory Park Veterans Residence primarily serves formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Victory Park Veterans Residence?+
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.
Who manages Victory Park Veterans Residence?+
Victory Park Veterans Residence is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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