About This Property
Lone Tree Village is a 16-unit affordable housing community in Central City, Nebraska, serving low-income residents. The property has been in service since 1993 and remains available for occupancy in Merrick County.
Property Details
Fair Market Rent - Merrick 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 | $609 |
| 1 Bedroom | $711 |
| 2 Bedroom | $872 |
| 3 Bedroom | $1,147 |
| 4 Bedroom | $1,292 |
Income Limits - Merrick County, NE
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,700
- Very Low (50%)
- $26,150
- Low (80%)
- $41,800
- Extremely Low (30%)
- $17,950
- Very Low (50%)
- $29,850
- Low (80%)
- $47,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,600
- Low (80%)
- $53,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,300
- Low (80%)
- $59,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,300
- Low (80%)
- $64,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,300
- Low (80%)
- $69,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,300
- Low (80%)
- $74,050
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,250
- Low (80%)
- $78,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,700 | $26,150 | $41,800 |
| 2 Persons | $17,950 | $29,850 | $47,800 |
| 3 Persons | $21,960 | $33,600 | $53,750 |
| 4 Persons | $26,500 | $37,300 | $59,700 |
| 5 Persons | $31,040 | $40,300 | $64,500 |
| 6 Persons | $35,580 | $43,300 | $69,300 |
| 7 Persons | $40,120 | $46,300 | $74,050 |
| 8 Persons | $44,660 | $49,250 | $78,850 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Central City, NE?+
The Fair Market Rent (FMR) for Merrick County, NE is: $609 (Studio), $711 (1BR), $872 (2BR), $1147 (3BR), $1292 (4BR). Actual rent at subsidized properties like Lone Tree Village is typically 30% of household income or less.
What are the income limits for affordable housing in Merrick County, NE?+
For a 4-person household in Merrick County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,300, Low Income (80% AMI): $59,700. These limits are set by HUD and updated annually.
Who manages Lone Tree Village?+
Lone Tree Village is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Lone Tree Village?+
Lone Tree Village 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.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.