About This Property
Southeast Villa offers 12 low-income residential units in Central City, Nebraska. The property has been in service since 2007 and serves residents 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 |
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 Southeast Villa 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 Southeast Villa?+
Southeast Villa is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Southeast Villa?+
Southeast Villa 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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.