About This Property
Wilderness Falls consists of 16 low-income units in Falls City, Nebraska, serving elderly residents. The property includes 14 two-bedroom and 2 three-bedroom units and has been in service since 2012 with 9% LIHTC financing. Management of the property is available upon request for additional details.
Waitlist Information
Waitlist managed by Falls City Housing Authority
Eligibility includes persons of low income, elderly (over 62), handicapped, and displaced persons in need; preferences may be given to servicemen, veterans, disabled servicemen or veterans, the elderly or disabled, and those in urgent need.
Eligibility is generally based on income below 50% of the Area Median Income, family size, and citizenship status.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Richardson 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 | $591 |
| 1 Bedroom | $664 |
| 2 Bedroom | $872 |
| 3 Bedroom | $1,054 |
| 4 Bedroom | $1,161 |
Income Limits - Richardson 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Falls City, NE?+
The Fair Market Rent (FMR) for Richardson County, NE is: $591 (Studio), $664 (1BR), $872 (2BR), $1054 (3BR), $1161 (4BR). Actual rent at subsidized properties like Wilderness Falls is typically 30% of household income or less.
What size apartments are available at Wilderness Falls?+
Wilderness Falls offers the following unit types: 14 Two-Bedroom, 2 Three-Bedroom units, for a total of 16 units.
What is the price range for apartments in Falls City, NE?+
Based on Fair Market Rent for Richardson County, the estimated price range is: 2-bedroom: $872, 3-bedroom: $1054. Actual rent at Wilderness Falls may be lower for income-eligible households.
Who manages Wilderness Falls?+
Wilderness Falls is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Richardson County, NE?+
For a 4-person household in Richardson 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 Wilderness Falls?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Wilderness Falls?+
Wilderness Falls 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 is eligible to live at Wilderness Falls?+
Wilderness Falls primarily serves elderly residents, UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
