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Low Income (LIHTC)

Cimarron Terrace Apts Phase Ii

7040 S 97th Plz, La Vista, NE, 68128

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Cimarron Terrace Apts Phase II consists of 48 units in La Vista, Nebraska, with 38 units designated as low-income housing. The community includes 12 one-bedroom, 24 two-bedroom, and 12 three-bedroom units and has been in service since 2012. The property is financed through a 9% Low-Income Housing Tax Credit allocation.

Property Details

Total Units
48
1 Bedroom
12
2 Bedroom
24
3 Bedroom
12

Fair Market Rent - Sarpy County, NE

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$895
1 Bedroom$971
2 Bedroom$1,170
3 Bedroom$1,562
4 Bedroom$1,733

Income Limits - Sarpy County, NE

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$18,450
Very Low (50%)
$30,750
Low (80%)
$49,200
2 Persons
Extremely Low (30%)
$21,100
Very Low (50%)
$35,150
Low (80%)
$56,200
3 Persons
Extremely Low (30%)
$23,750
Very Low (50%)
$39,550
Low (80%)
$63,250
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$43,900
Low (80%)
$70,250
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$47,450
Low (80%)
$75,900
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$50,950
Low (80%)
$81,500
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$54,450
Low (80%)
$87,150
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$57,950
Low (80%)
$92,750

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Tax Credit Program Details

Year Placed in Service
2012
LIHTC Credit Type
9%
Low-Income Units
38 / 48
Target Population
UNSPECIFIED
Funding Programs
TCEP

Frequently Asked Questions

What is the average rent for affordable housing in La Vista, NE?+

The Fair Market Rent (FMR) for Sarpy County, NE is: $895 (Studio), $971 (1BR), $1170 (2BR), $1562 (3BR), $1733 (4BR). Actual rent at subsidized properties like Cimarron Terrace Apts Phase Ii is typically 30% of household income or less.

What size apartments are available at Cimarron Terrace Apts Phase Ii?+

Cimarron Terrace Apts Phase Ii offers the following unit types: 12 One-Bedroom, 24 Two-Bedroom, 12 Three-Bedroom units, for a total of 48 units.

How do I apply for housing at Cimarron Terrace Apts Phase Ii?+

Cimarron Terrace Apts Phase Ii 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 Cimarron Terrace Apts Phase Ii?+

Cimarron Terrace Apts Phase Ii primarily serves UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

What are the income limits for affordable housing in Sarpy County, NE?+

For a 4-person household in Sarpy County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,900, Low Income (80% AMI): $70,250. These limits are set by HUD and updated annually.

Who manages Cimarron Terrace Apts Phase Ii?+

Cimarron Terrace Apts Phase Ii is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in La Vista, NE?+

Based on Fair Market Rent for Sarpy County, the estimated price range is: 1-bedroom: $971, 2-bedroom: $1170, 3-bedroom: $1562. Actual rent at Cimarron Terrace Apts Phase Ii may be lower for income-eligible households.

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Walk Score

Almost All Errands Require a Car

6
Walk
38
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Sarpy County, NE

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