601 Eisenhower Dr, Lexington, NE 68850
Waiting List Forecast: Likely Short or None
Verified for 2019 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,175 per Month† | 4 Beds | 2 Baths | 1,871 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
The Row is a brand new community located in Lexington, Nebraska. We are close to Plum Creek Parkway and Interstate 80, making your commute a breeze. This lovely community has so much to discover, with shopping at Plum Creek Mall and dining at San Pedro Mexican Restaurant close by. Entertaining the family is effortless with Lexington’s Family Aquatic Center nearby. For outdoor fun, Lexington Park is minutes away and Johnson Lake State Recreation is just a short drive.
Their spacious two story apartment homes include four bedrooms and two baths with attached 2 car garage. Each apartment for rent includes all kitchen appliances, making it a joy to entertain family and friends. Full-size washer and dryer ensuring those weekend chores are a breeze. Always in demand, central air conditioning, solar heat, and extra storage is also provided. Don’t miss out on this opportunity. Schedule an appointment today.
Their community provides the best amenities in the area. They have also updated their outdoor living area and open spaces. The courteous and responsive management team are here and eager to assist you. Ask them about their insurance program for every resident. There is much to see in this new community. Come and see why The Row is the best-kept secret in Lexington, Nebraska.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests The Row in Lexington does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 4 Bedroom (4/2) | 1871ft2 | $1,175† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,150 / year | $33,300 / year | $37,450 / year | $41,600 / year | $44,950 / year | $48,300 / year | $51,600 / year | $54,950 / year |
| 50% AMI for PBRA Units | $29,150 / year | $33,300 / year | $37,450 / year | $41,600 / year | $44,950 / year | $48,300 / year | $51,600 / year | $54,950 / year |
| 60% AMI for LIHTC Units | $34,980 / year | $39,960 / year | $44,940 / year | $49,920 / year | $53,940 / year | $57,960 / year | $61,920 / year | $65,940 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Row in Lexington have a waiting list?
The Row in Lexington probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at The Row in Lexington?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges The Row in Lexington?
The Row in Lexington is managed by Perry Reid Properties headquartered in Lincoln, Nebraska.
In addition to The Row in Lexington, how many other affordable housing properties (and units) are there in Lexington?
In addition to The Row in Lexington, we list 7 other affordable properties in Lexington. Learn about these properties here. Our data research shows that there are a total of 329 affordable units in Lexington.
1106 Wagon Wheel Ln, Lexington, Nebraska 68850
1116 Wagon Wheel Ln, Lexington, Nebraska 68850
801 N Erie St, Lexington, Nebraska 68850
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