City Impact Homes

3240 Overland Trl, Lincoln, NE 68503

Waiting List Forecast: Likely Short or None

check_circleVerified for 2021 by Joshua Cappell
Rent Beds Baths SqFt
$735 - 785 per Month 3 - 5 Beds 2 - 5 Baths -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

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.

City Impact homes offers 3 bedroom, 4 bedroom and 5 bedroom homes. 

Dave's Thoughts On City Impact Homes

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 City Impact Homes 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

City Impact Homes Amenities

  • Microwave
  • Energy Efficient Design
  • Washer and Dryer Included
  • Smoke Free

Units at City Impact Homes

Unit (Bd/Ba) Ft2 Rent
3 Bedroom (3/2) - $735
4 Bedroom (4/2) - $735
5 Bedroom (5/5) - $785

Income Qualification for City Impact Homes

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people 9 people 10 people
50% AMI for LIHTC Units $33,600 / year $38,400 / year $43,200 / year $47,950 / year $51,800 / year $55,650 / year $59,500 / year $63,300 / year
50% AMI for PBRA Units $33,600 / year $38,400 / year $43,200 / year $47,950 / year $51,800 / year $55,650 / year $59,500 / year $63,300 / year
60% AMI for LIHTC Units $40,320 / year $46,080 / year $51,840 / year $57,540 / year $62,160 / year $66,780 / year $71,400 / year $75,960 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for City Impact Homes

Does City Impact Homes have a waiting list?

City Impact Homes 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 City Impact Homes?

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 City Impact Homes?

City Impact Homes is managed by Excel Development Group headquartered in Lincoln , Nebraska.

In addition to City Impact Homes, how many other affordable housing properties (and units) are there in Lincoln?

In addition to City Impact Homes, we list 113 other affordable properties in Lincoln. Learn about these properties here. Our data research shows that there are a total of 3449 affordable units in Lincoln.

Listings Near City Impact Homes

Ambassador and President Apartments

1330-1340 Lincoln Mall, Lincoln, Nebraska 68508

bed Studio-1
payment $435-505/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Glenbrook Townhomes

1660 Knox Street, Lincoln, Nebraska 68521

bed 2-3
payment Subsidized
accessibility Accessible

Indian Center

2000 North 28th Street & 2911 North 5th Street , Lincoln, Nebraska 68057

bed Studio-1
payment Subsidized

The Walter

5501 Sea Mountain Road, Lincoln, Nebraska 68521

bed 1
switch_access_shortcut Short Wait

Mercy Western Manor

2200 W Q St, Lincoln, Nebraska 68528

bed 1-2
payment Subsidized

Mercy Northglen Apartments

1501 Knox St, Lincoln, Nebraska 68521

bed 1-2
payment Subsidized
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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