445 Honor Drive, Lincoln, NE 68510
Waiting List Forecast: Likely Short or None
Verified for 2022 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $626 per Month† | 1 Bed | 1 Bath | 650 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.
Welcome home to Victory Park Apartments in Lincoln, Nebraska. This community is the perfect apartment home for Veterans looking for a comfortable and convenient place to call home. We welcome all who have served the country. Their community is located south of Highway 34 with easy access to Interstate 180. They are situated just minutes from dining, shopping, museums, entertainment, and nearby parks.
Victory Park Apartments is designed to take care of all your needs and offers a variety of beautiful one bedroom floor plans. Standard amenities include all paid utilities, central air and heating, an all-electric kitchen, a dishwasher, a refrigerator, a microwave, walk-in closets, and carpeted floors. They offer their residents a lifestyle of comfort and convenience. This is the perfect place to call home.
Your lifestyle extends beyond your front door. They are so proud to offer affordable housing. Community amenities include an elevator, a laundry facility, on-call maintenance, high-speed internet access, copy and fax services, a veterans clinic on-site, bi-monthly pantry for veterans, an outdoor picnic area and mobile library visits. You will enjoy great camaraderie with others while participating in our community events. Give them a call today and come see what Victory Park Apartments in Lincoln, Nebraska has to offer.
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 Victory Park Apartments 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| The Patriot (1/1) | 650ft2 | $626† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 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.
Does Victory Park Apartments have a waiting list?
Victory Park Apartments 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 Victory Park Apartments?
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 Victory Park Apartments?
Victory Park Apartments is managed by Burlington Capital headquartered in Omaha, NE.
In addition to Victory Park Apartments, how many other affordable housing properties (and units) are there in Lincoln?
In addition to Victory Park Apartments, we list 114 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.
1330-1340 Lincoln Mall, Lincoln, Nebraska 68508
2000 North 28th Street & 2911 North 5th Street , Lincoln, Nebraska 68057
Always check the program's income limit.
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