3103 N Hill Rd, Lincoln, NE 68504
Waiting List Forecast: Likely Short or None
Verified for 2019 by Charlotte Baxter, Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $663 - 1,266 per Month† | 1 - 3 Beds | 1 - 2 Baths | 1 - 950 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.
Waterbrook Apartments offers 1, 2 and 3-bedroom apartment homes. There are washer and dryer connections in every home, spacious and ample closet space, ceiling fans, individual parking garages and patios or balconies for the best in secluded city living. Waterbrook Apartments is a pet friendly community and also features a sparkling swimming pool, playground, barbecue picnic area, and community fitness center. Conveniently located with access to Interstate I-80, Champions Fun Center, Downtown Lincoln, Museum of Nebraska History and Nebraska Wesleyan University, Waterbrook Apartments is the ideal address for convenient access to the area’s finest restaurants, entertainment and shopping.
Pet Policy: Max weight 30 lbs and a one time fee of $300.00. Two pets, a dog and a cat or two cats or two dogs, are allowed per household. All fees and/or deposits listed are per pet. Puppies and kittens must meet weight restrictions when full-grown. For safety and identification purposes a recent picture is required and vet certified vaccination records of the pets. Aggressive and exotic breeds are not allowed. Other animal varieties are not permitted unless approved in writing by management. Compliance with ADA guidelines.
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 Waterbrook 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 |
|---|---|---|
| Brook/Stream (1/1) | 750ft2 | $663 $984† |
| River (2/2) | 950ft2 | $805 $1,124† |
| Cistern (3/2) | 1ft2 | $954 $1,266† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,600 / year | $38,400 / year | $43,200 / year | $47,950 / year | $51,800 / year | $55,650 / year |
| 50% AMI for PBRA Units | $33,600 / year | $38,400 / year | $43,200 / year | $47,950 / year | $51,800 / year | $55,650 / year |
| 60% AMI for LIHTC Units | $40,320 / year | $46,080 / year | $51,840 / year | $57,540 / year | $62,160 / year | $66,780 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Waterbrook Apartments have a waiting list?
Waterbrook 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 Waterbrook 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 Waterbrook Apartments?
Waterbrook Apartments is managed by McCormack Baron Management headquartered in Saint Louis , Missouri.
In addition to Waterbrook Apartments, how many other affordable housing properties (and units) are there in Lincoln?
In addition to Waterbrook Apartments, 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.
1330-1340 Lincoln Mall, Lincoln, Nebraska 68508
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