Concord Square Apartments

2120 Paul Street, Omaha, Nebraska 68102

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Concord Square Apartments Details

  • 21 units.
  • Project-Based Rental Assistance
  • Senior (62+)
  • Accessible Units
  • Supportive Housing for the Elderly

Property Amenities

  • Controlled Access
  • Community Room
  • Online Payments Accepted

About Concord Square Apartments

Welcome Home

Located next to a beautiful park, the serene surroundings of Concord Square Apartments are ideal for seniors aged 62 and older. Each apartment comes equipped with handicap/disability features and kitchen appliances, offering you affordable comfort. Residents can enjoy scheduled social activities and watch TV on the big screen in our cozy community room.

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Omaha HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,150 $19,600 $22,050 $25,100 $29,420 $33,740 $38,060 $42,380
50% $28,600 $32,650 $36,750 $40,800 $44,100 $47,350 $50,600 $53,900
80% $45,750 $52,250 $58,800 $65,300 $70,550 $75,750 $81,000 $86,200

Concord Square Apartments receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Concord Square Apartments is managed by Seldin Company.