Drake Court Apartments, located at 2116 Leavenworth St in Omaha, has one, two and three bedroom apartments. Drake Court Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.
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Welcome to Drake Court Apartments in Omaha, Nebraska. Their picturesque apartment community offers residents a central location with the stylish charm of our historic building. The classic look of their beautiful architecture, well-kept landscaping, and spacious community courtyard is just the beginning to the incredible features you can enjoy as a resident of Drake Court Apartments. A comfortable clubhouse and a fully-equipped fitness center provide all the lifestyle-enhancing amenities you need. Their controlled property access and intercom entry system create a tranquil community atmosphere. Inside your new home, a contemporary interior awaits to complement your unique personal style! They are confident that your every wish will be fulfilled at Drake Court Apartments. Stop in today, and discover why residents continue to renew their leases year after year.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Omaha but actual income limits may differ for units at Drake Court Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$30,100||$34,400||$38,700||$43,000||$46,450||$49,900||$53,350||$56,800|
|Low Income (60%)||$36,120||$41,280||$46,440||$51,600||$55,740||$59,880||$64,020||$68,160|
Drake Court Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
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.
Drake Court Apartments is managed by Seldin Company.