Wilderness Falls I

Barada St. & W 31st St., Falls City, Nebraska 68355

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Wilderness Falls I is managed by Excel Development Group.

Affordable community offering two (2), three (3), and four (4) bedroom duplexes.

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - $475
3 Bedroom (3/2) - $515
4 Bedroom (4/2) - $560

Eligibility for Wilderness Falls I

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 Falls City but actual income limits may differ for units at Wilderness Falls I.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $29,150 $33,300 $37,450 $41,600 $44,950 $48,300 $51,600 $54,950
Low Income (60%) $34,980 $39,960 $44,940 $49,920 $53,940 $57,960 $61,920 $65,940

Wilderness Falls I Details

  • 16 two, three and four bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Energy Efficient Design
  • Smoke Free

Unit Amenities

  • Handicapped Accessible
  • Dishwasher
  • Microwave
  • Private Entrance
  • Refrigerator
  • Oven and Range
  • Water Trash and Sewer Included
  • Washer and Dryer Included
Low-Income Housing Tax Credit (LIHTC)

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.

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