Shady Bend Villas

1834 West 7th Street, Grand Island, Nebraska 68801

Contact Shady Bend Villas

Shady Bend Villas are ten duplex homes built utilizing the Low-income Housing Tax Credit (LIHTC) Program. Twelve of the homes are two stories with three bedrooms and three bathrooms. One duplex (2 homes) includes a three-bedroom handicap accessible unit and a garden level three-bedroom home

Unit (Bd/Ba)	Ft²	Rent
3 Bedroom (3/1)	-	$530
4 Bedroom (4/1)	-	$565

Eligibility for Shady Bend Villas

Shady Bend Villas Details

20 three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Garage
On-Site Recycling

Unit Amenities

Dishwasher
Garbage Disposal
Microwave
Refrigerator
Oven and Range
Trash Included
Private Patios

Office Hours

Day	Hours
Monday	8:00am-4:30pm
Tuesday	8:00am-4:30pm
Wednesday	8:00am-4:30pm
Thursday	8:00am-4:30pm
Friday	By Appointment

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.