Village Terrace

315 S 1st Ave, Hastings, Nebraska 68901

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Message Village Terrace

Village Terrace is managed by California Commercial Investment Companies .

Village Terrace Senior Apartments offers a comfortable and friendly living environment. We offer a clean, home like atmosphere. The apartments are on one level allowing easy access into the building. Conveniently located near shopping, and restaurants, you will be sure to have everything you need nearby in this charming town.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 550 Call for Price
Village Terrace is accepting applications and does not have a waiting list.

Last updated on March 12th, 2018

Eligibility for Village Terrace

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Hastings but actual income limits may differ for units at Village Terrace.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,900 $20,450 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% $29,850 $34,100 $38,350 $42,600 $46,050 $49,450 $52,850 $56,250
80% $47,750 $54,550 $61,350 $68,150 $73,650 $79,100 $84,550 $90,000

Village Terrace Details

  • 24 one bedroom units.
  • Water and Sewer utilities included in rent
  • Electricity utility included in rent
  • Heat utility included in rent
  • Section 202 Supportive Housing for the Elderly

Property Amenities

  • Many Activities
  • Community Room
  • 24hr Emergency Maintenance
  • Off-Street Parking
  • Coin-Operated Laundry
  • Meal Services
  • Courtyard

Unit Amenities

  • Air Conditioning
  • Refrigerator
  • Water Trash and Sewer Included
  • Stove
  • vinyl tile flooring
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.

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