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Ambassador and President Apartments

1330-1340 Lincoln Mall, Lincoln, Nebraska 68508

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Message Ambassador and President Apartments

Call (402) 474-4606

Ambassador and President Apartments is managed by Excel Development Group.

Affordable apartment community offering studio and one (1) bedroom units.

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - $435
1 Bedroom (1/1) - $505
Waiting List Now Open is Open Now

Last updated on January 19th, 2023

Eligibility for Ambassador and President Apartments

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 Lincoln but actual income limits may differ for units at Ambassador and President Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $33,600 $38,400 $43,200 $47,950 $51,800 $55,650 $59,500 $63,300
Low Income (60%) $40,320 $46,080 $51,840 $57,540 $62,160 $66,780 $71,400 $75,960

Ambassador and President Apartments Details

  • 43 studio and one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Controlled Access
  • Fitness Center
  • Community Room
  • Energy Efficient Design
  • Laundry Facilities
  • Smoke Free

Unit Amenities

  • Handicapped Accessible
  • Microwave
  • Cable Ready
  • Keyless Entry Access
  • Refrigerator
  • Water Trash and Sewer Included
  • Stove
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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