The Walter

5501 Sea Mountain Road, Lincoln, Nebraska 68521

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Welcome Home

The Walter provides all the comforts of home to those aged 62 and older, or the mobility challenged in an intimate, neighborhood-like atmosphere. Each 1-bedroom (570 sq. ft.) apartment offers affordable, HUD-subsidized monthly rent that includes many necessities and amenities.

Their friendly, compassionate staff is here to assist you and ensure you experience the best parts of independent living with the security and support you deserve.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Income Based

Eligibility for The Walter

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 Lincoln but actual income limits may differ for units at The Walter.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$20,150	$23,000	$25,900	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$33,600	$38,400	$43,200	$47,950	$51,800	$55,650	$59,500	$63,300
80%	$53,700	$61,400	$69,050	$76,700	$82,850	$89,000	$95,150	$101,250

The Walter Details

100 one bedroom units.
Section 202 Supportive Housing for the Elderly
Section 221 (d) (3)

Property Amenities

Online Payments Accepted

Unit Amenities

Utilities Included

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.