Madison Villas

Multiple Addresses, Norfolk, Nebraska 68701

Madison Villas consists of twenty four (24) newly constructed family duplexes, forty eight (48) total units: Forty (40) units located in the City of Norfolk, eight (8) units in the City of Madison. There are thirty-eight (38) three-bedroom, two-bath homes and ten (10) units consisting of four-bedrooms, two-baths. Project amenities include attached garages, brick/stone accents, shutters, extra storage, back porches and raised garden beds. Each unit includes Energy Star appliance packages: range/oven, refrigerator, built-in microwave, dishwasher and washer & dryer.

Unit (Bd/Ba)	Ft²	Rent
Three Bedroom (3/2)	-	Call for Price
Four Bedroom (4/2)	-	Call for Price

This property is currently under construction.

Eligibility for Madison Villas

Madison Villas Details

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

Property Amenities

Energy Star Appliances

Unit Amenities

Storage

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.