Papio Valley is managed by Seldin Company.
Located in a peaceful neighborhood, Papio Valley Apartments in Omaha, Nebraska allows you to enjoy the next and possibly the greatest chapter in your life. We cater to residents 62 years of age and older who will enjoy our fully equipped kitchens with refrigerator, dishwasher, and range, in addition to our spacious walk-in closets. Come home to comfort and convenience today!
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 Omaha but actual income limits may differ for units at Papio Valley.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $21,150 | $24,200 | $27,200 | $30,200 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $35,250 | $40,300 | $45,350 | $50,350 | $54,400 | $58,450 | $62,450 | $66,500 |
80% | $56,400 | $64,450 | $72,500 | $80,550 | $87,000 | $93,450 | $99,900 | $106,350 |
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.