Forest Acres is managed by Seldin Company.
Welcome to Forest Acres Apartments, an accommodating apartment community in South Sioux City, Nebraska that provides affordable homes for resident with disabilities. Nestled among green and quiet surroundings, this welcoming community provides accessibility features to enrich their resident's lifestyle and all utilities are paid. With a convenient location that features a bus stop, Meals on Wheels service, and a nearby YMCA, you can enjoy it all at Forest Acres Apartments.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Income Based |
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 South Sioux City but actual income limits may differ for units at Forest Acres.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $18,150 | $20,750 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $30,250 | $34,550 | $38,850 | $43,150 | $46,650 | $50,100 | $53,550 | $57,000 |
80% | $48,350 | $55,250 | $62,150 | $69,050 | $74,600 | $80,100 | $85,650 | $91,150 |
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.