Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Colonial Square Apts

515 E 16th St, Grand Island, NE, 68801

Information verified May 9, 2026·We re-check waiting list status daily

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About This Property

Colonial Square Apts offers 56 low-income units in Grand Island, NE, serving families with a mix of 40 two-bedroom and 16 three-bedroom apartments. The property has been in service since 2005 and operates in Hall County.

Waitlist Information

Waitlist managed by Hall County Housing Authority

Public Housing Waitlist
Open
Apply: Multiple

The HCHA manages and operates federally subsidized Public Housing programs. No specific waitlist status or dates were found for Public Housing, but applications are accepted.

Last verified February 17, 2026
Section 8 (HCV) Waitlist
Open
Apply: Multiple

The approximate waiting list time is 3 months. Applications are based on a preference system. Applicants may face much longer or indefinite waits if they do not meet preferences. Applicants must meet income qualification standards (50 percent of the Area Median Income), citizenship status, background checks, and not be indebted to another federally assisted housing agency.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
56
2 Bedroom
40
3 Bedroom
16

Fair Market Rent - Hall County, NE

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$673
1 Bedroom$792
2 Bedroom$986
3 Bedroom$1,262
4 Bedroom$1,455

Income Limits - Hall County, NE

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$14,800
Very Low (50%)
$24,650
Low (80%)
$39,400
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$28,150
Low (80%)
$45,000
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$31,650
Low (80%)
$50,650
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$35,150
Low (80%)
$56,250
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$38,000
Low (80%)
$60,750
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$40,800
Low (80%)
$65,250
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$43,600
Low (80%)
$69,750
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$46,400
Low (80%)
$74,250

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Tax Credit Program Details

Year Placed in Service
2005
LIHTC Credit Type
3
Low-Income Units
56 / 56
Target Population
Families

Frequently Asked Questions

What is the average rent for affordable housing in Grand Island, NE?+

The Fair Market Rent (FMR) for Hall County, NE is: $673 (Studio), $792 (1BR), $986 (2BR), $1262 (3BR), $1455 (4BR). Actual rent at subsidized properties like Colonial Square Apts is typically 30% of household income or less.

What size apartments are available at Colonial Square Apts?+

Colonial Square Apts offers the following unit types: 40 Two-Bedroom, 16 Three-Bedroom units, for a total of 56 units.

Who is eligible to live at Colonial Square Apts?+

Colonial Square Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

What is the price range for apartments in Grand Island, NE?+

Based on Fair Market Rent for Hall County, the estimated price range is: 2-bedroom: $986, 3-bedroom: $1262. Actual rent at Colonial Square Apts may be lower for income-eligible households.

What are the income limits for affordable housing in Hall County, NE?+

For a 4-person household in Hall County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,150, Low Income (80% AMI): $56,250. These limits are set by HUD and updated annually.

Who manages Colonial Square Apts?+

Colonial Square Apts is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Colonial Square Apts?+

Colonial Square Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Is there a waitlist for Colonial Square Apts?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

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Walk Score

Almost All Errands Require a Car

24
Walk
42
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Hall County, NE

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