Village Terrace, the §202 Senior Hastings, NE
Profile last updated · Data vintage: HUD FY2025
Village Terrace, the is a Section 202 PRAC (Senior Housing) community in Hastings, NE with 24 units reporting 92% occupancy. Assisted residents pay about $374/month on average.
24
total units
92%
occupancy
$374
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Section 202 PRAC (Senior Housing) |
|---|---|
| Address | 315 S 1st Ave, Hastings, NE 68901 Map → |
| Average household income | $16,724/yr |
| Average personal income | $15,997/yr |
| People per unit | 1 |
| Moved in within last year | 27% |
| Households below 30% AMI | 64% |
| Households below 50% AMI | 100% |
| One-bedroom share | 100% |
How to apply at Village Terrace, the
Section 202 PRAC: independent senior living (62+) with income-based rents and on-site service coordination.
- Call or visit the management office at 315 S 1st Ave, Hastings; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget (~$374/mo average here).
Other subsidized housing in Hastings
- Goldbeck Towers LIHTCPB Section 8
- Regency Heights LIHTC
- Cottages of Hastings LIHTC
- Mnis PB Section 8
- Autumn Park Apartments PB Section 8
- Lee Townhouses PB Section 8
- Lincoln Heights Townhouses PB Section 8
- Hastings Village Gardens LIHTC
- Heritage Manor PB Section 8
- The Brewery Lofts LIHTCPB Section 8
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Greater Nebraska Independent Hsg PB Section 8 | Hastings | 0.8 km |
| Hastings Apts Ii LIHTC | Hastings | 0.8 km |
| South Pine Apts LIHTC | Hastings | 0.8 km |
| Southwood Estates LIHTCPB Section 8 | Hastings | 1.4 km |
| Osborne View Estates LIHTC | Hastings | 1.4 km |
| Southwood Crown LIHTC | Hastings | 1.4 km |
| New Horizons Plaza §811 | Hastings | 1.7 km |
| New Beginnings Plaza §811 | Hastings | 1.7 km |
← All subsidized housing in Hastings
Frequently asked questions
What kind of subsidy does Village Terrace, the have?
Section 202 PRAC (Senior Housing). Section 202 PRAC: independent senior living (62+) with income-based rents and on-site service coordination.
How much is rent at Village Terrace, the?
Residents report average rents near $374/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Village Terrace, the?
Contact the management office at 315 S 1st Ave in Hastings. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.