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Jasmine Court Apartments, an Excel Development Group Development

Jasmine Court Apartments, an Excel Development Group Development

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Apartments

About

Equal Housing Opportunity 

Federal HOME regulations apply to some units at this property. Please be advised all applicants must meet age and income restrictions to qualify for tenancy. Jasmine Court does not discriminate on the basis of race, color, religion, sex, handicap, familial status, or national origin.

FEATURES AND AMENITIES:

  • 2 and 3 bedroom – 2 bathroom units
  • Range/oven, refrigerator, microwave, and dishwasher included
  • Hookups for Washer and Dryer in every unit
  • All electric, energy-efficient units
  • Handicap accessible units available
  • Tornado Shelter
  • Pets allowed – with restrictions
  • Smoke-free housing
  • Grounds maintenance and snow removal provided

Monthly Rent

  • 2 BR/2 BA: $420 – $475
  • 3 BR/2 BA: $490 – $550

All applicants must meet current income qualifications with an annual household income less than the Payne County, OK area median incomes (AMI) listed below:

 50%60%
1 Person$22,900$27,480
2 Person$26,150$31,380
3 Person$29,400$35,280
4 Person$32,650$39,180
5 Person$35,300$42,360
6 Person$37,900$45,480

Additional restrictions may apply to some units dependent upon unit availability and income.

Income Guidelines Effective April 1, 2021


For more information,pictures of our units, and rental application, click our above website link. 

Additional Info

ABOUT US

EXCEL Development Group is a development, property, asset management and consulting firm with offices in Lincoln & Grand Island, Nebraska, as well as Shawnee, Oklahoma.

AFFORDABLE HOUSING PARTNER

EXCEL Development Group creates partnerships with not-for-profit and for-profit housing organizations, community organizations and city, county and state agencies. We find innovative solutions to producing high-quality, affordable housing and help our partners tackle the most difficult challenges. EXCEL Development Group developments are located in Nebraska, Iowa, Kansas and Oklahoma.

PROVEN AND SUCCESSFUL DEVELOPER

EXCEL Development Group has completed over 1300 low-income units totaling over $200 million in development – all on time and on budget. In addition to affordable housing, EXCEL Development Group has developed 1,004 successful market rate senior housing units totaling over $100 million in development. This remarkable performance reflects the solid financing, construction management and marketing know-how that our expert staff brings to affordable housing development and management within the context of each community’s housing needs and market conditions.

SOPHISTICATED FINANCING EXPERTS

EXCEL Development Group has successfully combined a variety of public and private financing, including Tax-exempt Bonds, Community Development Block Grants, Low Income Housing Tax Credits, Federal Home Loan Bank Affordable Housing Grant and Loans, Tax Increment Financing, Nebraska Affordable Housing Trust Funds and HOME Funds.

ASSET / PROPERTY MANAGEMENT

EXCEL Development Group provides direct management services to over 60 affordable housing projects. In addition, EXCEL also provides technical assistance and training concerning asset management and tax credit compliance to PHAs and other not-for-profit organizations.

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