Low Income (LIHTC)Waitlist Closed

Rio Volcan I

1919 Ladera Dr NW Ofc, Albuquerque, NM, 87120

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

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About This Property

Rio Volcan I is a 100-unit affordable housing community in Albuquerque, NM that serves low-income residents. The property has been in service since 1996 and operates under a 9% Low-Income Housing Tax Credit structure. A non-profit organization owns and manages the community.

Waitlist Information

Waitlist managed by City of Albuquerque Housing Authority

Public Housing Waitlist

Closed

The Public Housing program is not currently accepting applications.

Last verified February 27, 2026

Section 8 (HCV) Waitlist

Closed

The Housing Choice Voucher (HCV) program is not currently accepting applications.

Last verified February 27, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units

100

Fair Market Rent - Bernalillo County, NM

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

Bedrooms	FMR
Studio/Efficiency	$828
1 Bedroom	$1,005
2 Bedroom	$1,222
3 Bedroom	$1,722
4 Bedroom	$2,064

Income Limits - Bernalillo County, NM

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

1 Person

Extremely Low (30%): $14,200
Very Low (50%): $23,650
Low (80%): $37,800

2 Persons

Extremely Low (30%): $17,420
Very Low (50%): $27,000
Low (80%): $43,200

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $30,400
Low (80%): $48,600

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $33,750
Low (80%): $54,000

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $36,450
Low (80%): $58,350

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $39,150
Low (80%): $62,650

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $41,850
Low (80%): $67,000

8 Persons

Extremely Low (30%): $44,550
Very Low (50%): $44,550
Low (80%): $71,300

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$14,200	$23,650	$37,800
2 Persons	$17,420	$27,000	$43,200
3 Persons	$21,960	$30,400	$48,600
4 Persons	$26,500	$33,750	$54,000
5 Persons	$31,040	$36,450	$58,350
6 Persons	$35,580	$39,150	$62,650
7 Persons	$40,120	$41,850	$67,000
8 Persons	$44,550	$44,550	$71,300

Tax Credit Program Details

Year Placed in Service

1996

LIHTC Credit Type

Low-Income Units

100 / 100

Designations

Non-Profit

Frequently Asked Questions

What is the average rent for affordable housing in Albuquerque, NM?+

The Fair Market Rent (FMR) for Bernalillo County, NM is: $828 (Studio), $1005 (1BR), $1222 (2BR), $1722 (3BR), $2064 (4BR). Actual rent at subsidized properties like Rio Volcan I is typically 30% of household income or less.

What are the income limits for affordable housing in Bernalillo County, NM?+

For a 4-person household in Bernalillo County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,750, Low Income (80% AMI): $54,000. These limits are set by HUD and updated annually.

Is there a waitlist for Rio Volcan I?+

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

How do I apply for housing at Rio Volcan I?+

Rio Volcan I 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.

Who manages Rio Volcan I?+

Rio Volcan I is managed by . You can reach them at . Visit their website for more information.

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