About This Property
Central Apts offers 20 low-income units in Santa Clara, NM, consisting of sixteen 2-bedroom and four 3-bedroom apartments. The property has been in service since 1998 and is financed through 4% Low-Income Housing Tax Credits. Units are available for households meeting low-income eligibility requirements.
Property Details
Fair Market Rent - Grant 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 | $728 |
| 1 Bedroom | $733 |
| 2 Bedroom | $877 |
| 3 Bedroom | $1,209 |
| 4 Bedroom | $1,303 |
Income Limits - Grant County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,300
- Low (80%)
- $30,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,050
- Low (80%)
- $35,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,800
- Low (80%)
- $39,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,550
- Low (80%)
- $44,100
- Extremely Low (30%)
- $29,800
- Very Low (50%)
- $29,800
- Low (80%)
- $47,650
- Extremely Low (30%)
- $32,000
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $34,200
- Very Low (50%)
- $34,200
- Low (80%)
- $54,700
- Extremely Low (30%)
- $36,400
- Very Low (50%)
- $36,400
- Low (80%)
- $58,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,300 | $30,900 |
| 2 Persons | $17,420 | $22,050 | $35,300 |
| 3 Persons | $21,960 | $24,800 | $39,700 |
| 4 Persons | $26,500 | $27,550 | $44,100 |
| 5 Persons | $29,800 | $29,800 | $47,650 |
| 6 Persons | $32,000 | $32,000 | $51,200 |
| 7 Persons | $34,200 | $34,200 | $54,700 |
| 8 Persons | $36,400 | $36,400 | $58,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Santa Clara, NM?+
The Fair Market Rent (FMR) for Grant County, NM is: $728 (Studio), $733 (1BR), $877 (2BR), $1209 (3BR), $1303 (4BR). Actual rent at subsidized properties like Central Apts is typically 30% of household income or less.
What size apartments are available at Central Apts?+
Central Apts offers the following unit types: 16 Two-Bedroom, 4 Three-Bedroom units, for a total of 20 units.
Who manages Central Apts?+
Central Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Central Apts?+
Central 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.
What are the income limits for affordable housing in Grant County, NM?+
For a 4-person household in Grant County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,550, Low Income (80% AMI): $44,100. These limits are set by HUD and updated annually.
What is the price range for apartments in Santa Clara, NM?+
Based on Fair Market Rent for Grant County, the estimated price range is: 2-bedroom: $877, 3-bedroom: $1209. Actual rent at Central Apts may be lower for income-eligible households.
Contact Information
Location
Grant County, NM
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