About This Property
Columbus Apts offers 24 low-income residential units in Columbus, NM, consisting of sixteen 2-bedroom and eight 3-bedroom apartments. The property has been in service since 1996 and utilizes 4% Low-Income Housing Tax Credits to support affordable housing in Luna County.
Property Details
Fair Market Rent - Luna 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 | $594 |
| 1 Bedroom | $691 |
| 2 Bedroom | $877 |
| 3 Bedroom | $1,181 |
| 4 Bedroom | $1,488 |
Income Limits - Luna County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,150
- Low (80%)
- $30,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,850
- Low (80%)
- $35,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,600
- Low (80%)
- $39,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,300
- Low (80%)
- $43,700
- Extremely Low (30%)
- $29,500
- Very Low (50%)
- $29,500
- Low (80%)
- $47,200
- Extremely Low (30%)
- $31,700
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $33,900
- Very Low (50%)
- $33,900
- Low (80%)
- $54,200
- Extremely Low (30%)
- $36,050
- Very Low (50%)
- $36,050
- Low (80%)
- $57,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,150 | $30,600 |
| 2 Persons | $17,420 | $21,850 | $35,000 |
| 3 Persons | $21,960 | $24,600 | $39,350 |
| 4 Persons | $26,500 | $27,300 | $43,700 |
| 5 Persons | $29,500 | $29,500 | $47,200 |
| 6 Persons | $31,700 | $31,700 | $50,700 |
| 7 Persons | $33,900 | $33,900 | $54,200 |
| 8 Persons | $36,050 | $36,050 | $57,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Columbus, NM?+
The Fair Market Rent (FMR) for Luna County, NM is: $594 (Studio), $691 (1BR), $877 (2BR), $1181 (3BR), $1488 (4BR). Actual rent at subsidized properties like Columbus Apts is typically 30% of household income or less.
What size apartments are available at Columbus Apts?+
Columbus Apts offers the following unit types: 16 Two-Bedroom, 8 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at Columbus Apts?+
Columbus 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 Luna County, NM?+
For a 4-person household in Luna County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,300, Low Income (80% AMI): $43,700. These limits are set by HUD and updated annually.
What is the price range for apartments in Columbus, NM?+
Based on Fair Market Rent for Luna County, the estimated price range is: 2-bedroom: $877, 3-bedroom: $1181. Actual rent at Columbus Apts may be lower for income-eligible households.
Who manages Columbus Apts?+
Columbus Apts is managed by . You can reach them at . Visit their website for more information.