About This Property
Tierra Socorro Ltd offers 64 low-income units in Socorro, TX within El Paso County. The property has been in service since 2000 and utilizes 9% Low-Income Housing Tax Credits to support its operations.
Property Details
Fair Market Rent - El Paso County, TX
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $804 |
| 1 Bedroom | $980 |
| 2 Bedroom | $1,150 |
| 3 Bedroom | $1,594 |
| 4 Bedroom | $1,952 |
Income Limits - El Paso County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,350
- Low (80%)
- $34,100
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,400
- Low (80%)
- $39,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,450
- Low (80%)
- $43,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,900
- Low (80%)
- $52,600
- Extremely Low (30%)
- $35,350
- Very Low (50%)
- $35,350
- Low (80%)
- $56,500
- Extremely Low (30%)
- $37,800
- Very Low (50%)
- $37,800
- Low (80%)
- $60,400
- Extremely Low (30%)
- $40,200
- Very Low (50%)
- $40,200
- Low (80%)
- $64,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,350 | $34,100 |
| 2 Persons | $17,420 | $24,400 | $39,000 |
| 3 Persons | $21,960 | $27,450 | $43,850 |
| 4 Persons | $26,500 | $30,450 | $48,700 |
| 5 Persons | $31,040 | $32,900 | $52,600 |
| 6 Persons | $35,350 | $35,350 | $56,500 |
| 7 Persons | $37,800 | $37,800 | $60,400 |
| 8 Persons | $40,200 | $40,200 | $64,300 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Socorro, TX?+
The Fair Market Rent (FMR) for El Paso County, TX is: $804 (Studio), $980 (1BR), $1150 (2BR), $1594 (3BR), $1952 (4BR). Actual rent at subsidized properties like Tierra Socorro Ltd is typically 30% of household income or less.
What are the income limits for affordable housing in El Paso County, TX?+
For a 4-person household in El Paso County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,450, Low Income (80% AMI): $48,700. These limits are set by HUD and updated annually.
Who manages Tierra Socorro Ltd?+
Tierra Socorro Ltd is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Tierra Socorro Ltd?+
Tierra Socorro Ltd 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Tierra Socorro Ltd
Presidio Dolores Apts
San Elizario, TX
145 UnitsNevarez Palms
Socorro, TX
104 UnitsWestern Burgundy Ltd
El Paso, TX
64 UnitsJamie O Perez Memorial Apartments
Socorro, TX
96 UnitsYsleta Del Sur Pueblo Homes I
Ysleta Del Sur Pueblo, TX
60 UnitsSocorro Palms
Socorro, TX
152 Units