Merced De Las Animas

3509 W 2nd Ave, Durango, CO 81301

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 3 Beds	1 Bath	-

Call (970) 247-9066

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Merced de las Animas includes 50 units of affordable rental housing for families in Durango, Colorado. The property is one of three Mercy Housing properties in Durango and was completed in 1998. Catholic Health Initiatives and the Mercy Regional Medical Center donated the land to Mercy Housing for the development. The property features a variety of programs and services for the residents and the surrounding community.

Dave's Thoughts On Merced De Las Animas

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Merced De Las Animas does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Merced De Las Animas Amenities

Fitness Center
BBQ and Picnic Area
Computer Lab
Community Room

Units at Merced De Las Animas

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price^†
Two Bedroom (2/1)	-	Call for Price^†
Three Bedroom (3/1)	-	Call for Price^†

Income Qualification for Merced De Las Animas

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people
50% AMI for LIHTC Units	$36,400 / year	$41,600 / year	$46,800 / year	$51,950 / year	$56,150 / year	$60,300 / year
50% AMI for PBRA Units	$36,400 / year	$41,600 / year	$46,800 / year	$51,950 / year	$56,150 / year	$60,300 / year
60% AMI for LIHTC Units	$43,680 / year	$49,920 / year	$56,160 / year	$62,340 / year	$67,380 / year	$72,360 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Merced De Las Animas

Does Merced De Las Animas have a waiting list?

Merced De Las Animas probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Merced De Las Animas?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Merced De Las Animas?

Merced De Las Animas is managed by Mercy Housing headquartered in Denver, Colorado.

In addition to Merced De Las Animas, how many other affordable housing properties (and units) are there in Durango?

In addition to Merced De Las Animas, we list 16 other affordable properties in Durango. Learn about these properties here. Our data research shows that there are a total of 824 affordable units in Durango.