1405 E Marland St, Hobbs, NM 88240
Waiting List Forecast: Likely Long or Closed
Verified for 2022 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Washington Place is a 76-unit development located on three sites in Hobbs, New Mexico. Originally constructed in the 1970's, the development serves large families in the community in one, two, three and four-bedroom units. Washington Place has a HAP Contract for providing rental subsidies for 100% of its units.
Since Washington Place Apartments participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $14,580 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $38,950 / year | $41,650 / year | $44,300 / year |
| 50% AMI for LIHTC Units | $23,500 / year | $26,850 / year | $30,200 / year | $33,550 / year | $36,250 / year | $38,950 / year | $41,650 / year | $44,300 / year |
| 50% AMI for PBRA Units | $23,500 / year | $26,850 / year | $30,200 / year | $33,550 / year | $36,250 / year | $38,950 / year | $41,650 / year | $44,300 / year |
| 80% AMI for PBRA Units | $37,600 / year | $43,000 / year | $48,350 / year | $53,700 / year | $58,000 / year | $62,300 / year | $66,600 / year | $70,900 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Washington Place Apartments have a waiting list?
Washington Place Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Washington Place Apartments?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
In addition to Washington Place Apartments, how many other affordable housing properties (and units) are there in Hobbs?
In addition to Washington Place Apartments, we list 13 other affordable properties in Hobbs. Learn about these properties here. Our data research shows that there are a total of 686 affordable units in Hobbs.
When was the Washington Place Apartments listing last updated?
Washington Place Apartments listing on Affordable Housing Online was last updated on 06/14/2022 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
Keep a record of past landlord issues.
Having some marks on your rental history will not disqualify you from federal housing, but be prepared to explain situations like an eviction.Ellie Ruedas says:
"Affordable Housing Online is the best way to keep informed on housing openings."
