1319 4Th St , Albuquerque, NM 87102
Waiting List Forecast: Likely Short or None
Verified for 2019 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 - 2 Baths | 501 - 931 Sq Ft |
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.
The apartment homes at Cuatro blend modern, affordable living with top-notch service. Our community offers a peaceful residential setting complete with quality amenities. With floor plans ranging from efficiency, one and two bedrooms, our homes cater to elderly 55+ residents with many different tastes and lifestyles. Enjoy yourself on the putting green, embrace the day out on your private patio – the choice is yours.
Because Cuatro Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | 501ft2 | Call for Price† |
| One Bedroom (1/1) | 696ft2 | Call for Price† |
| Two Bedroom (2/2) | 931ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,000 / year | $32,000 / year | $36,000 / year | $39,950 / year |
| 50% AMI for PBRA Units | $28,000 / year | $32,000 / year | $36,000 / year | $39,950 / year |
| 60% AMI for LIHTC Units | $33,600 / year | $38,400 / year | $43,200 / year | $47,940 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cuatro Apartments have a waiting list?
Cuatro Apartments 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 Cuatro Apartments?
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 Cuatro Apartments?
Cuatro Apartments is managed by Monarch Management Group headquartered in Shamokin Dam, Pennsylvania.
In addition to Cuatro Apartments, how many other affordable housing properties (and units) are there in Albuquerque?
In addition to Cuatro Apartments, we list 189 other affordable properties in Albuquerque. Learn about these properties here. Our data research shows that there are a total of 9582 affordable units in Albuquerque.
443 Espanola Street Southeast, Albuquerque, New Mexico 87108
3901 Lafayette Dr NE, Albuquerque, New Mexico 87107
901 Tramway Blvd NE, Albuquerque, New Mexico 87123
6302 Harper Pl NE, Albuquerque, New Mexico 87109
Wait until you have a Section 8 voucher to find housing.
It usually takes months or years to reach the top of a Section 8 HCV waiting list. Any apartments you see now will likely not be available when you get your voucher.Bishop Demetres Walker says:
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