Hotel Clovis Lofts

101 E 2nd St, Clovis, New Mexico 88101

Hotel Clovis Lofts Adaptive Reuse of circa 1929 Historic Hotel and New Construction. Hotel Clovis Lofts offers 60-unit Affordable Rental Lofts, as well as a 8,000 sf Ground Floor Commercial Space and 4,000 sf Ballroom.

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price

Hotel Clovis Lofts Details

  • $25.00 application fee
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Laundry Facilities
  • Picnic Area

Unit Amenities

  • Oven and Range

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Clovis Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Clovis but actual income limits may differ for units at Hotel Clovis Lofts.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $21,350 $24,400 $27,450 $30,500 $32,950 $35,400 $37,850 $40,300
Low Income (60%) $25,620 $29,280 $32,940 $36,600 $39,540 $42,480 $45,420 $48,360

Hotel Clovis Lofts is managed by Tierra Realty Services.

Nearby Low Income Apartment Communities

Lolomas

1500 Mitchell St
Clovis, New Mexico
Call For Rent
1-2 BR
62+

Bella Vista Townhomes

3400 Gidding St
Clovis, New Mexico
Call For Rent
2-3 BR