Villa Del Norte

737 La Joya Street NE, Espanola, New Mexico 87532

Villa Del Norte Apartment Complex. The complex is a 50 unit HUD Section 202 project serving persons that are 62 and older or that have a physical or mental disability and will continue to provide HUD Project Based Section 8 vouchers.

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Units

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

Villa Del Norte Details

  • 50 1 and 2 bedroom units.
  • Section 202 Supportive Housing for the Elderly

Property Amenities

  • Landscaping
  • Pet Friendly

Unit Amenities

  • Refrigerator
  • Oven and Range

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Espanola HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Espanola but actual income limits may differ for units at Villa Del Norte.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $13,590 $18,310 $23,030 $27,750 $32,470 $35,400 $37,850 $40,300
50% $21,350 $24,400 $27,450 $30,500 $32,950 $35,400 $37,850 $40,300
80% $34,200 $39,050 $43,950 $48,800 $52,750 $56,650 $60,550 $64,450

Villa Del Norte is managed by Truth or Consequences Housing Authority.

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