Valle Verde Apartments

346 Baines St, Hatch, NM 87937

Waiting List Forecast: Likely Long or Closed

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Waitlist Forecast

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.

Dave's Thoughts On Valle Verde Apartments

Since Valle Verde 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Valle Verde Apartments

*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 7 people 8 people
30% AMI for PBRA Units $14,580 / year $19,720 / year $24,860 / year $30,000 / year $34,900 / year $37,500 / year $40,100 / year $42,650 / year
50% AMI for LIHTC Units $22,650 / year $25,850 / year $29,100 / year $32,300 / year $34,900 / year $37,500 / year $40,100 / year $42,650 / year
50% AMI for PBRA Units $22,650 / year $25,850 / year $29,100 / year $32,300 / year $34,900 / year $37,500 / year $40,100 / year $42,650 / year
80% AMI for PBRA Units $36,200 / year $41,350 / year $46,500 / year $51,650 / year $55,800 / year $59,950 / year $64,050 / year $68,200 / year

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

FAQs for Valle Verde Apartments

Does Valle Verde Apartments have a waiting list?

Valle Verde 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 Valle Verde 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 Valle Verde Apartments, how many other affordable housing properties (and units) are there in Hatch?

In addition to Valle Verde Apartments, we list 9 other affordable properties in Hatch. Learn about these properties here. Our data research shows that there are a total of 506 affordable units in Hatch.

Listings Near Valle Verde Apartments

El Camino Real Apartments

21 Chile Capital Street, Hatch, New Mexico 87937

Valle Verde I Apartments

350 Bianes St, Hatch, New Mexico 87937

Falcon Ridge Lp

553 Highway 187, Hatch, New Mexico 87937

Falcon Ridge Limited Partnership

20 Chile Capital Ln, Hatch, New Mexico

360 Bianes Street

360 Bianes St, Hatch, New Mexico 87937

Valle Verde III Apartments

360 Baines St, Hatch, New Mexico 87937

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.