1500 E Madrid Ave, Las Cruces, NM 88001
Waiting List Forecast: Likely Short or None
Verified for 2021 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 780 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.
Alta Tierra Apartments offers 2 bedroom units. For more information about leasing, please contact the Alta Tierra leasing office.
Because Alta Tierra 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. Depending on the number of HOME-designated units and the type of LIHTC program, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 780ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 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 |
| 60% AMI for LIHTC Units | $27,180 / year | $31,020 / year | $34,920 / year | $38,760 / year | $41,880 / year | $45,000 / year | $48,120 / year | $51,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Alta Tierra Apartments have a waiting list?
Alta Tierra 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 Alta Tierra 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 Alta Tierra Apartments?
Alta Tierra Apartments is managed by JL Gray Company headquartered in Albuquerque, New Mexico.
In addition to Alta Tierra Apartments, how many other affordable housing properties (and units) are there in Las Cruces?
In addition to Alta Tierra Apartments, we list 23 other affordable properties in Las Cruces. Learn about these properties here. Our data research shows that there are a total of 2193 affordable units in Las Cruces.
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