Sherman Plaza, located at 4528 Blanco Ave in El Paso, has one, two, three, four and five bedroom apartments. Sherman Plaza participates in the Low-Income Housing Tax Credit (LIHTC) program.
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Family apartment community offering one (1), two (2), three (3), four (4), and five (5) bedroom units.
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.
Sherman Plaza is managed by Housing Authority of the City of El Paso.