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An extensive list of coronavirus resources for low-income households can be found here.

Tropicana Palms

3710 Lee Blvd, El Paso, Texas 79936

Tropicana Palms has all the comfort and conveniences you will need or want. Located in the heart of El Paso's Eastside, you are minutes away from shopping, entertainment and Ft. Bliss. Move in today and benefit from their prompt maintenance service and professional management for all your living needs. Their amenities will make your heart skip a beat, so hurry on down and take a tour of your NEW HOME!

Contact Tropicana Palms

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Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - From $708

Tropicana Palms Details

  • 112 two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Community Room

Unit Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer/ Dryer
  • Ceramic Tile Entry

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.

El Paso 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 El Paso but actual income limits may differ for units at Tropicana Palms.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $20,650 $23,600 $26,550 $29,450 $31,850 $34,200 $36,550 $38,900
Low Income (60%) $24,780 $28,320 $31,860 $35,340 $38,220 $41,040 $43,860 $46,680

Tropicana Palms was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Tropicana Palms is managed by Tropicana Properties.

Image of Tropicana Palms
Image of Tropicana Palms
Image of Tropicana Palms

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