About This Property
Las Palomas comprises 88 low-income residential units in Sierra Vista, Arizona, with a mix of 44 three-bedroom and 44 four-bedroom apartments. The property was placed in service in 1996 and utilizes 9% Low-Income Housing Tax Credits to support affordability. This Cochise County development serves households with limited incomes through its designated low-income unit designations.
Property Details
Fair Market Rent - Cochise County, AZ
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $770 |
| 1 Bedroom | $913 |
| 2 Bedroom | $1,067 |
| 3 Bedroom | $1,504 |
| 4 Bedroom | $1,811 |
Income Limits - Cochise County, AZ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,200
- Very Low (50%)
- $22,000
- Low (80%)
- $35,200
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,150
- Low (80%)
- $40,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,300
- Low (80%)
- $45,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,400
- Low (80%)
- $50,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,450
- Low (80%)
- $58,300
- Extremely Low (30%)
- $38,950
- Very Low (50%)
- $38,950
- Low (80%)
- $62,350
- Extremely Low (30%)
- $41,450
- Very Low (50%)
- $41,450
- Low (80%)
- $66,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,200 | $22,000 | $35,200 |
| 2 Persons | $17,420 | $25,150 | $40,200 |
| 3 Persons | $21,960 | $28,300 | $45,250 |
| 4 Persons | $26,500 | $31,400 | $50,250 |
| 5 Persons | $31,040 | $33,950 | $54,300 |
| 6 Persons | $35,580 | $36,450 | $58,300 |
| 7 Persons | $38,950 | $38,950 | $62,350 |
| 8 Persons | $41,450 | $41,450 | $66,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sierra Vista, AZ?+
The Fair Market Rent (FMR) for Cochise County, AZ is: $770 (Studio), $913 (1BR), $1067 (2BR), $1504 (3BR), $1811 (4BR). Actual rent at subsidized properties like Las Palomas is typically 30% of household income or less.
What size apartments are available at Las Palomas?+
Las Palomas offers the following unit types: 44 Three-Bedroom, 44 Four-Bedroom units, for a total of 88 units.
What is the price range for apartments in Sierra Vista, AZ?+
Based on Fair Market Rent for Cochise County, the estimated price range is: 3-bedroom: $1504. Actual rent at Las Palomas may be lower for income-eligible households.
Who manages Las Palomas?+
Las Palomas is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Las Palomas?+
Las Palomas is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Cochise County, AZ?+
For a 4-person household in Cochise County, AZ, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,400, Low Income (80% AMI): $50,250. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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