Low Income (LIHTC)Opening Soon

47th St Venture

323 47th St NW, Albuquerque, NM, 87105

Information verified October 2, 2026·We re-check waiting list status daily

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About This Property

47th St Venture offers one low-income residential unit in Albuquerque, New Mexico. The property is situated in Bernalillo County and provides affordable housing options for eligible residents.

Waitlist Information

Waitlist managed by City of Albuquerque Housing Authority

Public Housing Waitlist

Opening Soon

Opens October 5, 2026

Closed October 31, 2026

Apply: Online

Pre-applications for public housing apartments of all bedroom sizes will be accepted online only at www.abqha.org.

Last verified February 27, 2026

Section 8 (HCV) Waitlist

Closed

Opened July 15, 2024

Closed August 15, 2024

Apply: Online

Federal preferences are for involuntarily displaced, natural disaster victims, or those avoiding reprisals. Local preferences include employed, students, welfare-to-work/job training, disabled, or elderly applicants. When last open, preferences included families terminated from AHA's HCV program due to insufficient funding and participants in certain supportive housing programs for the homeless. Selection was by random lottery, weighed by preferences. No notice of when this waiting list will reopen.

Last verified February 27, 2026

Waitlist data provided by section8waitlist.org

Updated October 2, 2026

Property Details

Total Units

Fair Market Rent - Bernalillo County, NM

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

Bedrooms	FMR
Studio/Efficiency	$828
1 Bedroom	$1,005
2 Bedroom	$1,222
3 Bedroom	$1,722
4 Bedroom	$2,064

Income Limits - Bernalillo County, NM

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $14,200
Very Low (50%): $23,650
Low (80%): $37,800

2 Persons

Extremely Low (30%): $17,420
Very Low (50%): $27,000
Low (80%): $43,200

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $30,400
Low (80%): $48,600

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $33,750
Low (80%): $54,000

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $36,450
Low (80%): $58,350

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $39,150
Low (80%): $62,650

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $41,850
Low (80%): $67,000

8 Persons

Extremely Low (30%): $44,550
Very Low (50%): $44,550
Low (80%): $71,300

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$14,200	$23,650	$37,800
2 Persons	$17,420	$27,000	$43,200
3 Persons	$21,960	$30,400	$48,600
4 Persons	$26,500	$33,750	$54,000
5 Persons	$31,040	$36,450	$58,350
6 Persons	$35,580	$39,150	$62,650
7 Persons	$40,120	$41,850	$67,000
8 Persons	$44,550	$44,550	$71,300

Tax Credit Program Details

Year Placed in Service

8888

Low-Income Units

1 / 1

Frequently Asked Questions

What is the average rent for affordable housing in Albuquerque, NM?+

The Fair Market Rent (FMR) for Bernalillo County, NM is: $828 (Studio), $1005 (1BR), $1222 (2BR), $1722 (3BR), $2064 (4BR). Actual rent at subsidized properties like 47th St Venture is typically 30% of household income or less.

What are the income limits for affordable housing in Bernalillo County, NM?+

For a 4-person household in Bernalillo County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,750, Low Income (80% AMI): $54,000. These limits are set by HUD and updated annually.

How do I apply for housing at 47th St Venture?+

47th St Venture 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.

Is there a waitlist for 47th St Venture?+

Public Housing waitlist is currently Opening Soon and is expected to open for applications soon. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages 47th St Venture?+

47th St Venture is managed by . You can reach them at . Visit their website for more information.

Begin Application Now