About This Property
Valle Verde Apts II comprises 25 units in Hatch, New Mexico, with 24 units designated as low-income housing. The property includes six 2-bedroom units, eleven 3-bedroom units, and eight 4-bedroom units. The community has been in service since 2003 and receives funding through HOME programs and 4% Low Income Housing Tax Credits.
Property Details
Fair Market Rent - Dona Ana 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 | $739 |
| 1 Bedroom | $881 |
| 2 Bedroom | $989 |
| 3 Bedroom | $1,383 |
| 4 Bedroom | $1,562 |
Income Limits - Dona Ana County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,150
- Low (80%)
- $30,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,850
- Low (80%)
- $35,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,600
- Low (80%)
- $39,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,300
- Low (80%)
- $43,700
- Extremely Low (30%)
- $29,500
- Very Low (50%)
- $29,500
- Low (80%)
- $47,200
- Extremely Low (30%)
- $31,700
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $33,900
- Very Low (50%)
- $33,900
- Low (80%)
- $54,200
- Extremely Low (30%)
- $36,050
- Very Low (50%)
- $36,050
- Low (80%)
- $57,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,150 | $30,600 |
| 2 Persons | $17,420 | $21,850 | $35,000 |
| 3 Persons | $21,960 | $24,600 | $39,350 |
| 4 Persons | $26,500 | $27,300 | $43,700 |
| 5 Persons | $29,500 | $29,500 | $47,200 |
| 6 Persons | $31,700 | $31,700 | $50,700 |
| 7 Persons | $33,900 | $33,900 | $54,200 |
| 8 Persons | $36,050 | $36,050 | $57,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hatch, NM?+
The Fair Market Rent (FMR) for Dona Ana County, NM is: $739 (Studio), $881 (1BR), $989 (2BR), $1383 (3BR), $1562 (4BR). Actual rent at subsidized properties like Valle Verde Apts Ii is typically 30% of household income or less.
What size apartments are available at Valle Verde Apts Ii?+
Valle Verde Apts Ii offers the following unit types: 6 Two-Bedroom, 11 Three-Bedroom, 8 Four-Bedroom units, for a total of 25 units.
What is the price range for apartments in Hatch, NM?+
Based on Fair Market Rent for Dona Ana County, the estimated price range is: 2-bedroom: $989, 3-bedroom: $1383. Actual rent at Valle Verde Apts Ii may be lower for income-eligible households.
Who manages Valle Verde Apts Ii?+
Valle Verde Apts Ii is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Dona Ana County, NM?+
For a 4-person household in Dona Ana County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,300, Low Income (80% AMI): $43,700. These limits are set by HUD and updated annually.
How do I apply for housing at Valle Verde Apts Ii?+
Valle Verde Apts Ii 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.