About This Property
Valle Verde Apts III offers 10 low-income residential units in Hatch, New Mexico, comprising six 3-bedroom and four 4-bedroom apartments. The property has been in service since 2003 and is owned by a non-profit organization. Financing through 4% Low Income Housing Tax Credits supports the affordable housing mission of this Dona Ana County community.
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 Iii is typically 30% of household income or less.
What size apartments are available at Valle Verde Apts Iii?+
Valle Verde Apts Iii offers the following unit types: 6 Three-Bedroom, 4 Four-Bedroom units, for a total of 10 units.
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 Iii?+
Valle Verde Apts Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 is the price range for apartments in Hatch, NM?+
Based on Fair Market Rent for Dona Ana County, the estimated price range is: 3-bedroom: $1383. Actual rent at Valle Verde Apts Iii may be lower for income-eligible households.
Who manages Valle Verde Apts Iii?+
Valle Verde Apts Iii is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.