About This Property
Santa Teresa Family Homes comprises 74 three-bedroom units in Santa Teresa, New Mexico, with 60 designated as low-income housing. The property has been in service since 2004 and receives funding through HOME and FHA programs with 9% LIHTC credits. The community is managed and provides affordable rental housing in Dona Ana County.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
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 Santa Teresa, 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 Santa Teresa Family Homes is typically 30% of household income or less.
What size apartments are available at Santa Teresa Family Homes?+
Santa Teresa Family Homes offers the following unit types: 74 Three-Bedroom units, for a total of 74 units.
What is the HUD inspection score for Santa Teresa Family Homes?+
Santa Teresa Family Homes has a HUD inspection score of 90 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
What is the price range for apartments in Santa Teresa, NM?+
Based on Fair Market Rent for Dona Ana County, the estimated price range is: 3-bedroom: $1383. Actual rent at Santa Teresa Family Homes may be lower for income-eligible households.
How do I apply for housing at Santa Teresa Family Homes?+
Santa Teresa Family Homes 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 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.
Who manages Santa Teresa Family Homes?+
Santa Teresa Family Homes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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