About This Property
Mission La Posada Apartments comprises 80 low-income units in Carlsbad and has been in service since 2019. The community includes 40 one-bedroom, 32 two-bedroom, and 8 three-bedroom units, serving homeless populations and utilizing 9% Low-Income Housing Tax Credits and HOME funding. A non-profit entity owns and operates the property.
Property Details
Fair Market Rent - Eddy 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 | $791 |
| 1 Bedroom | $968 |
| 2 Bedroom | $1,087 |
| 3 Bedroom | $1,532 |
| 4 Bedroom | $1,648 |
Income Limits - Eddy County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,300
- Very Low (50%)
- $25,550
- Low (80%)
- $40,850
- Extremely Low (30%)
- $17,500
- Very Low (50%)
- $29,200
- Low (80%)
- $46,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,850
- Low (80%)
- $52,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,450
- Low (80%)
- $58,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,300
- Low (80%)
- $67,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,200
- Low (80%)
- $72,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,150
- Low (80%)
- $77,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,300 | $25,550 | $40,850 |
| 2 Persons | $17,500 | $29,200 | $46,650 |
| 3 Persons | $21,960 | $32,850 | $52,500 |
| 4 Persons | $26,500 | $36,450 | $58,300 |
| 5 Persons | $31,040 | $39,400 | $63,000 |
| 6 Persons | $35,580 | $42,300 | $67,650 |
| 7 Persons | $40,120 | $45,200 | $72,300 |
| 8 Persons | $44,660 | $48,150 | $77,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Carlsbad, NM?+
The Fair Market Rent (FMR) for Eddy County, NM is: $791 (Studio), $968 (1BR), $1087 (2BR), $1532 (3BR), $1648 (4BR). Actual rent at subsidized properties like Mission La Posada Apartments is typically 30% of household income or less.
What size apartments are available at Mission La Posada Apartments?+
Mission La Posada Apartments offers the following unit types: 40 One-Bedroom, 32 Two-Bedroom, 8 Three-Bedroom units, for a total of 80 units.
Who is eligible to live at Mission La Posada Apartments?+
Mission La Posada Apartments primarily serves formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Carlsbad, NM?+
Based on Fair Market Rent for Eddy County, the estimated price range is: 1-bedroom: $968, 2-bedroom: $1087, 3-bedroom: $1532. Actual rent at Mission La Posada Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Eddy County, NM?+
For a 4-person household in Eddy County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,450, Low Income (80% AMI): $58,300. These limits are set by HUD and updated annually.
Who manages Mission La Posada Apartments?+
Mission La Posada Apartments is managed by . You can reach them at .
How do I apply for housing at Mission La Posada Apartments?+
Mission La Posada Apartments 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.