About This Property
Chaco River II contains 63 units designated for low-income residents in Shiprock, New Mexico. The property is situated in San Juan County and provides affordable housing options for the community.
Property Details
Fair Market Rent - San Juan 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 | $843 |
| 1 Bedroom | $847 |
| 2 Bedroom | $1,012 |
| 3 Bedroom | $1,426 |
| 4 Bedroom | $1,526 |
Income Limits - San Juan County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,900
- Low (80%)
- $33,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,900
- Low (80%)
- $38,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,900
- Low (80%)
- $43,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,850
- Low (80%)
- $47,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,250
- Low (80%)
- $51,650
- Extremely Low (30%)
- $34,650
- Very Low (50%)
- $34,650
- Low (80%)
- $55,450
- Extremely Low (30%)
- $37,050
- Very Low (50%)
- $37,050
- Low (80%)
- $59,300
- Extremely Low (30%)
- $39,450
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,900 | $33,500 |
| 2 Persons | $17,420 | $23,900 | $38,250 |
| 3 Persons | $21,960 | $26,900 | $43,050 |
| 4 Persons | $26,500 | $29,850 | $47,800 |
| 5 Persons | $31,040 | $32,250 | $51,650 |
| 6 Persons | $34,650 | $34,650 | $55,450 |
| 7 Persons | $37,050 | $37,050 | $59,300 |
| 8 Persons | $39,450 | $39,450 | $63,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Shiprock, NM?+
The Fair Market Rent (FMR) for San Juan County, NM is: $843 (Studio), $847 (1BR), $1012 (2BR), $1426 (3BR), $1526 (4BR). Actual rent at subsidized properties like Chaco River Ii is typically 30% of household income or less.
What are the income limits for affordable housing in San Juan County, NM?+
For a 4-person household in San Juan County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,850, Low Income (80% AMI): $47,800. These limits are set by HUD and updated annually.
Who manages Chaco River Ii?+
Chaco River Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Chaco River Ii?+
Chaco River 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
Location
San Juan County, NM
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