About This Property
Buena Vista Active Adult Community in Rio Rancho offers 258 units designed for active adults, with 193 units designated as low-income housing. The community features 180 one-bedroom and 78 two-bedroom units and has been in service since 1999. Financing includes 4% Low-Income Housing Tax Credits and tax-exempt bonds.
Property Details
Fair Market Rent - Sandoval 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 | $828 |
| 1 Bedroom | $1,005 |
| 2 Bedroom | $1,222 |
| 3 Bedroom | $1,722 |
| 4 Bedroom | $2,064 |
Income Limits - Sandoval County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,200
- Very Low (50%)
- $23,650
- Low (80%)
- $37,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,000
- Low (80%)
- $43,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,400
- Low (80%)
- $48,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,450
- Low (80%)
- $58,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,850
- Low (80%)
- $67,000
- Extremely Low (30%)
- $44,550
- Very Low (50%)
- $44,550
- Low (80%)
- $71,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,200 | $23,650 | $37,800 |
| 2 Persons | $17,420 | $27,000 | $43,200 |
| 3 Persons | $21,960 | $30,400 | $48,600 |
| 4 Persons | $26,500 | $33,750 | $54,000 |
| 5 Persons | $31,040 | $36,450 | $58,350 |
| 6 Persons | $35,580 | $39,150 | $62,650 |
| 7 Persons | $40,120 | $41,850 | $67,000 |
| 8 Persons | $44,550 | $44,550 | $71,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Rio Rancho, NM?+
The Fair Market Rent (FMR) for Sandoval County, NM is: $828 (Studio), $1005 (1BR), $1222 (2BR), $1722 (3BR), $2064 (4BR). Actual rent at subsidized properties like Buena Vista Active Adult Community is typically 30% of household income or less.
What size apartments are available at Buena Vista Active Adult Community?+
Buena Vista Active Adult Community offers the following unit types: 180 One-Bedroom, 78 Two-Bedroom units, for a total of 258 units.
What are the income limits for affordable housing in Sandoval County, NM?+
For a 4-person household in Sandoval County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,750, Low Income (80% AMI): $54,000. These limits are set by HUD and updated annually.
Who manages Buena Vista Active Adult Community?+
Buena Vista Active Adult Community is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Buena Vista Active Adult Community?+
Buena Vista Active Adult Community 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 is the price range for apartments in Rio Rancho, NM?+
Based on Fair Market Rent for Sandoval County, the estimated price range is: 1-bedroom: $1005, 2-bedroom: $1222. Actual rent at Buena Vista Active Adult Community may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Buena Vista Active Adult Community
Lifesyle Apts Phase I
Albuquerque, NM
100 UnitsNew Mexico Housing Fund Vi
Albuquerque, NM
1 UnitsCottonwood Apts
Albuquerque, NM
185 UnitsMarlowe & Edith Rental Unit
Albuquerque, NM
1 UnitsDriftwood
Albuquerque, NM
1 UnitsVentana Ranch Apts
Albuquerque, NM
288 Units