About This Property
Reservoir & Grant consists of 3 low-income residential units in Socorro, New Mexico. The property is situated in Socorro County and was placed in service in 8888. Interested parties may contact the property management for additional information.
Waitlist Information
Waitlist managed by El Camino Real Housing Authority
The waiting list for Socorro and Torrance Counties closed on June 30, 2024. The authority will no longer accept online or paper applications until further notice.
When open, preferences may include families displaced by violence, honorably discharged veterans or their surviving spouses, individuals with 100% disability, and residents of the county for the past year.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Socorro 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 | $627 |
| 1 Bedroom | $707 |
| 2 Bedroom | $877 |
| 3 Bedroom | $1,236 |
| 4 Bedroom | $1,488 |
Income Limits - Socorro 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 Socorro, NM?+
The Fair Market Rent (FMR) for Socorro County, NM is: $627 (Studio), $707 (1BR), $877 (2BR), $1236 (3BR), $1488 (4BR). Actual rent at subsidized properties like Reservoir & Grant is typically 30% of household income or less.
What are the income limits for affordable housing in Socorro County, NM?+
For a 4-person household in Socorro 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 Reservoir & Grant?+
Reservoir & Grant is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Reservoir & Grant?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Reservoir & Grant?+
Reservoir & Grant 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
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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