About This Property
Mondel Apts offers 24 low-income units in Los Lunas, New Mexico. The property is managed to provide affordable housing options for residents in Valencia County. Contact information and additional details are available upon inquiry.
Property Details
Fair Market Rent - Valencia 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 - Valencia 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 Los Lunas, NM?+
The Fair Market Rent (FMR) for Valencia County, NM is: $828 (Studio), $1005 (1BR), $1222 (2BR), $1722 (3BR), $2064 (4BR). Actual rent at subsidized properties like Mondel Apts is typically 30% of household income or less.
What are the income limits for affordable housing in Valencia County, NM?+
For a 4-person household in Valencia 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.
How do I apply for housing at Mondel Apts?+
Mondel Apts 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.
Who manages Mondel Apts?+
Mondel Apts is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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