Colonial Hillcrest Apartments

About This Building

Affordable Housing Option in Carlsbad, NM - Colonial Hillcrest Apartments Introduction: Welcome to Colonial Hillcrest Apartments, a Low-Income Housing Tax Credit apartment complex located in Carlsbad, NM. If you are in search of an affordable housing option, our rental apartments are supported by the LIHTC program, ensuring applicable rent and income restrictions. Incentivizing Affordable Housing: The LIHTC program encourages builders and developers to provide affordable housing for low-income individuals by offering incentives. The maximum rent charged is based on the Area Median Income (AMI), which unfortunately means that this apartment may still be unaffordable for some low-income households. We encourage you to check the current rental rates to determine if it suits your budget. Variety of Apartments: Colonial Hillcrest Apartments offers a total of 75 low-income apartments, ranging from one, two, and three bedrooms. We understand that the need for affordable housing is high, so waiting lists are common in most apartment complexes. However, we provide this listing for your convenience, allowing you to directly contact us and inquire about the application process and potential eligibility. Acceptance of HUD Subsidies: Our apartment complex also accepts HUD subsidies, providing additional assistance for those who qualify for low-income housing. If you meet the requirements and we have available apartments, the rent is determined based on 30% of your Adjusted Gross Income. For detailed information, please call us. Apartment Options: We offer the following types of apartments at our location: 1. One-Bedroom Apartments 2. Two-Bedroom Apartments 3. Three-Bedroom Apartments Conclusion: Colonial Hillcrest Apartments in Carlsbad, NM strives to provide an affordable housing solution through the LIHTC program and acceptance of HUD subsidies. Contact us today to discuss your eligibility and find out if our apartments meet your budgetary needs.