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Affordable Housing Option in Santa Rosa, NM Supported by LIHTC - Introduction: Welcome to Rio Pecos Estates Apartments, a Low-Income Housing Tax Credit apartment located in Santa Rosa, NM. - Description: If you are searching for an affordable housing solution, these rental apartments are backed by the LIHTC program, which imposes rent and income restrictions. - The LIHTC Program: The LIHTC offers incentives to builders and developers to provide housing options for low-income individuals. The maximum rent charged is based on the Area Median Income (AMI). - Considerations: Due to the AMI-based rent structure, this apartment may still be unaffordable for low-income individuals. We suggest checking the current rental rates to determine affordability. - Apartment Details: We offer 18 low-income two and three bedroom apartments at this location. - Waiting List: It is important to note that most apartments currently have waiting lists. However, we provide this listing to facilitate direct contact with the management at the provided number. Please reach out to inquire about application and qualification criteria.
1005 McCarley Loop, Santa Rosa, NM 88435
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