North Mountain Village El Paso

About This Building

Affordable Housing in North Mountain Village, El Paso Introduction: North Mountain Village El Paso offers Low-Income Housing Tax Credit apartments in El Paso, TX. This complex provides an affordable housing option for individuals and families who meet the LIHTC requirements. LIHTC Program: The LIHTC program encourages builders and developers to create affordable housing options for low-income individuals. These rental apartments are supported by LIHTC, which means they have specified program rent and income restrictions. Rent Limitation: The maximum rent charged for these apartments is determined by the Area Median Income (AMI). However, it's important to note that the AMI may still make the apartment unaffordable for individuals with low income. Thus, it is advisable to check the current rental rates to determine affordability. Number of Apartments: North Mountain Village offers a total of 200 low-income apartments. Due to the high demand for affordable housing, most apartments have waiting lists. Hence, it is recommended to directly contact the management using the provided number to inquire about application and qualification procedures. Apartment Sizes: The complex provides apartments in three different sizes: 1 bedroom, 2 bedrooms, and 3 bedrooms. The variety of options ensures that individuals and families of various sizes can find a suitable living space. Application Process: To apply for residency, it is important to include and verify income from all adults who will be residing in the apartment. For further details regarding the application process, feel free to call the management and inquire. Conclusion: North Mountain Village El Paso offers affordable housing options through the LIHTC program. By understanding the program guidelines, rental rates, and the application process, prospective residents can determine if this complex is a suitable choice for their needs.