Canon De Arrowhead is managed by LaMar Management Inc..
Welcome to Canon de Arrowhead
An affordable apartment community with income and student restrictions in West Albuquerque!
Experience the uncompromising blend of comfort and affordability! Cañon de Arrowhead apartments in Albuquerque, New Mexico offers 1, 2 and 3 bedroom floor plans as well as a variety of amenities that suit a wide range of tastes and needs. The apartment amenities include walk-in closets, private patio or balcony, open kitchen, washer/dryer connections, refrigerated air, dishwasher, and extra outdoor storage. They offer our residents several amenities such as an outdoor pool, fitness room, gated access, on-site laundry facility, clubhouse, 24-hour emergency maintenance, and courtesy patrol. The beautiful grounds feature a spectacular view of the Sandia Mountains as well as lush landscaping. Their property is conveniently located near I-40 so everything Albuquerque has to offer is easily within reach. Call or stop by Cañon de Arrowhead today for your personalized tour and see all that comfortable living at an exceptional price can offer you! Canon de Arrowhead is an affordable apartment community and has income restriction guidelines.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 850 | $711 |
2 Bedroom (2/2) | 925 | $851 |
3 Bedroom (3/2) | 1125 | $979 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Albuquerque but actual income limits may differ for units at Canon De Arrowhead.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $28,000 | $32,000 | $36,000 | $39,950 | $43,150 | $46,350 |
Low Income (60%) | $33,600 | $38,400 | $43,200 | $47,940 | $51,780 | $55,620 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.