The Cedars Apartments

501 W Alto Dr, Hobbs, New Mexico 88240

Contact The Cedars Apartments

The Cedars Apartments is ideally located near shopping, restaurants, and doctor’s offices. Our apartments offer spacious apartment living with the companionship of caring neighbors and staff in a relaxed, homelike environment. Residents have access to a mixture of points of interest. From pricing to features, the leasing staff is ready to help you find your perfect place.

The Cedars Apartments is accepting applications and does not have a waiting list.

Last updated on March 30th, 2018

Eligibility for The Cedars Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Hobbs but actual income limits may differ for units at The Cedars Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$14,580	$19,720	$24,860	$30,000	$35,140	$38,950	$41,650	$44,300
50%	$23,500	$26,850	$30,200	$33,550	$36,250	$38,950	$41,650	$44,300
80%	$37,600	$43,000	$48,350	$53,700	$58,000	$62,300	$66,600	$70,900

The Cedars Apartments Details

63 bedroom units.
Section 202 Supportive Housing for the Elderly
Section 221 (d) (3)

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.