Casa Alegre Apartments Phase II

400 Mountain View Dr, Las Vegas, New Mexico 87701

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Eligibility for Casa Alegre Apartments Phase II

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 Las Vegas but actual income limits may differ for units at Casa Alegre Apartments Phase II.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $22,650 $25,850 $29,100 $32,300 $34,900 $37,500 $40,100 $42,650

Casa Alegre Apartments Phase II Details

  • 20 bedroom units.
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance
  • Section 221 (d) (3)
  • Section 236
Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

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