Artcraft Palms is managed by Tropicana Properties.
Artcraft Palms is the newest addition to the growing Tropicana Properties portfolio. Located in the west side of El Paso, Texas. Easy access to Artcraft Rd., and conveniently located near shopping, restaurants and schools. This community offers 1-, 2-, 3-, and 4-bedroom units.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Three Bedroom (3/2) | - | Call for Price |
Four Bedroom (4/2) | - | Call for Price |
This property is currently under construction.
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 El Paso but actual income limits may differ for units at Artcraft Palms.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $25,250 | $28,850 | $32,450 | $36,050 | $38,950 | $41,850 | $44,750 | $47,600 |
Low Income (60%) | $30,300 | $34,620 | $38,940 | $43,260 | $46,740 | $50,220 | $53,700 | $57,120 |
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.