Corona Del Valle is managed by Mayfair Management Group.
Are you searching for a superb apartment experience in El Paso, Texas? Your search ends here at The Corona del Valle apartments. The prime location offers both convenience and comfort. Indulge in a shopping extravaganza at the plethora of nearby shopping centers, savor the diverse culinary delights from local eateries, and immerse yourself in the vibrant entertainment scene just moments away. Your ideal apartment lifestyle awaits at The Corona del Valle apartments.
Discover an array of thoughtfully crafted and affordable 2-bedroom apartments for rent at Corona del Valle. These expansive rental apartments are designed with your comfort in mind. Embrace the fusion of classic apartment features and innovative contemporary touches that instantly evoke a sense of belonging from the instant you step through our doors.
Elevate your apartment living experience beyond the confines of your front door. At this community, there are a host of exceptional amenities for your enjoyment.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 815 | Call for Price |
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 El Paso but actual income limits may differ for units at Corona Del Valle.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $15,200 | $19,720 | $24,860 | $30,000 |
50% | $25,250 | $28,850 | $32,450 | $36,050 |
80% | $40,400 | $46,150 | $51,900 | $57,650 |
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 Corona Del Valle.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $25,250 | $28,850 | $32,450 | $36,050 |
Low Income (60%) | $30,300 | $34,620 | $38,940 | $43,260 |
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.
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.