Homestead Palms II

3604 Krag Street, El Paso, Texas 79938

Contact Homestead Palms II

Located in Far East El Paso, Homestead Palms offers a feeling of serene tranquility right at the edge of city life. Only minutes from shopping, eateries, and entertainment Homestead is where you’ll want to be if you are looking for a breath of fresh air. All units come fully tiled, equipped with washer and dryer, and fully furnished kitchen appliances. Quality meets affordability and comfort when you choose Homestead Palms. The community also offers support services FREE to all our residents: Homebuyer Counseling, Financial Literacy, FREE GED classes, and ESL (English as a Second Language) training. Come in and let Tropicana Properties put you into your next new home.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price
Three Bedroom (3/1)	-	Call for Price
Four Bedroom (4/2)	-	Call for Price

Eligibility for Homestead Palms 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 El Paso but actual income limits may differ for units at Homestead Palms II.

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

Homestead Palms II Details

48 one, two, three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Basketball Court
Accessible Apartments

Unit Amenities

Dishwasher
Microwave
Refrigerator
Blinds
Washer and Dryer Included

Low-Income Housing Tax Credit (LIHTC)

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.