Rio Grande Apartments

212 Lisbon St., El Paso, Texas 79905

Rio Grande Apartments is a newly remodeled, low-income housing community centrally located in El Paso, Texas offering 2-, 3-, and 4-bedroom apartment homes. This cozy, private community features a community center, a basketball court, two-fully equipped playgrounds, and an onsite laundry room. Each home comes with wood-faux vinyl flooring, refrigerated air conditioning, and a fully equipped kitchen. Nearby grocery stores, gas stations, bus stops, and Fox Plaza Shopping Center make this the most convenient place to call home!

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/1)	1000	Call for Price
Three Bedroom (3/1)	1200	Call for Price
Four Bedroom (4/1)	1400	Call for Price
Five Bedroom (5/1)	1500	Call for Price

Eligibility for Rio Grande 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 El Paso but actual income limits may differ for units at Rio Grande Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person	9 Person	10 Person
50%	$25,250	$28,850	$32,450	$36,050	$38,950	$41,850	$44,750	$47,600	$0	$0

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 Rio Grande Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person	9 Person	10 Person
Very Low Income (50%)	$25,250	$28,850	$32,450	$36,050	$38,950	$41,850	$44,750	$47,600	$0	$0
Low Income (60%)	$30,300	$34,620	$38,940	$43,260	$46,740	$50,220	$53,700	$57,120	$0	$0

Rio Grande Apartments Details

66 two, three, four and five bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Rental Assistance Demonstration (RAD)

Property Amenities

Playground
Basketball Court
Clubhouse
Laundry Room
Spanish Speaking Staff

Unit Amenities

Ceiling Fan(s)
Dishwasher
Garbage Disposal
Microwave
Washer and Dryer Hookup
Refrigerator

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Tuesday	8:00am-5:00pm
Wednesday	8:00am-5:00pm
Thursday	8:00am-5:00pm
Friday	8:00am-5:00pm

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.

Rental Assistance Demonstration (RAD)

Since this property is subsidized in part through the Rental Assistance Demonstration (RAD), some apartments may have Section 8 Project-Based Rental Assistance (PBRA) or Section 8 Project-Based Vouchers (PBV). With either type of subsidy, tenant rent payments are 30% of their adjusted monthly income. Households earning less than 80% of the area median income may qualify for PBRA or PBV reduced rents. Some of these subsidized apartments may be reserved for extremely low-income households earning less than 30% of the area median income. If the apartment has a PBV, the tenant may qualify for a Section 8 Housing Choice Voucher (HCV) after living there at least one year. Some rental units in this property may not have PBRA or PBV subsidies and therefore may have higher rents.