Nevarez Palms

120 N. Nevarez Rd, Socorro, Texas 79927

Contact Nevarez Palms

The newly opened Nevarez Palms is perfect for families! Located in the growing community of Socorro, Nevarez Palms is your best choice. This community is located within minutes of restaurants, shopping centers, Wal-Mart, Loop 375 and more. Come see what this up-and-coming neighborhood is all about. Spacious floorplans available. Included are a washer and dryer in each unit.

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

Eligibility for Nevarez Palms

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 Socorro but actual income limits may differ for units at Nevarez 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

Nevarez Palms Details

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

Property Amenities

Fitness Center
Playground
Basketball Court
Community Room
Business Center
On-Site Manager
On-Site Maintenance
Picnic Area
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Dishwasher
Garbage Disposal
Microwave
Washer and Dryer Hookup
Cable Ready
Refrigerator
Oven and Range
Kitchen Pantry

Office Hours

Day	Hours
Monday	9:30am-5:00pm
Tuesday	9:30am-5:00pm
Wednesday	9:30am-5:00pm
Thursday	9:30am-5:00pm
Friday	9:30am-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.