Ladera Village Apartments

About This Building

Affordable Housing Option in Farmington, NM with Income Restrictions - Introduction: Discover Ladera Village Apartments, a Low-Income Housing Tax Credit apartment conveniently located in Farmington, NM. - LIHTC Benefits: As a supported rental apartment under the LIHTC program, we offer affordable housing options with rent and income restrictions in place. - Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers to ensure low-income individuals have access to affordable housing. - Rent Based on AMI: The maximum rent charged at Ladera Village Apartments is calculated based on the Area Median Income (AMI). However, please note that for some low-income individuals, the rent may still be unaffordable due to this calculation. - Ensuring Affordability: We recommend checking the current rental rates to determine if Ladera Village Apartments meets your affordability criteria. - Apartment Details: We offer 45 two and three bedroom low-income apartments at our location. - Waitlists: Like many apartment complexes, there may be a waiting list. However, we provide direct contact information so you can inquire about the application process and determine if you qualify to live here.