| AMI* | 1 person | 2 person | 3 person | 4 person | 5 person | 6 person | 7 person | 8 person |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $16,800 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $28,000 / year | $32,000 / year | $36,000 / year | $39,950 / year | $43,150 / year | $46,350 / year | $49,550 / year | $52,750 / year |
| 50% AMI for PBRA Units | $28,000 / year | $32,000 / year | $36,000 / year | $39,950 / year | $43,150 / year | $46,350 / year | $49,550 / year | $52,750 / year |
| 80% AMI for PBRA Units | $44,750 / year | $51,150 / year | $57,550 / year | $63,900 / year | $69,050 / year | $74,150 / year | $79,250 / year | $84,350 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
The revitalization project, called The Commons at Martineztown, includes converting the existing 96 public housing units to Project Based Vouchers through a combination of Rental Assistance Demonstration (RAD) and Section 18 Disposition, to affect the recapitalization of the existing buildings located in Albuquerque, New Mexico.
The property provides housing to seniors and disabled residents as well as families with children and is currently owned and operated by AHA. The site is located on east edge of downtown Albuquerque in the historic Martineztown neighborhood and on the El Camino Real de Tierra Adentro National Historic Trail.
These affordable apartments are located at:
320 Roma Avenue Northeast,
415 Fruit Avenue Northeast and
615 Arno Street Northeast, Albuquerque, New Mexico,
near the corner of Lomas Boulevard at Broadway Blvd, in historic Martineztown neighborhood. The freshly renovated apartment community has 1, 2 , 3 and 4 bedroom apartment units for rent.
