Affordable housing, explained
Income-based senior apartments in Clovis, in plain language.
Affordable, income-based, income-restricted, tax-credit, low-income housing. The words change depending on who you ask, but at Lo Lomas they all point to the same simple idea: rents kept below market for households that qualify.
What "affordable" actually means here
Lo Lomas takes part in the federal affordable-housing tax-credit program. In exchange, every apartment in the community rents below the market rate, with rent caps set by the program. There is no separate "affordable wing" and no lottery. All 55 homes are affordable, and everyone qualifies the same way. Rent is a set amount by floor plan, not a percentage of your income.
Who qualifies
Two things decide it. First, Lo Lomas is a 55+ community, so at least one member of your household must be 55 or older. Second, your household income must fall below limits that HUD sets each year for Curry County. The limits depend on household size and change annually, so the fastest way to know is one phone call with a rough idea of your monthly income. We can usually tell you the same day, and applying is straightforward from there.
Section 8 vouchers are welcome
Tax-credit housing and Section 8 are different programs, and they work together. You do not need a voucher to live at Lo Lomas, because rents are already set below market for everyone. If you do have a Housing Choice Voucher, you are welcome to use it here, and our office will gladly walk you through how the two programs combine for your household.
What it costs
Current program rents: $739–$801 per month for a one bedroom and $728–$894 for a two bedroom, depending on your household's income tier. One thing that helps you budget: trash service is included, and residents put water and electricity in their own name. Program rents adjust from time to time, so call the office to confirm today's exact rate and check availability while you are on the line.
Common questions about qualifying
Who can live at Lo Lomas?
Lo Lomas is an independent-living community for adults 55 and older. At least one member of the household must be 55+, and income limits apply. Call our office and we will walk you through eligibility for your household. It only takes a few minutes.
What are the income limits?
Because Lo Lomas is an affordable community, household income must fall below limits set each year by HUD for Curry County. The limits depend on how many people live in the home and change annually, so the surest way to know is to call us with a rough idea of your monthly income. We can tell you right away if you qualify.
How much is the rent?
Current program rents are $739–$801 per month for a one bedroom and $728–$894 for a two bedroom, depending on your household's income tier. They are not calculated as a percentage of your income. Program rents adjust from time to time, so please call to confirm today's exact rate and availability.
Senior Apartments · Clovis, New Mexico · 55+
Come see it for yourself.
The best way to know if Lo Lomas feels like home is to visit. Call us and we will answer your questions and set up a tour.