integrated

design & architecture

505.243.3499

906 ½ Park Ave SW

Albuquerque, NM 87102

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Socorro Village Apartments

Socorro, NM

LOCATION

40 Units

SIZE

This not-for-profit developer utilized a new State Tax, tax credit program in a very inventive way.  The property was owned and managed by the City of Socorro.  Under the agreement, the property was donated to a non-profit who was awarded ½ the value of the property in tax credits which they parlayed with other funding sources to conduct the renovated.