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| Photos: Alina Simone |
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Azteca Economic Development and Preservation Corporation (AEDPC)
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(left) El Azteca Housing Development |
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Creating new affordable communities |
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El Azteca Housing Development is a creation of Azteca Economic Development and Preservation Corporation (AEDPC), an organization dedicated to carving our an affordable niche for low-income families in Laredo's inner city. There clusters of colorful apartment buildings in the Azteca neighborhood provide extremely affordable living for low-income households all within easy reach of downtown Laredo. Five of the 50 units have been modified for people with disabilities. Because El Azteca welcomes Section 8 recipients, many tenants pay rent based on a sliding scale of 1/3 of their earnings. |
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"We were living all the way in Rio Bravo with my in-laws, three of us in one room. Rent in Laredo was too high and we couldn't afford it. Here we are closer to doctors, work, everything." |
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The Valdez family pays an average of $241 per month for their 2-bedroom apartment overlooking the Rio Grande |
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