Affordable housing is generally defined as housing in which the occupant is paying no more than 30 percent of gross income for housing costs, including utilities.
Properties listed below are either categorized as subsidized or have received LIHTC financing.
A subsidized housing unit is one in which a tenant pays approximately 30% their adjusted income on rent and utilities. The management agency or Public Housing Authority calculate the tenant's rent amount. HUD then pays the difference between the tenants rent contribution and the total rent that is paid to the property owner. For more information on HUD rental assistance programs, contact the property directly or the San Juan County Housing Authority.
Properties that have received Low Income Housing Tax Credit (LIHTC) financing must provide affordable rents to tenants who qualify based on income guidelines. For more information about a particular building and their corresponding income guidelines, rents, and any other qualifications, please contact the property directly.
U.S. Department of Housing and Urban Development (HUD)
New Mexico rental housing resources, information on subsidized apartments, public housing and housing choice vouchers (section 8), utility bill support, housing counseling agency.