How many subsidized housing units are available in New Mexico?
Data updated August 27, 2024
About 26,315 in 2023. Approximately 20% of these were unoccupied and available to rent in 2023. Federally subsidized rental housing began with 1937’s US Housing Act, which created the United States Housing Authority and provided financial assistance to state and local governments for housing low-income people. Since then, the government has provided housing assistance to low-income renters through programs overseen by the US Department of Housing and Urban Development (HUD).
Showing data for
In 2023
26.3K
subsidized housing units existed in New Mexico
In 2023
5.3K
subsidized housing units were unoccupied and available to rent
In 2023
20%
of all subsidized housing units were available to rent
There were about 20,673 occupied subsidized housing units in 2022, and around 246,831 occupied rental units — subsidized and unsubsidized — in New Mexico. That means 8.38% of all occupied rentals in New Mexico were provided by housing assistance programs. In 2022, 21% of all subsidized units in New Mexico were vacant, compared with 5.1% of all rental properties.
The number of available subsidized housing units varies throughout New Mexico. These units are administered by local public housing authorities (PHAs). Availability is shaped by local policy and factors like geography (e.g., urban vs. rural vs. suburban), need, and more.
In 2023, Sierra County had the most subsidized housing units per 10K people.
Subsidized housing can take different forms — from high-rise buildings to garden-style apartments to single-family dwellings, duplexes, and more — but all are accessed via eight different housing assistance programs under HUD. These are classified as either public housing; tenant-based programs; or privately-owned, project-based housing.
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Tenant-based programs — known today as the Housing Choice Voucher program — are the most common form of housing assistance, providing 2,752,351 housing units in 2023. Housing vouchers allow recipients to choose their own housing in the private market, provided it meets program requirements. These account for 53.7% of the subsidized housing stock. In New Mexico, tenant-based programs account for 60% of the subsidized housing stock, making them more common than in the US overall.
Tenant assistance was the most common type of housing program in 2023.
Privately-owned, project-based programs provide subsidized housing in larger, multifamily housing developments through agreements between landlords and HUD, and account for 25.6% of all subsidized housing in New Mexico.
The remainder of subsidized units — 14.4% of the total — are public housing, where units are built and managed by local housing agencies.
