Affordable Housing In Hot Springs Landing
Sierra County, New Mexico

Affordable Housing programs support 0 income based apartments in Hot Springs Landing where households pay rent based on how much they earn.

There are 0 affordable apartments in Hot Springs Landing that offer reduced rents to low-income households.

Waiting Lists in Hot Springs Landing, New Mexico

There are two Section 8 Housing Choice Voucher waiting lists open in Hot Springs Landing.

  • is currently open for new Section 8 applications.
  • is currently open for new Section 8 applications.

Go to the New Mexico Section 8 Waiting Lists page for more openings near Hot Springs Landing.

Affordable Housing Near Hot Springs Landing

View affordable apartments and waiting lists in cities near Hot Springs Landing

City Apartments
Affordable Housing In Truth Or Consequences, NM Affordable Housing programs support 6 apartment communities in Truth Or Consequences.

Public Housing Agencies Serving Hot Springs Landing, New Mexico

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
Truth or Consequences Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Western Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the New Mexico Public Housing and Low-Income Apartments Waiting Lists page for openings near Hot Springs Landing.

Hot Springs Landing, New Mexico Affordable Housing Data

Income Based Apartments in Hot Springs Landing, New Mexico

Hot Springs Landing features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Hot Springs Landing, New Mexico

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hot Springs Landing.

Housing Choice Vouchers in Hot Springs Landing, New Mexico

On average, Section 8 Housing Choice vouchers pay Hot Springs Landing landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Hot Springs Landing.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hot Springs Landing, New Mexico for a two-bedroom apartment is between $716 and $875.

2023 Hot Springs Landing, New Mexico Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Hot Springs Landing, New Mexico Fair Market Rent $532 $604 $795 $1,130 $1,354
Hot Springs Landing, New Mexico Payment Standard Range $479 to $585 $544 to $664 $716 to $875 $1,017 to $1,243 $1,219 to $1,489

Sourced from federal housing data and AffordableHousingOnline.com research.

Hot Springs Landing, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 66.22%
Average Renter Household Size 1.98
Average Household Size 2.03
Median Household Income $0 ±$0
Median Rent $0 ±$0
Percentage Of Renters Overburdened 100% ± 38.88pp
Total Population 150

Population and Household Demographics

Hot Springs Landing is a city in Sierra County, New Mexico with a population of 150. There are 74 households in the city with an average household size of 2.03 persons. 66.22% of households in Hot Springs Landing are renters.

Income and Rent Overburden in Hot Springs Landing

The median gross income for households in Hot Springs Landing is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hot Springs Landing, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 100% of households who rent are overburdened in Hot Springs Landing.

Area Median Income In Hot Springs Landing

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Hot Springs Landing, the AMI is calculated from all households within Sierra County.

In Hot Springs Landing, HUD calculates the Area Median Income for a family of four as $47,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Hot Springs Landing

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Hot Springs Landing

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Hot Springs Landing AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,590 $18,310 $23,030 $27,750 $32,470 $35,400 $37,850 $40,300
50% AMI Income Limits
Renters earning up to 50% of the Hot Springs Landing AMI may qualify for rental assistance programs that target Very Low Income households.
$21,350 $24,400 $27,450 $30,500 $32,950 $35,400 $37,850 $40,300
80% AMI Income Limits
Renters earning up to 80% of the Hot Springs Landing AMI may qualify for rental assistance programs that target Low Income households.
$34,200 $39,050 $43,950 $48,800 $52,750 $56,650 $60,550 $64,450