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Affordable Housing In La Joya
Socorro County, New Mexico

Housing Authorities that serve La Joya

Housing Authority Programs
Western Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
El Camino Real Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in La Joya, New Mexico

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in La Joya, New Mexico.

Income Based Apartments in La Joya, New Mexico

La Joya 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 La Joya, New Mexico

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

Housing Choice Vouchers in La Joya, New Mexico

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

The maximum amount a voucher would pay on behalf of a low-income tenant in La Joya, New Mexico for a two-bedroom apartment is between $681 and $833.

2021 La Joya, 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
La Joya, New Mexico Fair Market Rent $592 $596 $757 $1,083 $1,311
La Joya, New Mexico Payment Standard Range $533 to $651 $536 to $656 $681 to $833 $975 to $1,191 $1,180 to $1,442

Sourced from federal housing data and AffordableHousingOnline.com research.

La Joya, 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 %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

La Joya is a city in Socorro County, New Mexico with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in La Joya are renters.

Income and Rent Overburden in La Joya

The median gross income for households in La Joya is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In La Joya

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 La Joya, the AMI is calculated from all households within Socorro County.

In La Joya, HUD calculates the Area Median Income for a family of four as $46,900

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 La Joya

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 La Joya

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 La Joya AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,760 $17,240 $21,720 $26,200 $29,650 $31,850 $34,050 $36,250
50% AMI Income Limits
Renters earning up to 50% of the La Joya AMI may qualify for rental assistance programs that target Very Low Income households.
$19,250 $22,000 $24,750 $27,450 $29,650 $31,850 $34,050 $36,250
80% AMI Income Limits
Renters earning up to 80% of the La Joya AMI may qualify for rental assistance programs that target Low Income households.
$30,750 $35,150 $39,550 $43,900 $47,450 $50,950 $54,450 $57,950