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Affordable Housing In Lyden
Rio Arriba County, New Mexico

Housing Authorities that serve Lyden

Housing Authority Programs
Northern Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH)
Housing Authority of the County of Rio Arriba Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Lyden, New Mexico

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

Income Based Apartments in Lyden, New Mexico

Lyden 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 Lyden, New Mexico

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

Housing Choice Vouchers in Lyden, New Mexico

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lyden, New Mexico for a two-bedroom apartment is between $696 and $850.

2021 Lyden, 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
Lyden, New Mexico Fair Market Rent $663 $678 $773 $961 $1,048
Lyden, New Mexico Payment Standard Range $597 to $729 $610 to $746 $696 to $850 $865 to $1,057 $943 to $1,153

Sourced from federal housing data and AffordableHousingOnline.com research.

Lyden, 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 3.86
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 386

Population and Household Demographics

Lyden is a city in Rio Arriba County, New Mexico with a population of 386. There are 100 households in the city with an average household size of 3.86 persons. % of households in Lyden are renters.

Income and Rent Overburden in Lyden

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

Area Median Income In Lyden

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 Lyden, the AMI is calculated from all households within Rio Arriba County.

In Lyden, HUD calculates the Area Median Income for a family of four as $48,200

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 Lyden

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 Lyden

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 Lyden 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 Lyden 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 Lyden 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