Affordable Housing In Ohkay Owingeh
Rio Arriba County,
New Mexico
1 Low Income Apartment Communities In Ohkay Owingeh
- «
- 1
- »
Housing Authorities that serve Ohkay Owingeh
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 Ohkay Owingeh, New Mexico
There are 1 low income housing apartment communities offering 40 affordable apartments for rent in Ohkay Owingeh, New Mexico.
Income Based Apartments in Ohkay Owingeh, New Mexico
Ohkay Owingeh 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 Ohkay Owingeh, New Mexico
There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ohkay Owingeh.
Housing Choice Vouchers in Ohkay Owingeh, New Mexico
On average, Section 8 Housing Choice vouchers pay Ohkay Owingeh landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Ohkay Owingeh.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ohkay Owingeh, New Mexico for a two-bedroom apartment is between $696 and $850.
2021 Ohkay Owingeh, 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 | |
---|---|---|---|---|---|
Ohkay Owingeh, New Mexico Fair Market Rent | $663 | $678 | $773 | $961 | $1,048 |
Ohkay Owingeh, 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.
Ohkay Owingeh, NM Affordable Housing Snapshot
Total Affordable Apartment Properties | 1 |
---|---|
Total Low Income Apartments | 40 |
Total Housing Units with Rental Assistance | 0 |
Percentage of Housing Units Occupied By Renters | 19.57% |
Average Renter Household Size | 3.42 |
Average Household Size | 3.70 |
Median Household Income | $37,656 ±$6,017 |
Median Rent | $642 ±$383 |
Percentage Of Renters Overburdened | 37.04% ± 19.97pp |
Total Population | 1,531 |
Population and Household Demographics
Ohkay Owingeh is a city in Rio Arriba County, New Mexico with a population of 1,531. There are 414 households in the city with an average household size of 3.70 persons. 19.57% of households in Ohkay Owingeh are renters.
Income and Rent Overburden in Ohkay Owingeh
The median gross income for households in Ohkay Owingeh is $37,656 a year, or $3,138 a month. The median rent for the city is $642 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ohkay Owingeh, a household making less than $2,140 a month would be considered overburdened when renting an apartment at or above the median rent. 37.04% of households who rent are overburdened in Ohkay Owingeh.
Area Median Income In Ohkay Owingeh
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 Ohkay Owingeh, the AMI is calculated from all households within Rio Arriba County.
In Ohkay Owingeh, 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 Ohkay Owingeh
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 Ohkay Owingeh
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 Ohkay Owingeh 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 Ohkay Owingeh 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 Ohkay Owingeh 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 |