Affordable Housing In Youngsville
Rio Arriba County, New Mexico

Section 8 Vouchers, Apartments, and Waiting Lists in Youngsville, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Youngsville, New Mexico

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 Youngsville, New Mexico

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

Income Based Apartments in Youngsville, New Mexico

Youngsville 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 Youngsville, New Mexico

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

Housing Choice Vouchers in Youngsville, New Mexico

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Youngsville, New Mexico for a two-bedroom apartment is between $653 and $799.

2022 Youngsville, 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
Youngsville, New Mexico Fair Market Rent $626 $637 $726 $897 $985
Youngsville, New Mexico Payment Standard Range $563 to $689 $573 to $701 $653 to $799 $807 to $987 $887 to $1,084

Sourced from federal housing data and AffordableHousingOnline.com research.

Youngsville, 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 21.05%
Average Renter Household Size 1.75
Average Household Size 2.29
Median Household Income $21,250 ±$16,971
Median Rent $0 ±$0
Percentage Of Renters Overburdened 100% ± 238.16pp
Total Population 87

Population and Household Demographics

Youngsville is a city in Rio Arriba County, New Mexico with a population of 87. There are 38 households in the city with an average household size of 2.29 persons. 21.05% of households in Youngsville are renters.

Income and Rent Overburden in Youngsville

The median gross income for households in Youngsville is $21,250 a year, or $1,771 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 Youngsville, 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 Youngsville.

Area Median Income In Youngsville

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

In Youngsville, HUD calculates the Area Median Income for a family of four as $49,000

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 Youngsville

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 Youngsville

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 Youngsville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $29,500 $31,700 $33,900 $36,050
50% AMI Income Limits
Renters earning up to 50% of the Youngsville AMI may qualify for rental assistance programs that target Very Low Income households.
$19,150 $21,850 $24,600 $27,300 $29,500 $31,700 $33,900 $36,050
80% AMI Income Limits
Renters earning up to 80% of the Youngsville AMI may qualify for rental assistance programs that target Low Income households.
$30,600 $35,000 $39,350 $43,700 $47,200 $50,700 $54,200 $57,700