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State Data Overview
Across New Mexico, there is a shortage of rental homes affordable and available to extremely low income households (ELI), whose incomes are at or below the poverty guideline or 30% of their area median income (AMI). Many of these households are severely cost burdened, spending more than half of their income on housing. Severely cost burdened poor households are more likely than other renters to sacrifice other necessities like healthy food and healthcare to pay the rent, and to experience unstable housing situations like evictions.
Housing Profiles
New Mexico
Key Facts
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67,295 OR 27%
Renter households that are extremely low-income
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-39,780
Shortage of rental homes affordable and available for extremely low-income renters
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$30,000
Average income limit for 4-person extremely low income household
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$52,302
Annual household income needed to afford a two-bedroom rental home at HUD's Fair Market Rent (FMR)
Impact on Low-Wage Workers
A minimum wage worker would need to work:
- 69 hours per week or 1.7 full-time jobs to afford a 1-bedroom apartment at Fair Market Rent (FMR).
- 84 hours per week or 2.1 full-time jobs to afford a 2-bedroom apartment at Fair Market Rent (FMR).
Most Expensive Areas 2-Bedroom Housing Wage Los Alamos County $33.46 Santa Fe MSA $32.40 Albuquerque MSA $28.15 Lea County $25.46 Taos County $24.60 Common Occupations Median Hourly Wage Janitors and Cleaners, Except Maids and Housekeeping Cleaners $17.80 Retail Salespersons $16.46 Fast Food and Counter Workers $14.18 Home Health and Personal Care Aides $14.09 Solutions
- Provide significant resources to build and preserve homes affordable to renters with the lowest incomes through investments in public housing and the national Housing Trust Fund
- Encourage states and local communities to reform zoning and land use regulations that prevent housing from being built and push up housing costs
- Bridge the gap between incomes and housing costs by expanding rental assistance so that it is universally available to all eligible households or consider other innovative approaches, such as a fully refundable renters’ tax credit
- Prevent evictions and homelessness by creating permanent tools, such as emergency rental assistance, to help stabilize families in crisis
- Other federal housing resources, including the Low-Income Housing Tax Credit, should be reformed to better address the shortage of rental housing affordable to the lowest-income households.
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State Level Partners
NLIHC Housing Advocacy Organizer
Kenza Idrissi Janati
State PartnersNew Mexico Coalition to End Homelessness
P.O. Box 865
Santa Fe, NM 87504
P 505-982-9000
F 888-527-6480
www.nmceh.orgMonet Silva
Executive Director
[email protected]Become an NLIHC State Partner
NLIHC’s affiliation with our state coalition partners is central to our advocacy efforts. Although our partners' involvement varies, they are all housing and homeless advocacy organizations engaged at the state and federal level. Many are traditional coalitions with a range of members; others are local organizations that serve more informally as NLIHC's point of contact.
Inquire about becoming a state partner by contacting [email protected]
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Housing Trust FundHTF Implementation Information
NLIHC continues working with leaders in each state and the District of Columbia who will mobilize advocates in support of HTF allocation plans that benefit ELI renters to the greatest extent possible. Please contact the point person coordinating with NLIHC in your state (below) to find out about the public participation process and how you can be involved. Email Brooke Schipporeit with any questions.
Current Year HTF Allocation$3,521,165
HTF State Resources2019
Draft HTF Allocation Plan (PDF)
2018
Annual Action Plan with HTF Allocation Plan on page 139 (PDF)
Notice of Funding Availability, NOFA (PDF)
2017
HUD-approved Annual Action Plan, HTF Allocation Plan pages 114-118 (PDF)
2017 HTF NOFA, pages 145-156 of Action Plan (PDF)
Draft HTF Allocation Plan (PDF)
Final 2017 Annual Action Plan with HTF (PDF)
Notice of Public Hearings for DRAFT 2017 Annual Action Plan
2016
HUD-approved 2016 Allocation Plan (PDF)
NLIHC Summary of the New Mexico draft NHTF Allocation Plan (see attached PDF)
Draft HTF Allocation Plan by New Mexico Mortgage Finance Authority (PDF)
State Designated EntityState Entity Webpage
MFA Housing New MexicoOfficial Directly Involved with HTF ImplementationGeorge Maestas
Development Loan Manager
505-767-2243
[email protected]Jacobo Martinez
Development Loan Manager
505-767-2285
[email protected]Julie Halbig
Director of Compliance and Initiatives
505-308-4216
[email protected]NHTF-specific pages
National Housing Trust Fund
State of New Mexico Annual Action Plans -
ResourcesResources
Housing Profiles
State Housing Profile
State Housing Profile: New Mexico (PDF)
Congressional District Housing Profile
Congressional District Profile: New Mexico (PDF)
Research and Data
National Housing Preservation Database
The National Housing Preservation Database is an address-level inventory of federally assisted rental housing in the United States.
Out of Reach: The High Cost of Housing
Out of Reach documents the gap between renters’ wages and the cost of rental housing. In New Mexico and Nationwide
The Gap: A Shortage of Affordable Rental Homes
The Gap represents data on the affordable housing supply and housing cost burdens at the national, state, and metropolitan levels. In New Mexico and Nationwide
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