About This Property
Tradewinds Carriage is a 32-unit affordable housing community in Truth or Consequences, NM, serving low-income households. The property includes 12 one-bedroom units, 12 two-bedroom units, and 8 three-bedroom units, and has been in service since 2004. Financing for the development includes tax-exempt bonds and FHA funding, with 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of the City of Truth or Consequences
The waiting list is open until further notice for families and senior/disabled households, with a preference for extremely low-income households. Eligibility is based on income, acceptable background, and rental history checks; placement is by date and time a fully completed application is received.
The TCHA prefers extremely low-income households, and eligibility is limited to U.S. citizens and specific categories of non-citizens. New voucher holders must lease within Sierra County for the first 12 months.
Waitlist data provided by section8waitlist.org
Updated June 18, 2026
Property Details
Fair Market Rent - Sierra County, NM
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $594 |
| 1 Bedroom | $667 |
| 2 Bedroom | $877 |
| 3 Bedroom | $1,236 |
| 4 Bedroom | $1,488 |
Income Limits - Sierra County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,150
- Low (80%)
- $30,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,850
- Low (80%)
- $35,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,600
- Low (80%)
- $39,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,300
- Low (80%)
- $43,700
- Extremely Low (30%)
- $29,500
- Very Low (50%)
- $29,500
- Low (80%)
- $47,200
- Extremely Low (30%)
- $31,700
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $33,900
- Very Low (50%)
- $33,900
- Low (80%)
- $54,200
- Extremely Low (30%)
- $36,050
- Very Low (50%)
- $36,050
- Low (80%)
- $57,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,150 | $30,600 |
| 2 Persons | $17,420 | $21,850 | $35,000 |
| 3 Persons | $21,960 | $24,600 | $39,350 |
| 4 Persons | $26,500 | $27,300 | $43,700 |
| 5 Persons | $29,500 | $29,500 | $47,200 |
| 6 Persons | $31,700 | $31,700 | $50,700 |
| 7 Persons | $33,900 | $33,900 | $54,200 |
| 8 Persons | $36,050 | $36,050 | $57,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Truth Or Consequences, NM?+
The Fair Market Rent (FMR) for Sierra County, NM is: $594 (Studio), $667 (1BR), $877 (2BR), $1236 (3BR), $1488 (4BR). Actual rent at subsidized properties like Tradewinds Carriage is typically 30% of household income or less.
What size apartments are available at Tradewinds Carriage?+
Tradewinds Carriage offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom, 8 Three-Bedroom units, for a total of 32 units.
Is there a waitlist for Tradewinds Carriage?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Tradewinds Carriage?+
Tradewinds Carriage is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Truth Or Consequences, NM?+
Based on Fair Market Rent for Sierra County, the estimated price range is: 1-bedroom: $667, 2-bedroom: $877, 3-bedroom: $1236. Actual rent at Tradewinds Carriage may be lower for income-eligible households.
What are the income limits for affordable housing in Sierra County, NM?+
For a 4-person household in Sierra County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,300, Low Income (80% AMI): $43,700. These limits are set by HUD and updated annually.
Who manages Tradewinds Carriage?+
Tradewinds Carriage is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
