Greater Albuquerque Housing Partnership

A 501(c)3 Nonprofit

Types of Affordable Housing

New Construction, Development

Newly constructed affordable housing is designed, planned, and built to be affordable. Such developments can include multi-family complexes, single family homes, town homes, and single-room-occupancy. Market rate units can be integrated within the development, creating a mixed-income development to maintain and promote community diversity. Developers can be either non-profit or for profit, and government funding is often utilized.

New Construction, Unit

Newly constructed units are also planned and built specifically for affordable housing, however these units (either single occupancy or family) are usually a part of a larger mixed-income development either in the form of single-family homes, or apartments.

Existing Development

Existing developments can be renovated and adapted to become affordable housing. Often these are existing, market-rate apartment complexes that may be deteriorating, but may also include adaptive reuse strategies using old schools and abandoned office complexes.

Cooperative Housing

To join a co-op, you must become a member of the co-op, and a shareholder in the corporation that owns the property. In this way you are qualified to occupy one unit within the property. Each member makes monthly loan payments on their share, instead of a mortgage or rent, and is also partially responsible for the maintenance of the building.


Co-ops are often less expensive than traditional apartments because the pooling of the members’ resources leverages their buying power, which lowers the overall cost to each individual.

Co-Housing

Cohousing is a type of collaborative living community where residents have separate living quarters but share common spaces such as kitchens and yards.

Designated Housing

  • Senior Housing
  • College Housing
  • People with Disabilities
  • AIDS Housing
  • Former Homeless
  • Veteran Housing

Transitional Housing

Transitional housing acts as an in-between residence for people experiencing temporary homelessness. This may include people recovering from health problems, children transitioning out of foster care, and persons transitioning out of incarceration.