State plate · NM

Assisted living in New Mexico

New Mexico licenses assisted living through HCA, Div. of Health Improvement, under the license types Assisted Living Facility (memory care units under NMAC 8.370.14). New Mexico does not publish a downloadable list with capacity. CDC's 2020 survey estimated 180 residential care communities with 5,200 beds. HUD's active-loan file shows 7 FHA-insured assisted living loans in New Mexico with $46.4 million outstanding as of September 30, 2026.

Licensing

Licensing agency
HCA, Div. of Health Improvement
License types
Assisted Living Facility (memory care units under NMAC 8.370.14)
Official program page
alf.hca.nm.gov
Facility list
no download

Licensing details checked against each agency's site on 2026-10-24. HUD requires a Section 232 assisted living project to be licensed or regulated by the state and have at least 20 beds.

CDC survey profile (2020)

The National Post-acute and Long-term Care Study, run by CDC's National Center for Health Statistics, estimates residential care communities with four or more beds. 2020 is its latest wave with state figures, so these numbers differ from the state's own list.

MeasureNew MexicoUS
Communities18030,600
Beds5,2001,197,600
Average beds per community2939
For-profitn/a%81.9%
Chain affiliated67.2%61.4%
Medicaid certified30.6%43.6%
Dementia-only communities11.9%10.5%
Dementia-only or with a dementia unitn/a20.5%
Residents 85 and older53.0%49.9%
Residents with Alzheimer disease or other dementias46.5%42.1%

Source: CDC/NCHS, Biennial Overview of Post-acute and Long-term Care (data.cdc.gov). Percentages are of communities, except the resident rows.

HUD Section 232 assisted living loans

Active FHA loans
7
Outstanding
$46.4 million
Median note rate
3.80%
Endorsed since FY2001
11

Since fiscal 2001 HUD has endorsed 11 FHA-insured assisted living loans in New Mexico for $77.5 million of original principal, and 4 since fiscal 2021. 3 of today's active loans carry a note rate of 5% or more. The active file also lists 1 board and care loans in the state.

Property (HUD name)CityUnitsEndorsedRateBalanceMatures
The Retreat and Retreat GardensFHA 11622026Rio Rancho167Sep 20193.38%$12,196,354Oct 2054
Wheatfields Senior Living CommunityFHA 11622037Clovis101Apr 20223.10%$10,451,721May 2057
Beehive Homes of San PedroFHA 11622048Albuquerque180Oct 20256.05%$9,919,389Nov 2060
Haciendas at Grace VillageFHA 11622039Las Cruces48Dec 20236.35%$6,851,479Jan 2059
Sierra VistaFHA 11622022Santa Fe24Dec 20153.80%$3,625,315Jan 2051
Beehive Homes of HobbsFHA 11622047Hobbs38Oct 20256.05%$2,266,001Nov 2060
Camino Retirement ApartmentsFHA 11622014Albuquerque98Dec 20122.49%$1,055,129Jan 2033

Active loans: HUD FHA insured mortgages, active, as of September 30, 2026. Endorsements: HUD Office of Healthcare Programs database, data run July 8, 2026. Facility type comes from HUD's endorsement records.

Own or are buying an assisted living or memory care building in New Mexico? See what HUD, Fannie Mae and Freddie Mac would lend against your NOI.

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ALF Atlas is operated by Janover Capital LLC and is not affiliated with HUD, FHA, CDC or any state agency. Methodology.