Supportive Housing Coalition

What Supportive Housing Coalition does

Supportive Housing Coalition of New Mexico (SHCNM) is a 501(c)(3) nonprofit founded in 1996 and headquartered in Albuquerque, NM, that develops, owns, and operates affordable and permanent supportive housing for individuals and families experiencing homelessness, particularly those with behavioral health diagnoses, disabilities, and extremely low incomes. The organization manages approximately 700 housing units across eight named communities in Albuquerque, Gallup, and Las Vegas, NM: Downtown @700-2nd (72 micro-efficiency units), Silver Gardens I & II (122 LEED Platinum mixed-income units), Sunport Plaza (80 units ≤50% AMI), Chuska (30 units, mixed supportive/affordable), Vista Gallinas (14 HUD 811 units), Redlands (17 HUD 811 units), San Roque (137 new-construction units, co-developed with Monarch Properties), and La Serena (102 new-construction senior units). Programs include the HUD-funded Casita Bonita tenant-based rental assistance for 45 households, SOAR certification services for SSI/SSDI benefits access, and coordination with the state's HMIS and Coordinated Entry System.

The organization's business model is built on three revenue streams: federal and state government grants and rental assistance (HUD, HUD 811, MFA Housing New Mexico, Federal Home Loan Bank of Dallas), income-based rental income from residents who typically pay 30% of adjusted annual income (supplemented by market-rate units in mixed-income properties), and individual/corporate donations and in-kind contributions channeled through donor-advised funds, foundations, and an annual Strike Out Homelessness fundraising event. The website indicates SHCNM has ceased administering housing vouchers as of 2025 and is refocusing on affordable housing community development, marking a strategic pivot from subsidy administration toward owned-asset development.

SHCNM was founded by a coalition of four anchor service providers — Albuquerque Health Care for the Homeless, HopeWorks, Therapeutic Living Services, and University of New Mexico Psychiatric Center — later joined by the NM VA Medical System. This coalition structure remains the basis for referrals and supportive services coordination across its properties. Notable technical/operational features include Silver Gardens' status as the first affordable housing development in the U.S. to sell carbon offsets and the in-house SOAR team, described as the largest single-agency contingent of certified SOAR representatives in New Mexico. The organization is currently led by Interim CEO Debbie Davis under an interim Board of Directors.

Name

Supportive Housing Coalition

Legal name

Supportive Housing Coalition of New Mexico

Website

https://shcnm.org

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Supportive Housing Coalition of New Mexico is a 501(c)(3) nonprofit that develops, owns, and operates approximately 700 units of affordable and permanent supportive housing across eight communities in Albuquerque, Gallup, and Las Vegas, NM, serving individuals and families experiencing homelessness, persons with disabilities, low-income households, and seniors.

Ownership category

akta.pro rank

Product category

Affordable Supportive Housing

NAICS

Community Housing Services (62422), Other Residential Care Facilities (623990), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Emergency and Other Relief Services (624230)

SIC

Services-Social Services (8300), Operators Of Apartment Buildings (6513), Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Housing Assistance & Homeless Services (BPAGAEAB)

akta.pro secondary industries

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Independent Living with Supportive Services (Light ADL/IADL Support) (HLADAAAE), Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB), Mixed-Use Community Association Management (BPAJAHAF)

Keywords

• Supportive housing
• Affordable housing
• Permanent housing
• Homeless services
• Housing first

Headquarters

HQ city

Albuquerque

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Government Grants and Housing Assistance Programs: SHCNM receives federal funding from HUD (including HUD 811 program for persons with disabilities), state funding from New Mexico Mortgage Finance Authority, and administers rental assistance vouchers. This constitutes their primary revenue for developing and maintaining affordable housing.
2. Rental Income: Revenue from affordable housing units where residents pay based on income (typically 30% of adjusted annual income). Mixed-income properties also include market-rate units generating standard rental income.
3. Donations and Charitable Contributions: Individual and corporate donations, including one-time and monthly giving options, donor-advised funds through Fidelity Charitable, Schwab Charitable, and BNY Mellon, and Amazon Wish List contributions for cleaning and household supplies.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Supportive Housing Coalition of New Mexico (SHCNM) develops, owns, and operates affordable and permanent supportive housing apartment communities for individuals and families experiencing homelessness in New Mexico. The organization manages approximately 700 housing units across eight named apartment communities in Albuquerque, Gallup, and Las Vegas, supplemented by tenant-based rental assistance programs, SOAR disability benefits assistance, and on-site supportive services coordination for residents.

Product overview

Supportive Housing Coalition of New Mexico operates as a nonprofit housing development and services organization offering a portfolio of permanent supportive housing programs and apartment communities. The organization provides approximately 700 units of housing across eight named apartment communities (Downtown @700-2nd, Redlands, Silver Gardens I & II, Sunport Plaza, Chuska, Vista Gallinas, San Roque, and La Serena), supplemented by tenant-based rental assistance programs including the Casita Bonita HUD program and housing vouchers. Core services include SOAR certification assistance for disability benefits, coordinated entry system management, and supportive services coordination through Housing and Services Coordinators. The organization specializes in serving individuals and families experiencing homelessness, particularly those with behavioral health diagnoses and disabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Downtown @700-2nd
• Redlands A HUD 811 property with 17 one-bedroom independent living units providing permanent housing to low-income persons with verifiable disabilities. Includes community room, computer lab, and laundry facility.
• Silver Gardens I & II A 122-unit mixed-income development with studios, one-bedroom, and two-bedroom units. LEED Platinum certified with rooftop solar panels and wind turbines; the first affordable housing development in the country to sell carbon offsets.
• Sunport Plaza An 80-unit affordable housing property for persons with incomes at or below 50% area median income. Includes studios and one-bedroom apartments with golf course views, on-site food bank, and community planting area.
• Chuska Apartments A 30-unit property in Gallup combining 10 permanent supportive housing units for chronically homeless families and 20 affordable housing units for families at or below 60% area median income. Features green design elements and on-site SHCNM service coordinator.
• Vista Gallinas A 14-unit HUD 811 development providing permanent supportive housing for persons with verifiable disabilities and extremely low incomes. One-bedroom garden-style rental homes in Las Vegas, NM.
• San Roque Apartments A new construction 137-unit multifamily property with 24 one-bedroom, 91 two-bedroom, and 22 three-bedroom apartments. Features playground, fitness room, business center, dog park, and raised community gardens. Co-owned with Monarch Properties.
• La Serena
• Tenant-Based Rental Assistance Program Rental assistance program providing housing vouchers to help individuals and families afford housing in the private market. SHCNM is transitioning away from vouchers to focus on affordable housing community development.
• Casita Bonita A HUD-funded tenant-based rental assistance program launched in 2018 providing housing for 45 individuals and families with behavioral health disabilities experiencing chronic homelessness.
• SOAR (SSI/SSDI Outreach, Access, and Recovery) Certified program helping eligible adults and children experiencing homelessness or at risk obtain SSI/SSDI disability income benefits through SAMHSA-accredited representatives. SHC has the greatest number of SOAR-certified providers in one agency in New Mexico.

Quantifiable outcome

• 700 units of housing developed and managed
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core, major and minor.

• Albuquerque Health Care for the HomelesscoreStrategic or Co-development Partner · 1 January 1996Founding member of SHCNM coalition. A healthcare organization providing services to homeless individuals that recognized the community-wide gap in safe and affordable housing.
• HopeWorks (formerly St. Martin's Hospitality Center)coreStrategic or Co-development Partner · 1 January 1996Founding member of SHCNM coalition. A service organization for individuals experiencing homelessness that contributed to the formation of the housing coalition.
• Therapeutic Living Services (formerly Transitional Living Services)coreStrategic or Co-development Partner · 1 January 1996Founding member of SHCNM coalition. A behavioral health services organization that recognized housing needs for at-risk populations.
• University of New Mexico Psychiatric CentercoreStrategic or Co-development Partner · 1 January 1996Founding member of SHCNM coalition. Academic psychiatric center that contributed expertise in mental health and behavioral health diagnoses.
• New Mexico Veterans Administration Medical Systems of AlbuquerquecoreStrategic or Co-development Partner · 1 January 1996Joined as coalition member after founding. VA system contributing housing expertise for veterans experiencing homelessness.
• New Mexico Coalition to End Homelessness (NMCEH)coreStrategic or Co-development PartnerState Lead for SOAR program and manages HMIS data system. Coordinates Point-in-Time counts and serves as state resource for homelessness data and policy.
• The Jonathon Rose CompaniesmajorStrategic or Co-development PartnerCo-development partner for Silver Gardens I & II, a 122-unit LEED Platinum certified mixed-income apartment community in Albuquerque.
• Presbyterian Medical ServicesmajorStrategic or Co-development PartnerHealthcare provider referring participants to SHCNM's Linkages Program for housing. Participants diagnosed with serious mental illness are referred for permanent supportive housing.
• Token IbisminorGTM or Marketing PartnerAlbuquerque-based philanthropy app that functions like cash apps for charitable giving. Users receive money to donate to nonprofits and can support SHCNM through the platform.
• Monarch PropertiesmajorStrategic or Co-development PartnerCo-developer and co-owner of San Roque Apartments, a 137-unit new construction property. Handles rental/management inquiries for preleasing.
• Thomas Development Co.majorStrategic or Co-development PartnerHousing development partner and Title Sponsor for Strike Out Homelessness 2024 event. Co-developer for various SHCNM projects.
• CORT FurnitureminorOthersFurniture company that donates furniture and household items to SHCNM for newly housed families through silent auctions and direct donations.
• CABAEO (Coordinated Assessment and Behavioral Health)coreStrategic or Co-development PartnerCoordinates assessment processes and behavioral health services integration for housing participants.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Abode Services: Bay Area-based nonprofit providing supportive housing and homelessness services with a Housing First model. Comparable in service model and PSH orientation, but geographically focused on Northern California rather than New Mexico.

Direct peers

• A Community of Friends: LA-based nonprofit providing permanent supportive housing to individuals and families transitioning from homelessness, with emphasis on behavioral health and disabilities — a near-analog to SHCNM's HUD 811 and Linkages programs.
• LINC Housing: Long Beach-based nonprofit developing affordable, supportive, and senior housing in California. Closely comparable in scale, supportive services integration, and senior housing focus (Silver Gardens / La Serena-style assets).
• PATH (People Assisting The Homeless): California/SoCal nonprofit operating interim housing, permanent supportive housing, and rapid re-housing. Operates a similar Housing First model targeting individuals experiencing homelessness with behavioral health needs, mirroring SHCNM's Linkages and PSH programs.
• BRIDGE Housing: California-based nonprofit affordable and supportive housing developer similarly partnering with service providers to deliver mixed-income and PSH communities. Highly comparable business model, including mixed-income cross-subsidy structure akin to SHCNM's Silver Gardens and Downtown @700-2nd.
• Skid Row Housing Trust: LA-based nonprofit operating permanent supportive housing for individuals experiencing homelessness with behavioral health diagnoses; directly comparable target population and integrated supportive services model.
• Thomas Safran & Associates: Affordable and supportive housing developer on the West Coast combining LIHTC development with on-site services for formerly homeless and veteran populations. Comparable in operating model and PSH emphasis.

Broad incumbents

• Mercy Housing: National nonprofit affordable and supportive housing developer/operator with a portfolio of ~50,000 units across 40+ states. SHCNM operates a similar Housing First model with HUD/811 property mix, but at a regional scale.
• Enterprise Community Partners: National affordable housing intermediary and developer that is also a current financial partner of SHCNM (via Enterprise Green Communities). Comparable on the development and green-building side, but operates at massive national scale.

Others

• Corporation for Supportive Housing: National intermediary advancing supportive housing policy, financing, and technical assistance. Comparable mission alignment with SHCNM's PSH focus; serves as a systems-level enabler rather than a direct operator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/HousingNM
• LinkedInlinkedin.com/company/shcnm

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Supportive Housing Coalition