News

Housing NM offers mortgage interest rates as low as 5.875%* for the FirstHome Government mortgage loan program, which has shown to be substantially lower than current market rates.

On May 17, 2023, The Housing NM Board of Directors approved $53 Million in Low-Income Housing Tax Credits (LIHTC) for the new construction and rehabilitation of affordable housing across New Mexico.

Housing NM participated in a ribbon cutting for the celebration of the newest housing development in Ruidoso, Mechem Meadows - a project that Housing NM provided a $400,000 no-interest loan to in June of 2022.

Housing NM recently received an additional $1,300,000 in funding from New Mexico Gas Company for the New Mexico Energy$mart Weatherization Program.

The Board of Directors for Housing NM recently approved the Restoring Our Communities (ROC) Program to reduce vacant and abandoned homes in communities across New Mexico.

Otero Village, a 40-unit affordable property in Alamogordo, is available for sale. Property and financial details can be found in the attached offering memorandum.

The Board of Directors for the Housing New Mexico recently approved $7.3 million in New Mexico Housing Trust Fund (NMHTF) funding awards to help create and preserve affordable housing for more than 400 families across...

To expand homeownership opportunities for low-and-moderate-income New Mexicans, Housing New Mexico recently launched HomeForward, a competitive-rate mortgage and down payment assistance program for homebuyers.

The Board of Directors for the Housing New Mexico recently approved annual Energy$mart contracts for service providers to provide $10.5 million in energy efficiency upgrades and emergency repairs for low-income households.

The Board of Directors for the Housing New Mexico recently approved $2.2 million in New Mexico Housing Trust Fund (NMHTF) funding awards to help create and preserve affordable housing for more than 100 households across New Mexico.