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Housing NM Advances Housing Initiative and Expands Collaborative Efforts During Board Meeting in Taos, NM
July 10, 2023
On June 21, 2023, Housing NM staff and Board of Directors held the monthly board meeting at Kit Carson Electric Cooperative, Inc. in Taos, New Mexico. The meeting covered various housing-related topics, including...
Housing NM Allocates $88 Million in Low Income Housing Tax Credits To Fuel Affordable Housing Developments in New Mexico
July 10, 2023
The New Mexico Mortgage Finance Authority has awarded a total of $88,346,760 in 4% Low-Income Housing Tax Credits (LIHTC) in 2023 to support affordable housing projects. These tax credits will contribute to the development and preservation of four...
Housing NM Awards $1.3 Million to Create Housing Opportunities for New Mexicans Living with AIDS/HIV
June 27, 2023
On June 21, 2023, Housing NM Board of Directors approved $1,380,892 in awards for the Housing Opportunities for Persons with AIDS (HOPWA) program. HOPWA is a federal initiative dedicated to assisting low-income...
Housing NM Supports Preservation and Rehabilitation of 188 Affordable Units for Seniors
June 23, 2023
On June 16, 2023, Housing NM celebrated the grand opening of Casa de Sierra, a property in southeast Albuquerque. Thanks to the $10,017,170 in federal low-income housing tax credits (LIHTC) awarded by Housing NM in 2020...
Housing NM Supports New Construction of 61 Affordable Units for Families in Albuquerque
June 20, 2023
On June 6, 2023, Housing NM participated in the groundbreaking of Calle Cuarta, one of the latest Low-Income Housing Tax Credit (LIHTC) awarded projects. Housing NM awarded $13,110,053 through tax credits and funded ...
Housing NM Awards $2 Million for Acquisition and Rehabilitation of Recovery Housing Across New Mexico
June 13, 2023
The Housing NM Board of Directors recently approved two awards of $969,499 to Hozho Center for Personal Enhancement and $1,144,213 to Crossroads for Women for the Recovery Housing Program (RHP).
Housing NM Offers Below Market Interest Rate for New Mexicans Entering Housing Market
June 13, 2023
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.
Housing NM Awards $53 Million for Affordable Workforce Housing Construction and Rehabilitation Across New Mexico
June 13, 2023
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 Supports Village of Ruidoso in Creating Workforce Housing for Wildfire Victims
May 22, 2023
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 Receives $1.3 Million from NM Gas Co. for Home Energy Efficiency Improvements
May 15, 2023
Housing NM recently received an additional $1,300,000 in funding from New Mexico Gas Company for the New Mexico Energy$mart Weatherization Program.