ENG ESP

NOTICE OF PUBLIC HEARING AND REQUEST FOR PUBLIC COMMENTS ON THE STATE OF NEW MEXICO LOW INCOME HOUSING TAX CREDIT QUALIFIED ALLOCATION PLAN EFFECTIVE FOR 2024

The New Mexico Mortgage Finance Authority (MFA), as the designated Housing Credit Agency for the
state of New Mexico, is responsible for administering the Low Income Housing Tax Credit Program and
allocating tax credits to eligible low-income housing projects. MFA will make allocations of tax credits
pursuant to a Qualified Allocation Plan which: 1) sets forth selection criteria to be used to determine
housing priorities appropriate to local conditions; 2) gives preference in allocating housing credit
amounts among selected projects to: a) projects serving the lowest income tenants; b) projects
obligated to serve qualified tenants for the longest period; and 3) provides a procedure that MFA will
use in monitoring for noncompliance.


This notice is to advise that the draft Low Income Housing Tax Credit Qualified Allocation Plan effective
for 2024 (both a clean version and a redline comparison version to the 2023 QAP) will be available on
August 15, 2023 for review and download from the MFA website at
https://housingnm.org/developers/lihtc/current-and-prior-tax-credit-rounds. The 21-day public
comment period begins August 15, 2023 and continues through 5 p.m. on September 5, 2023.

Written comments on the Draft Qualified Allocation Plan may be delivered by e-mail, mail, courier
service or by hand to the following address:


MFA
Attn: Jeanne Redondo
344 Fourth St., SW
Albuquerque, NM 87102
jredondo@housingnm.org

Comments may also be made verbally at the following public hearing:

August 30, 2023 from 2:30 pm to 4:00 pm
Senator Nancy Rodriguez Board Room
344 Fourth St., SW
Albuquerque, NM 87102
Participants who wish to attend the public hearing virtually and persons seeking additional information
should contact Jeanne Redondo at jredondo@housingnm.org or 505.767.221

Webinar August 30, 2023 2:30PM to 4:00PM

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