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Searched for affordable housing. Total results: 111.
Governor Proclaims May “Affordable Housing Month”
Housing New Mexico presents awards to 14 affordable housing leaders at 2025 New Mexico Housing Summit
Housing NM celebrates groundbreaking ceremonies for Housing NM-funded multifamily developments, fueling the growth of affordable housing in the state
Housing NM Awards $53 Million for Affordable Workforce Housing Construction and Rehabilitation Across New Mexico
Housing New Mexico launches Zero Interest Homebuilder Program to help address affordable housing shortage in the state
Housing NM unveils its 2023 Top Metro and Rural Mortgage Lenders who are fueling affordable housing
Archived Meeting Minutes
|9-22-21 Webinar Intro to Affordable Housing Agenda
Housing New Mexico 2022 Annual Report Highlights Impact of Collaboration in Addressing Housing Crisis
Housing New Mexico-Funded Affordable Housing Development Breaks Ground in Laguna, NM
RTC Properties
Forms ||596|597|598|599|600|601|602|603|604| Affordable Housing Program Manual Affordable Housing Program Manual || Rent and Income Limits 1739||1550|
Housing New Mexico Board Approves $9.7 million in Funding for Affordable Housing Developments in Lordsburg and Albuquerque
Housing New Mexico Awards $7.3 Million in Funding to Help Create and Preserve Affordable Housing throughout New Mexico
Housing NM Allocates $88 Million in Low Income Housing Tax Credits To Fuel Affordable Housing Developments in New Mexico
Housing NM’s Restoring Our Communities Program helps to restore vacant houses and provide affordable housing opportunities
Housing New Mexico Awards $2.2 Million in Funding to Help Create and Preserve Affordable Housing throughout New Mexico
Addressing New Mexico’s Affordable Housing Crisis: Housing NM’s State Tax Credit Program Offers Hope and Incentives
Housing New Mexico launches Rehab-2-Rental landlord program to increase affordable housing in the state
Passage of Senate Bill 134 Set to Help Housing New Mexico Address Growing Affordable Housing Needs
Housing New Mexico Announces More Than $6 Million in Tax Credit Funding for Rental Housing Projects
Affordable Housing Act
…State Legislature created the Affordable Housing Act (2004)- or the Act- as an exception to the anti-donation clause in the New Mexico Constitution to allow local governments and other political subdivisions to put resources towards affordable housing acquisition, development, financing, maintenance and operation. Essentially the Act permits public-private partnerships for…
Funding available to preserve multifamily properties through Housing New Mexico’s preservation loan fund
Housing NM Newsletter - July 2023
Notice of Public Comment on Amendment to Affordable Housing Act
…through June 27, 2023 Housing New Mexico is announcing a public comment period for a proposed Amendment to the Housing NM Affordable Housing Act Rules. To access a copy of the proposed Amendment, please click the link below. Comments can be sent to jcarmona@housingnm.org and must be received by Housing…
Housing New Mexico celebrates Vista de Socorro Apartments Grand Opening Ceremony in Socorro Thursday
Supportive Housing Coalition of New Mexico and Thomas Development Co. break ground on La Serena Apartments, a new affordable senior living community in Albuquerque
Housing New Mexico celebrates Calle Cuarta Apartments ribbon-cutting ceremony in Albuquerque Tuesday
Housing New Mexico celebrates Elk Meadows Apartments Groundbreaking Ceremony in Ruidoso Friday
Housing New Mexico celebrates groundbreaking of Sandoval Flats in Rio Rancho
Housing NM Supports New Construction of 61 Affordable Units for Families in Albuquerque
Housing NM Supports Preservation and Rehabilitation of 188 Affordable Units for Seniors
Housing New Mexico celebrates Somos Apartments Groundbreaking Ceremony in Albuquerque Wednesday
El Toro Community in Roswell receives single-family development funding from Housing NM, providing more affordable housing for New Mexicans
Housing New Mexico celebrates The Three Sisters Apartments Ribbon-Cutting Ceremony in Las Cruces Tuesday
Housing New Mexico celebrates Pedrena Apartments ribbon-cutting ceremony in Las Cruces Tuesday
Housing NM Board of Directors approves $3.3 million for La Serena Apartments from New Mexico Housing Trust Fund and other funding sources
Housing New Mexico’s Board of Directors approves over $2.4 million in funding to fire-affected Village of Angel Fire for rental housing development
Overview of the Affordable Housing Act
What is the Affordable Housing Act (AHA)? The New Mexico State Legislature passed the Affordable Housing Act in 2004 (and amended it in 2015) as an exception to the anti-donation clause in the New Mexico Constitution to allow local governments- and other political subdivisions- to put resources towards affordable housing…
MFA History
In the late 1990s, Housing New Mexico began a period of significant growth, which lead to a massive remodel of the building in 2000. Basically, a whole new two-story building was constructed to the south into the existing parking lot and to the east into PNM’s pumping station that Housing…
Housing NM’s Homeownership Programs provide millions of dollars in funding to help New Mexicans purchase affordable homes
New Mexico Housing Needs Assessment
Resources and Contact
…by the Public and Affordable Housing and Research Corporation and the National Low Income Housing Coalition National Council of State Housing Agencies (NCSHA): Preservation National Housing Law Project: Resources – LIHTC Preservation and Compliance National Housing Law Project: Resources – Saving Rural Rental Homes National Housing Preservation Database (NHPD) National…
Support affordable housing and receive a state tax credit for half of the donation through the New Mexico State Tax Credit Program
MFA History
In 1997, then Housing New Mexico Executive Director Jim Stretz and the board of directors saw an opportunity for Housing New Mexico to expand its scope of work by increasing the amount of federal funding coming into the organization. Stretz worked with Sen. Joseph Fidel of Grants and Sen. Ben…
Affordable Housing Plans and Ordinances
…government may make an affordable housing donation, it must have a Housing New Mexico-approved Affordable Housing Plan and Ordinance. Affordable Housing Plans may be included within an entity’s comprehensive plan or be stand-alone documents. Multiple entities, both county and municipality, may develop a joint plan so long as data and…
NM Affordable Futures
What is NM Affordable Futures? NM Affordable Futures, spearheaded by Housing New Mexico, is the state of New Mexico’s official, coordinated housing affordability preservation program. Through NM Affordable Futures, Housing New Mexico aims to protect affordable housing units within the state of New Mexico, thereby working to ensure all New…
Housing New Mexico celebrates Cresta Ranch Apartments Groundbreaking Ceremony in Santa Fe Thursday
Governor Signs Legislation to Provide Millions in Funding to Address Affordable Housing Crisis in New Mexico
MFA History
…refinancing of one-third of Housing New Mexico’s bonds in 1992 generated a $12 million refund to Housing New Mexico. Approximately $2.2 million of the bond refunding was used to give rebates to 387 homeowners with Housing New Mexico loans. The homeowners came from 20 counties and received individual rebate checks…
New Mexico Mortgage Finance Authority Board of Directors approves $2.8 million for Encino Gardens from New Mexico Housing Trust Fund and HOME funding
West Berry Senior Apartments Break Ground
Legislative Tracking & Priorities
…Throughout the legislative session, Housing New Mexico tracks housing-related legislation and monitors the bill from introduction, through committee hearings, to floor votes, and enactment or veto. View housing legislation currently being tracked. Housing New Mexico also sends email alerts of housing legislation hearing. If you’d like to receive these email…
MFA History
From its shaky beginning, Housing New Mexico has grown into a thriving organization that provides quality affordable housing for more than 18,000 New Mexico households throughout New Mexico every year. The last three years have been record-breaking in terms of new homebuyers and assets under management. In 2021, Housing New…
Bond Investors
Thank you, bond investors, for helping us make affordable housing a reality. On this page you can access official statements, disclosure data, financial statement audits and other useful information.
Housing Innovation Program
…organizations, for-profit organizations, governmental housing agencies or authorities, regional housing authorities, governmental entities, governmental instrumentalities, tribal governments, tribal housing agencies, developers, builders, corporations, limited liability companies, partnerships, joint ventures, syndicates, associations, or other entities that can assume contractual liability and legal responsibility by executing one or more written agreements entered…
Affordable Housing Act Oversight and Monitoring
…they make under the Act. How the Process Works Housing New Mexico \| MFA sends out a one-page form to be completed in the Fall of every year asking governmental entities to report their donations under the Act during the federal fiscal year. AH Donation Reporting Form
Ventana Fund
…early stage financing for affordable housing in New Mexico’s underserved communities. Ventana Fund is a Certified Development Financial Institution (CDFI) established in 2014 to meet the critical need for an increased supply of early stage financing for affordable housing construction and rehabilitation projects in New Mexico. It is a 501(c)(3)…
Housing New Mexico celebrates Felician Villa I and Felician Villa II Grand Opening Ceremony in Rio Rancho Tuesday
About Us
…Mexicans will have quality affordable housing opportunities. |||Our Mission|Housing New Mexico is New Mexico’s leader in affordable housing. We provide innovative products, education and services to strengthen families and communities. |||Our Core Values|Responsive: To meet New Mexico’s needs, Housing New Mexico optimizes resources, cultivates partnerships and makes our programs accessible.…
Affordable Apartment Project Planned Along Central Avenue Near Nob Hill
Find Housing and Assistance
…home or for specialized housing? Choose from the options below to find an affordable apartment community that will meet your needs. If you are in need of emergency housing or homelessness assistance, search the options below to find someone in your area who can help. For immediate assistance, contact the…
The New Mexico Housing Strategy
The Housing Strategy leads the state, New Mexico local governments, and private and nonprofit partners toward the highest impact actions to address challenges in: Producing housing across the income continuum; Preserving and improving existing affordable housing, both privately and publicly owned, and redeveloping underutilized and vacant properties to increase supply…
Apply for State Tax Credits for Your Development
Affordable housing developers may apply to MFA for state tax credit allocations, which they then award to individuals and businesses who donate to their affordable housing projects. Eligible applicants include nonprofit or for-profit developers as well as governmental and tribal instrumentalities that plan to solicit donations for the development of…
Restoring Our Communities
Resources: ROC Notice of Funding Availability ||2908|3260|3259|2226|2914|2912|2909| Questions? Please contact: Ethan Howe Program Manager ehowe@housingnm.org Phone (505) 767-2244
MFA History
…the nation were establishing housing agencies in order to take advantage of federal tax-exempt bonding authority for affordable housing. Discussions about establishing an agency in New Mexico began in 1974 when a lawyer in New York, Robert Amdursky, helped create the first housing finance agencies in a handful of southern…
State Tax Credit
…donations to help build affordable housing in New Mexico. The credit is equal to up to 50 percent of the value of the donation. Donations may include land, buildings, money or services. Donations may be made directly to an affordable housing development that has been approved by Housing New Mexico…
Calendar
September – Affordable Housing Development Financing Session Level: Intermediate The Affordable Housing Development Financing cannot offer a thorough overview and instead invites individuals with expertise in affordable housing development to review an aspect of their most recent project. In addition, partners and allies are invited to provide information on accessing…
Donate Directly to Affordable Housing Developments and Receive State Tax Credits
Affordable Housing Donations State tax credits are available to individuals and businesses that provide donations to help build affordable housing in New Mexico. The credit is equal to up to 50 percent of the value of the donation. Donations may include land, buildings, money, or services. Donations may be made…
Handbooks and Guides
…Requirements of Subsidized Multifamily Housing Programs HUD 4065.1, Previous Participation (HUD-2530) Handbook HUD 4370.1, Reviewing Annual and Monthly Financial Reports HUD 4370.2, Financial Operations and Accounting Procedures for Insured HUD 4381.5, The Management Agent Handbook HSF-06-01 Special Claims Processing Guide Tenant Rental Assistance Certification System 〈TRACS〉 202D MAT Guide Section…
Data Sources and Links to Housing Research
…survey Bipartisan Policy Center Housing Commission http://bipartisanpolicy.org/topics/housing The Bipartisan Policy Center (BPC) is the only Washington, DC-based think tank that actively promotes bipartisanship. Working to address the key challenges facing the nation, BPC’s policy solutions are the product of informed deliberations by former elected and appointed officials, business and labor…
New Mexico Preservation Loan Fund
Purpose Housing New Mexico’s New Mexico Preservation Loan Fund (NMPLF), is a flexible funding source for multifamily properties at-risk of exiting the affordable housing stock, providing opportunities for the preservation of affordable housing in the state of New Mexico. The NMPLF is available to owners, developers, and other partners seeking…
MFA History
…battle to create a housing finance authority had just begun. The State’s Attorney General at the time launched an all-out effort to stop the bonding process, which was crucial to Housing New Mexico’s mission to provide affordable mortgage loans to low-income New Mexicans. There was also wrangling over if Housing…
Development 101
…the basics of the affordable housing development process including deal structuring, managing timelines and putting together a development team. Finance training materials utilize case studies and hands-on exercises. Also included in the trainings are MFA rental and homeownership development funding programs as well as Low Income Housing Tax Credit and…
Bond Financing for Multifamily Rental Development
…requesting 4% Low Income Housing Tax Credit (LIHTC) or not, tax-exempt bond financing can be a desirable way to fund your affordable rental housing project. Housing New Mexico \| MFA will act as the governmental authority for issuing conduit*, exempt-facility bonds. While Housing New Mexico \| MFA does have the…
Zero Interest Homebuilder Program
…the current shortage of affordable and practical housing accessible to low- and moderate-income homebuyers within the State of New Mexico. By offering interest-free construction financing via the New Mexico Housing Trust Fund, the program is intended to promote the development and sale of entry-level and economical homes priced as such…
RFP To Provide External Audit Services
Introduction Housing New Mexico is a governmental instrumentality, separate and apart from the state, created by the Mortgage Finance Authority Act, N.M. Stat. Ann. Sections 58-18-1, et seq. (1978) for the purpose of financing affordable housing for low- and moderate-income New Mexico residents. Purpose The purpose of this Request for…
Property Owners, Agents and Managers
Housing New Mexico is grateful for the many affordable property owners, agents and managers that we work with on a daily basis. Together we provide stable, quality rental homes for thousands of New Mexicans. Our staff is available to help you with any questions that as you navigate affordable compliance…
Affordable Rental Properties
…rental properties are called “affordable” when residents are required to meet certain income criteria in order to live at the property and when rental rates are set at or below the average rate for similar properties in the area. Income criteria and rental rate guidelines are updated each year by…
General Loans, Grants and Funding Opportunities
…affordability in aging properties. Housing New Mexico’s preservation team is eager to help owners find the path that best suits them toward maintaining their property and its continued affordability in this period of transition. If you have any questions about this program, please contact us. Housing New Mexico’s New Mexico…
National Housing Trust Fund
Purpose The National Housing Trust Fund (NHTF) program complements existing federal, state, and local efforts to increase and preserve the supply of decent, safe, and sanitary affordable housing for households whose incomes do not exceed the greater of 30% Area Median Income (AMI) or the federal poverty line (collectively defined…
New Mexico Housing Trust Fund
…Provide flexible funding for housing initiatives that will provide affordable housing primarily for persons or households of low or moderate income. Eligible Borrowers Nonprofit organizations, for-profit organizations, governmental housing agencies, regional housing authorities, governmental entities, governmental instrumentalities, tribal governments, tribal housing agencies and other entities as outlined in the Notice…
NOTICE OF PUBLIC HEARING AND PUBLIC COMMENT PERIOD FOR THE DRAFT 2023 ANNUAL ACTION PLAN
Housing New Mexico and the Department of Finance and Administration, Local Government Division (DFA) are seeking public comment on the proposal of the 2023 Draft Annual Action Plan. The public comment period will begin on March 20, 2023, and end on April 20, 2023. A hybrid virtual and in-person public…
Primero Loan Program
…the financial needs of affordable housing initiatives that cannot be accommodated by existing sources of financing. It will develop sources and mechanisms that address multiple barriers to the creation and financing of affordable housing, including but not limited to secondary market limitations with respect to credit and collateral, high subsidy…
New Mexico Housing Trust Fund
…homes that will provide affordable housing primarily for persons or households of low or moderate income. Eligible Applicants Nonprofit organizations, for-profit organizations, governmental housing agencies, regional housing authorities, governmental entities, governmental instrumentalities, tribal governments, tribal housing agencies and other entities as outlined in the Notice of Funding Availability (NOFA). Eligible…
About the Coalition
…of the Navajo Nation. Affordable housing challenges on tribal lands are prevalent and distinct. Tribal communities contain a variety of housing types, from HUD housing to aging traditional homes built from native materials and techniques. However, many homes suffer from deteriorating infrastructure or lack basic infrastructure such as plumbing. More…
Financial Advisory Services - 2025-2026 RFP
Timeline RFP Issued – October 22, 2025 FAQ Opens – October 22, 2025 FAQ Closes – December 8, 2025 RFP Closes – December 22, 2025 Evaluation of Proposals – December 23, 2025 Requests for Interviews (if applicable) – January 15, 2026 Notice of Award – February 18, 2026 Attachments: RFP…
Developing Affordable Properties
Developing Affordable Properties
Primero Loan Fund
Housing NM/MFA Primero Loan Program is a flexible, low cost loan program created in 1993 with the overall purpose to create a funding source that meets the financial needs of affordable housing initiatives that cannot be accommodated by existing sources of financing. It will develop sources and mechanisms that address…
Developer Meeting Request Form
…all finance inquiries from affordable housing development organizations. Whether you are a newly formed organization and would like to schedule a meet and greet or are an experienced developer interested in MFA’s multifamily funding programs. Please fill out our form below to tell us about your organization and your project.…
NM Preservation Data
…profile at www.preservationdatabase.org NM Affordable Futures maintains a Preservation Database, comprised of all properties in Housing New Mexico's multifamily portfolio, organized by 5-year increments into a “Risk Timeline” accounting for affordability term end date, recent REAC scores and other indicators of risk. Additionally, it includes legal property characteristics such as…
Upcoming Trainings for Housing NM’s Freddie Mac Product
Upcoming Trainings for Housing NM’s Freddie Mac Product As previously announced, Housing NM will add the Freddie Mac HFA Advantage Mortgage to our product lineup with reservation dates effective October 1. This product provides an attractive option for qualified homebuyers. Housing NM will be offering two training webinars hosted by…
Interest Rate Adjustment Mortgage$aver Conventional Program
…In order to provide Housing NM borrowers with the most affordable financing options, Housing NM is decreasing the interest rate on the Mortgage$aver Conventional program, as follows: Current Interest Rate New Interest Rate Mortgage$aver – Gov’t 3.750% No change Mortgage$aver – Conv. 4.375% 4.250% Mortgage$aver Zero – Gov’t 4.250% No…
Interest Rate Adjustment Mortgage$aver Zero Conventional Program
…In order to provide Housing NM borrowers with the most affordable financing options, Housing NM is decreasing the interest rate on the Mortgage$aver Zero Conventional program, as follows: Current Interest Rate New Interest Rate Mortgage$aver – Gov’t 3.750% No change Mortgage$aver – Conv. 4.375% No change Mortgage$aver Zero – Gov’t…
Interest Rate Adjustment Mortgage$aver Plus Conventional Program
…In order to provide Housing NM borrowers with the most affordable financing options, Housing NM is decreasing the interest rate on the Mortgage$aver Plus Conventional program, as follows: Current Interest Rate New Interest Rate Mortgage$aver – Gov’t 3.750% No change Mortgage$aver – Conv. 4.375% No change Mortgage$aver Zero – Gov’t…
Interest Rate Adjustment Mortgage$aver Zero Government and HERO Programs
…In order to provide Housing NM borrowers with the most affordable financing options, Housing NM is decreasing the interest rate on the Mortgage$aver Zero Government and HERO programs, as follows: Current Interest Rate New Interest Rate Mortgage$aver – Gov’t 3.750% No change Mortgage$aver – Conv. 4.250% No change Mortgage$aver Zero…
Interest Rate Adjustment Mortgage$aver and HERO Programs
…In order to provide Housing NM borrowers with the most affordable financing options during the spring home buying season, Housing NM is decreasing the interest rates on the Mortgage$aver and HERO programs, as follows: Current Interest Rate New Interest Rate Mortgage$aver – Gov’t 3.875% 3.750% Mortgage$aver – Conv. 4.375% 4.250%…
Interest Rate Adjustment Mortgage$aver Zero and HERO Programs
…In order to provide Housing NM borrowers with the most affordable financing options during the spring home buying season, Housing NM is decreasing the interest rates on the Mortgage$aver Zero and HERO programs, as follows: Current Interest Rate New Interest Rate Mortgage$aver – Gov’t 3.750% No change Mortgage$aver – Conv.…
Resident Resources
…provide decent, safe and affordable housing for their residents. In order to do their job well, the information they receive from residents about repairs or other health and safety needs on property is valuable. Housing New Mexico supports the efforts of owners and managers. However, we realize there are times…
Release of HomeNow Replacement Funds
Dear Participating Lenders: Housing New Mexico | MFA is happy to announce the release of limited replacement funding for the HomeNow Program totaling $430,000. These replacement funds retain the same loan terms as the original HomeNow program. HomeNow loans are zero percent, non-amortizing loans in the amount of $7,000 with…
Request for Proposals To Provide Re-Roof Construction Services
…must be received by Housing NM at its office, located at 344 Fourth Street S.W., Albuquerque, NM 87102, by no later than Thursday, August 22, 2023, at 2:00 p.m., Mountain Time. Proposals shall be in sealed envelopes marked “Response to RFP to Provide Construction Services.” Bid Proposals are to be…
538 Guaranteed Rural Rental Housing Program
…increase the supply of affordable rental housing for low- and moderate-income individuals and families in eligible rural areas and towns. Eligible Borrowers Eligible borrowers include most state and local government entities, nonprofit organizations, for-profit organizations (including LLCs, and federally recognized Tribes, and individual U.S. Citizens or permanent legal residents). Eligible…