Single-family Development Programs

Single-family Programs and Brief descriptions:

New Mexico Energy$avers Program
Below-market interest rate loans for energy efficiency improvements, including alternative energy upgrades, to new housing development projects and to projects involving the acquisition and rehabilitation of existing rental and for-sale housing throughout the state.

Housing Trust Fund
Single Family For-Sale Housing Development/Workforce For-Sale Housing Development/Special Needs For-Sale Housing Development/Owner-Occupied Rehabilitation Forms.

Primero Loan Fund
Short term, loans to help finance the development of affordable rental or special needs facilities throughout the state.

BUILD IT! Loan Guaranty Program
Guaranty of conventional bank interim loans for non-profit, public or tribal agency sponsored projects with set asides and local government commitments.

HOME/Single Family Development
Federal HOME Investment Partnership funds used to fund construction loans and/or permanent junior loans for owner occupied housing.

Native American Housing Initiatives
Custom designed to provide technical assistance and financing to promote the development of affordable owner occupied, rental or special needs housing on Native American Trust Lands.

Land Title Trust Fund
This Act creates the Land Title Trust Fund (the “Fund”). The Act provides that certain title company escrow funds may be placed in interest-earning accounts; the interest earned is to be remitted to the Fund . The Fund will be used to finance loans or grants that will provide housing for low-income persons (household income not more than 80% of median), and other uses.