NM Affordable Housing Tax Credit (LIHTC), Tenant Benefit
Housing New Mexico (NM MFA)
About This Program
The Grant Map catalogs NM Affordable Housing Tax Credit (LIHTC), Tenant Benefit in its Albuquerque, NM research directory. The record carries audience tags for renters; those tags do not establish eligibility or current service coverage.
While not a direct repair grant, the Low Income Housing Tax Credit (LIHTC) program funds construction and rehabilitation of affordable rental properties managed to HUD quality standards. Tenants in LIHTC properties benefit from habitability maintenance requirements. Housing New Mexico allocates tax credits to developers; renters apply directly to participating properties.
Indirect benefit, reduced rent (typically 30% of income) in rehabilitated properties maintained to HUD standards.
The cited general URL responded on 2026-07-21; it does not confirm this program or amount.
Record set last reviewed 2026-04-03. How we verify our data.
Other published resources for Albuquerque, NM, are listed below. Review each separately and ask the administrators whether they can coordinate funding for the same work:
- City of Albuquerque CDBG Housing Rehabilitation Up to $50,000
- Bernalillo County Housing Rehabilitation Program Up to $40,000
- NM Energy$mart Weatherization Assistance Program Up to ~$10,000 in weatherization measures
- New Mexico HEAR Home Electrification & Appliance Rebate Up to $14,000
Key Details
- For renters, not homeowners
- Income at or below 50-60% AMI required for most units
- Landlords required to maintain properties to HUD habitability standards
- Apply directly to LIHTC-funded properties in Albuquerque
- Housing NM maintains list of participating properties: 505-843-6880
How to Apply
Some programs require contractor estimates, licenses, or inspections. A cited link may be general, so confirm the current rules with the administrator before hiring; a directory match does not guarantee contractor eligibility or funding.
You may need a contractor or estimate
Some programs for this project type ask for a license, inspection, or written estimate. Confirm the rule before contacting a contractor in Albuquerque.
Get matched with a contractorEach administrator sets its contractor rules. Confirm exact requirements directly; the cited URL may be a general agency page.
Your application paperwork
Documents you will likely need
- Your federal tax return for the year of the work (this benefit is claimed on your taxes, not through a separate application).
- Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
- A government-issued photo ID for every owner on title.
- Documentation of disability (award letter or a physician's statement) if the program is disability-based.
- A written estimate from a licensed contractor for the work (many programs require this to apply).
- The program's own application form, completed (use the official link or phone number on this page).
Requirements vary by program and locality. Confirm the exact rules and application route with the administrator. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Varies by property
Questions about this program?
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Frequently asked questions
What audience tags are recorded for NM Affordable Housing Tax Credit (LIHTC), Tenant Benefit in Albuquerque?
The directory record carries audience tags for renters. It carries a senior-related tag. These tags do not establish eligibility; confirm the complete current rules with the administrator.
How do I apply for NM Affordable Housing Tax Credit (LIHTC), Tenant Benefit in Albuquerque, NM?
Confirm the application route directly with Housing New Mexico (NM MFA); use the cited source on this page as a starting point or call 505-843-6880. Confirm any fee or cost with the administrator.
Need a Contractor for This Project?
Browse local listings or request an introduction. The Grant Map does not guarantee licensing, program experience, work quality, or funding.
More ways to save on this project
Rebates and discounts that may reduce project cost. Confirm eligibility and coordination rules before including one in your budget.
Find More Programs in Albuquerque, NM
This is one of several kinds of assistance that may be available. Review other programs separately and confirm whether their administrators allow coordination for the same work.
See All Programs