Opportunity Enterprise – Housing Development Program
Created by HB195 in 2024, the Opportunity Enterprise Housing Development Revolving Fund provides flexible, low-interest loans for the construction of workforce housing and for infrastructure for affordable housing, including homes for sale and rental units. Offered by New Mexico Finance Authority; awards $15.0M; applications due January 7, 2027.
Key Facts
- Funder
- New Mexico Finance Authority
- Award amount
- $15.0M
- Deadline
- January 7, 2027
- Geography
- New Mexico
- Status
- Open
About This Grant
Created by HB195 in 2024, the Opportunity Enterprise Housing Development Revolving Fund provides flexible, low-interest loans for the construction of workforce housing and for infrastructure for affordable housing, including homes for sale and rental units. It is governed by the Opportunity Enterprise and Housing Development Review Board and administered by NMFA. Award: Up to $15,000,000 (NMFA's DFA Grant Search entry) Eligibility: For-profit and nonprofit developers of workforce housing or...
Full requirements and application instructions: official listing.
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