Primero Investment Fund Loan Program
Created in 1993, Housing New Mexico's Primero Investment Fund is a flexible, low-cost loan program for affordable housing initiatives that existing sources cannot finance, including high-subsidy, workforce and special-needs housing and development prerequisites such as infrastructure. Offered by New Mexico Mortgage Finance Authority; awards $3.0M.
Key Facts
- Funder
- New Mexico Mortgage Finance Authority
- Award amount
- $3.0M
- Deadline
- Rolling / not specified
- Geography
- New Mexico
- Status
- Open
About This Grant
Created in 1993, Housing New Mexico's Primero Investment Fund is a flexible, low-cost loan program for affordable housing initiatives that existing sources cannot finance, including high-subsidy, workforce and special-needs housing and development prerequisites such as infrastructure. It funds pre-development and development of rental, owner-occupied and special-needs projects of any size, through loans at or below market rate, guaranties and other mechanisms. Award: Maximum loan amount of $3...
Full requirements and application instructions: official listing.
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