NM Affordable Housing Tax Credit (LIHTC), Tenant Benefit

Housing New Mexico (NM MFA)

Available Home Repair

About This Program

NM Affordable Housing Tax Credit (LIHTC), Tenant Benefit is available to renters in Albuquerque, NM.

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.

Official source site checked live on 2026-06-22.

Data last verified 2026-04-03. How we verify our data.

In Albuquerque, NM, you can combine this program with other local help to cut your cost:

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

Get free help applying Visit Official Program Page Track this program

505-843-6880

A grant-savvy contractor in Albuquerque, NM can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Albuquerque early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

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).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Varies by property

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Frequently asked questions

Who qualifies for NM Affordable Housing Tax Credit (LIHTC), Tenant Benefit in Albuquerque?

NM Affordable Housing Tax Credit (LIHTC), Tenant Benefit is open to renters in Albuquerque, NM. It serves seniors.

How do I apply for NM Affordable Housing Tax Credit (LIHTC), Tenant Benefit in Albuquerque, NM?

Apply directly with Housing New Mexico (NM MFA) using the official program link on this page or call 505-843-6880. There is no middleman and no fee.

Need a Contractor for This Grant?

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