NM Department of Veterans Services / County Assessor
As of 2025, New Mexico increased the universal veteran property tax exemption from $4,000 to $10,000 in taxable property value, adjusted for inflation in subsequent years. Any veteran with an honorable discharge who is a New Mexico resident qualifies, no disability rating required. Obtain a Certificate of Eligibility from the NM Department of Veterans Services.
A $10,000 reduction in taxable value saves approximately $200-$400 per year depending on local mill rate.
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:
A grant-savvy contractor in Albuquerque, NM can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
Documents you will likely need
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: Apply through NM Department of Veterans Services; March 31 county deadline
Ask us. It is free, and a real person answers within a business day.
Email us about this programGrant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
Rebates and discounts that stack on top of any grant. Most are free to use.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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