New Mexico Mortgage Finance Authority
New Mexico Affordable Housing Tax Credit is available in Las Vegas, NM.
Down payment and closing cost assistance for first-time homebuyers in New Mexico. Provides up to $10,000 in forgivable assistance through MFA FirstHome program. Must complete homebuyer education course and purchase in eligible area.
Down payment assistance forgiven after 10 years of homeownership
Official program page checked live on 2026-06-22.
Data last verified 2026-06-09. How we verify our data.
In Las Vegas, NM, you can combine this program with other local help to cut your cost:
A grant-savvy contractor in Las Vegas, 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: Ongoing; subject to annual funding allocation
Ask us. It is free, and a real person answers within a business day.
Email us about this programUp to $10,000 for first-time buyers.
Apply directly with New Mexico Mortgage Finance Authority using the official program link on this page or call (505) 843-6880. There is no middleman and no fee.
Grant-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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