Afordable Housing Trust Fund
See Bid/RFP documents for additional submission details.
Through the Application, the Affordable Housing Project proposed by the Applicant and for which the Applicant is applying for funds or a grant under the NM Affordable Housing Act will be described. This will include the type and/or amount of assistance which the Applicant proposes to provide to Persons of Low or Moderate Income (earning less than 120% of the area median income – AMI). The application must clearly evidence the need for the subsidy and/or how the value of the housing assistance grant reduces the housing costs to persons of low or moderate income, and that there is or will be a direct benefit from the project proposed by the Applicant to the community and/or to the purported beneficiaries of the project, consistent with the provisions of the Act.