To preserve affordable housing in the state, Housing New Mexico has funding available through its New Mexico Preservation Loan Fund, which is a flexible funding source for multifamily properties at risk of exiting the affordable housing stock. The Las Brisas Apartments property in Albuquerque was recently preserved through the New Mexico Preservation Loan Fund. Rehabilitation efforts inside the units included replacing outdated appliances, upgrading finishes and enhancing overall livability. Photo courtesy/Housing New Mexico
STATE News:
ALBUQUERQUE — To preserve affordable housing in the state, Housing New Mexico has funding available through its New Mexico Preservation Loan Fund, which is a flexible funding source for multifamily properties at risk of exiting the affordable housing stock…