New Mexico Fact Sheets, Stories, and Impact

Fact Sheet

Community Testimonials

We use NMTC to create opportunities for affordable homeownership. Our homeowners help reinvigorate the distressed neighborhoods

Emilee Powell, Manager of Impact Measurement and Financial Stability, Homewise, Santa Fe, NM

New Mexico Supporters of the NMTC Extension Act

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New Mexico Project Profiles

Continental Divide Electric Cooperative, Inc.

Continental Divide Electric Cooperative, Inc.
Project City:
Grants,
Project State:
NM
Project Year:
(2018)
Continental Divide Electric serves 24,088 consumers living in Bernalillo, Cibola, McKinley, Sandoval and Valencia counties. The company owns 3,998 miles of distribution line …
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La Castenda

La Castenda
Project City:
Las Vegas,
Project State:
NM
Project Year:
(2018)
Borrower is to rehabilitate the Plaza Hotel and rehab and re-open the La Castaneda Hotel. Once complete, the borrower will manage (or cause to have managed) the Hotels in a …
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Leprino Foods Company

Leprino Foods Company
Project City:
Roswell,
Project State:
NM
Project Year:
(2018)
Albtertsons – United Supermarkets, LLC: Business, government and civic leaders helped break ground Monday for a new Albertsons Market at 808 N. Canal in Carlsbad. The new construction will replace …
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United Supermarkets – Albertsons

United Supermarkets - Albertsons
Project City:
Carlsbad,
Project State:
NM
Project Year:
(2018)
NMTC financing was used to construct an Albertsons grocery store. This location will include space for a health clinic and pharmacy in a medically underserved area …
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Homewise Albuquerque

Homewise Albuquerque
Project City:
Albuquerque,
Project State:
NM
Project Year:
(2018)
There are two big winners in a new markets tax credit (NMTC) equity-financed development in Santa Fe, N.M.: the families who bought affordable, energy-efficient homes and the rest of the …
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Homewise 1: El Camino Crossing

Homewise 1: El Camino Crossing
Project City:
Santa Fe,
Project State:
NM
Project Year:
(2017)
New Mexico’s Homewise Inc. received funding to invest in one of Santa Fe’s distressed areas. The New Markets Tax Credit allocated $5 million to rehabilitated the Siler Road and Agua …
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Continental Divide Electric Cooperative Broadband Project

Continental Divide Electric Cooperative Broadband Project
Project City:
Grants,
Project State:
NM
Project Year:
(2017)
Currently, residents and owners of approximately 24,000 homes and business in Grants and the surrounding area have no broadband internet option and rely on satellite internet, the speed of which …
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Friedman Recycling

Friedman Recycling
Project City:
Albuquerque,
Project State:
NM
Project Year:
(2013)
In 2011, the City of Albuquerque’s recycling program was limited by the capacity of the antiquated processing plant that recycled only 5-6% of the city’s waste and was being overwhelmed …
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Pueblo of Laguna Wastewater System

Pueblo of Laguna Wastewater System
Project City:
Laguna,
Project State:
NM
Project Year:
(2012)
NMTC financing helped Pueblo of Laguna Utility Authority complete the rehabilitation of the water and wastewater system throughout the tribal lands of Pueblo of Laguna, N.M. The previous water system, …
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Parq Hotel

Parq Hotel
Project City:
Albuquerque,
Project State:
NM
Project Year:
(2010)
Former hospital turned into a landmark status hotel, the Parq Hotel …
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Navajo Tribal Utility Authority Electrical Substations

Navajo Tribal Utility Authority Electrical Substations
Project City:
Shiprock,
Project State:
NM
Project Year:
(2009)
Working with U.S. Bancorp Community Development Corporation (USBCDC) as the investor and The Navajo Tribal Utility Authority (NTUA) as leverage lender, Travois New Markets used $6.4 million in allocation to …
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Washington, DC 20005
202-393-5225

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