New Mexico Stories and Impact

State Fact Sheet

Note: the jobs totals in this fact sheet are through 2015 and they include a combination of direct, indirect, and induced FTE jobs and construction jobs. The “total investment” number refers to the total project investment (not NMTC allocation) in the state through the second quarter of 2020.

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 Tweet This

Community Testimonials​

New Mexico NMTC Videos

New Mexico NMTC Stories

2020
Acquisition of steam generation equipment to expand the McKinley Paper, Prewitt facility’s manufacturing capacity by 25%. • McKinley Paper Company is owned by Mexican…
2020
This is the last phase of a $70 million phased in project to redo the entire water and waste water system on the reservation….
2009
Financing for the construction of two electrical substations on the Navajo Nation Reservation…
2017

Santa Fe, NM 

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…
2018

Roswell, NM 

Financing for the construction of a new Albertsons Market at 808 N….
2018

Las Vegas, NM 

Borrower is to rehabilitate the Plaza Hotel and rehab and re-open the La Castaneda Hotel….
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…
2018
Financing for Continental Divide Electric, serving 24,088 consumers living in Bernalillo, Cibola, McKinley, Sandoval and Valencia counties….
2018
NMTC financing was used to construct an Albertsons grocery store….
2010

Albuquerque, NM 

Former hospital turned into a landmark status hotel, the Parq Hotel….
2018

Albuquerque, NM 

NMTCs Help Families Get Energy-Efficient Homes in Santa Fe, N.M….
2013

Albuquerque, NM 

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…