New Markets Tax Credit Coalition

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Homewise Albuquerque

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

Investment

  • NMTC Amount: $5,000,000
  • Total Project Cost: $5,000,000

IMPACT

  • 33 FTE jobs
  • 2 construction jobs

Investor

Project Description

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 neighborhood.

MAP

Address: 500 2nd St SW, Albuquerque, NM 87507

Census Tract: 35049001106

Other New Mexico Projects

NMTC financing was used to construct an Albertsons grocery store.
Former hospital turned into a landmark status hotel, the Parq Hotel.
A major investment project is driving industrial growth and employment in Albuquerque, NM

Vibrant Corporation (“Vibrant”) is an Albuquerque, NM based company commercializing Process Compensated Resonance Testing (“PCRT”) technology: a method of non-destructive testing that uses vibrations to test the integrity of objects.