New Mexico Data and Stories

State Fact Sheet

Map of Selected Projects in New Mexico

Community Testimonials

The NMTC has been an essential resource for helping Homewise build for-sale homes that are affordable to low and moderate income New Mexicans.

-Lisa Huval, Homewise, Inc.

Selected Projects in New Mexico

Santo Domingo Health Center – Kewa Pueblo

Santo Domingo Pueblo,
NM
(2020)

FQHCs

CDE(s): Dakotas America

NMTC financing supported a medical clinic in Sandoval County, New Mexico, that offers holistic services to inspire and nurture well-being, one person at a time.

McKinley Paper – Prewitt

Prewitt,
NM
(2020)

Business Development, Manufacturing, Rural

CDE(s): Capital One, New Mexico Finance Authority

Acquisition of steam generation equipment to expand the McKinley Paper, Prewitt facility’s manufacturing capacity by 25%.

Barelas Regeneration Project

Barelas/Albuquerque,
NM
(2022)

Daycare and Early Childhood, Mixed-use

CDE(s): Enterprise Financial CDE

Mixed-use investment responds to resident needs in culturally responsive ways.

Independent Nation

Sunland Park,
NM

CDE(s): New Mexico Finance Authority

Sunland Park looks to increase tourism with new sports complex, entertainment district

La Castenda

Las Vegas,
NM
(2018)

Business Development, Rural

CDE(s): Clearinghouse CDFI

Borrower is to rehabilitate the Plaza Hotel and rehab and re-open the La Castaneda Hotel.

Marriott Spring Hill Hotel Urban Hospitality

Albuquerque,
NM
(2019)

Ronald McDonald House

CDE(s): New Mexico Finance Authority

The project, which is being developed by Albuquerque’s Titan Development and Maestas Development Group, is a nearly 93,000-square-foot, 118-room hotel on Central Avenue. It is also set to be the

Zia Energy Group

Albuquerque,
NM
(2021)

Solar

CDE(s): New Mexico Finance Authority

Affordable Solar is looking to purchase an existing 3.522-acre site which already contains a noteworthy building of nearly 30,000 sq. ft. at 3900 Singer Boulevard NE.

Laguna Wastewater Treatment System

Laguna,
NM
(2012)

Energy, Utility

CDE(s): Travois

The Pueblo of Laguna Utility Authority is an independent nonprofit entity, owned by the Pueblo of Laguna, which develops, manages and maintains utilities for the Pueblo of Laguna, the largest

Friedman Recycling

Albuquerque,
NM
(2013)

Business Development, Manufacturing, Solar, Waste Management

CDE(s): New Mexico Finance Authority

A $22.2 million project included the acquisition of 10 acres of land, construction and equipping a 70,000 sq. ft. state-of-the-art material recovery facility capable of processing more than 120,000 tons

Roses Southwest Papers Inc.

Albuquerque,
NM
(2021)

Historic Rehabilitation, Manufacturing, Solar

CDE(s): New Mexico Finance Authority, Stonehenge Community Development

Roses Southwest Papers Inc. is a high-quality paper products manufacturer located in Albuquerque, New Mexico. The investment will allow the family-owned and operated business to increase its manufacturing capacity and

Pueblo of Laguna Wastewater System Phases 1 and 2

Laguna,
NM
(2012)

Community, Manufacturing, Rural, Targeted Populations, Waste Management, Water Management

CDE(s): New Mexico Finance Authority

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, NM.

Vibrant Corporation

Albuquerque,
NM
(2024)

Manufacturing and Industrial

CDE(s): Advantage Capital

A major investment project is driving industrial growth and employment in Albuquerque, NM

Site visits and recent news related to New Mexico NMTC Projects

Novogradac 2023 Operating Business QLICI of the Year Award Recipient: Santa Cruz Community Health Centers Live Oak Health Clinic

January 1, 1970

Highlands Hotel Projects Breaks Ground Downtown

March 11, 2019

New Mexico’s Homewise gets multimillion-dollar allocation

June 12, 2017