HOUSING NEW MEXICO FUNDING IMPACTS 18,000 FAMILIES AND HOMES $740 Million in Housing Support Provided in Fiscal Year 2025 By Kristie Garcia, Director of Communications & Marketing, Housing New Mexico Whether it was a person finding refuge at a homeless shelter, an elderly person’s home being rehabilitated, a family renting an affordable apartment or a person becoming a homeowner for the first time, Housing New Mexico impacted nearly 18,000 families and homes through the $740 million in funding the organization provided during its 2025 fiscal year. “As we celebrated our 50th anniversary last year, we also celebrated all the people in New Mexico who have benefited from our affordable housing-related programs, not only in 2025 but since Housing New Mexico’s inception in 1975,” said Housing New Mexico Executive Director and CEO Isidoro Hernandez. “There is still much work to accomplish to help New Mexicans, and along with our nearly 400 partners, we will continue to deliver programs and services needed to provide housing opportunities.” Fiscal year 2025 production highlights include: • $81.6 million provided to produce 1,518 homes • $16.8 million provided to preserve 739 homes Albuquerque resident Melanie Roberts became a homeowner thanks to one of Housing New Mexico’s mortgage programs. In fiscal year 2025, Housing New Mexico provided $583 million in first mortgage and down payment assistance to 2,287 families. (Photo courtesy Melanie Roberts) • $583.2 million provided in first mortgage and down payment assistance to 2,287 families • $58.2 million provided for housing stability to 13,152 people and families • $739.8 million in total funding for affordable housing, impacting 17,696 families and homes Between creating more housing, preserving existing affordable housing, creating stable housing environments and providing opportunities for homeownership and wealth building, Housing New Mexico served people in 32 of 33 counties across the housing continuum during its most recent fiscal year, which began October 1, 2024, and ended September 30, 2025. Housing New Mexico partnered with about 250 participating mortgage lenders to provide $555.2 million in first mortgage financing to 2,287 families and $28 million in down payment assistance, totaling 3,311 loans. In its 50-year history, Housing New Mexico has helped 72,668 families become homeowners through its first mortgage and down payment assistance programs. David and Valerie Ramirez in Belen achieved their dream of homeownership 14
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