542(c) FHA-Insured Multifamily (Risk Share) Loan Program
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Other requirements
- Detached houses
- Semi-detached houses
- Row houses
- Multifamily structures with no fewer than five units per site
Overview
Geographic Scope: New Mexico
Supports eligible single-asset mortgagors with substantial rehabilitation or refinancing activities.
Eligible Property Types:
- Detached houses
- Semi-detached houses
- Row houses
- Multifamily structures with no fewer than five units per site
Key Features:
- Risk Share loans are valuable in supporting small projects and developers
- Helps sustain aging LIHTC properties
- Provides FHA insurance protection
Focus Areas: Substantial rehabilitation and refinancing of affordable multifamily housing
Contact Information:
- Housing New Mexico
- 7425 Jefferson St NE
- Albuquerque, NM 87109
- Phone: 505-843-6880
- Toll-free: 1-800-444-6880
What New Mexico Affordable Housing Charitable Trust actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 4
- Total given
- $279K
- Median grant
- $57K
- Range
- $15K–$151K
- By dollars: New Mexico 100%. Top recipient cities: Deming, NM; Socorro, NM; Albuquerque, NM.
Example grants
Southwestern Regional Housing and Community Development Corporation · Deming, NM
Veteran's rehabilitation & modification pilot program
$151K
El Camino Real Housing Authority · Socorro, NM
Veteran's rehabilitation & modification pilot program
$88K
Partnership for Community Action · Albuquerque, NM
Veteran's rehabilitation & modification pilot program
$26K
Ohkay Owingeh Housing Authority · Ohkay Owingeh, NM
Veteran's rehabilitation & modification pilot program
$15K
Focus Areas & Funding Uses
Fields of Work
- Affordable housing
- Housing
Categories
Browse similar grants by category
Related Grants
Open grants from this funder and similar programs
New Mexico Housing Trust Fund (NMHTF)
New Mexico Affordable Housing Charitable Trust
Amount
Varies
Deadline
Deadline not published
New Mexico Preservation Loan Fund (NMPLF)
New Mexico Affordable Housing Charitable Trust
Amount
Varies
Deadline
Deadline not published
Resyndication Support
New Mexico Affordable Housing Charitable Trust
Amount
Varies
Deadline
Deadline not published
HOME Program
New Mexico Affordable Housing Charitable Trust
Amount
Varies
Deadline
Deadline not published
National Housing Trust Fund (NHTF)
New Mexico Affordable Housing Charitable Trust
Amount
Varies
Deadline
Deadline not published
Columbia Bank Foundation Housing Grant Program
Columbia Bank Foundation
Amount
US $5,000 - US $25,000
Deadline
January 15, 2027
Listed date — confirm with the funder
Ready to apply for 542(c) FHA-Insured Multifamily (Risk Share) Loan Program?
Grantable helps you assess fit, draft narratives, and track deadlines — so you can submit stronger applications, faster.
You found 542(c) FHA-Insured Multifamily (Risk Share) Loan Program. Now let's win it.