How much funding does Resyndication Support provide?

Funding amounts vary. Check the grant details for specifics.

When is the deadline for Resyndication Support?

This grant has a rolling deadline or the deadline has not been announced.

Resyndication Support

New Mexico Affordable Housing

Foundation Affordable Housing Grants Housing Grants for Nonprofits

Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

Foundation

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Other requirements

Existing LIHTC properties
May be resyndicated any time after year 15
Purpose: The resyndication process allows a property to enter a brand-new tax credit and compliance period by turning it into an acquisition/rehabilitation deal and selling it into a new partnership.

Overview

Geographic Scope: New Mexico

Support for existing LIHTC properties pursuing resyndication strategies.

Eligibility:

Existing LIHTC properties
May be resyndicated any time after year 15

Purpose: The resyndication process allows a property to enter a brand-new tax credit and compliance period by turning it into an acquisition/rehabilitation deal and selling it into a new partnership.

Key Benefits:

Provides a source of new equity
Immensely popular among owners of properties that have passed the end of the Initial Compliance Period
Supports properties in need of new financing

Available Funding Sources:

New Mexico Preservation Loan Fund: Predevelopment funding for existing LIHTC properties pursuing resyndication
New Mexico Housing Trust Fund: Low-interest loans that can pair with resyndication tax credits

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 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