NOTICE OF PUBLIC
HEARING AND REQUEST FOR PUBLIC COMMENTS ON THE STATE OF NEW MEXICO LOW INCOME HOUSING TAX CREDIT QUALIFIED ALLOCATION PLAN EFFECTIVE FOR 2023

The New Mexico Mortgage Finance Authority (MFA), as the designated Housing Credit Agency for the state of New Mexico, is responsible for administering the Low Income Housing Tax Credit Program and allocating tax credits to eligible low-income housing projects. MFA will make allocations of tax credits pursuant to a Qualified Allocation Plan which: 1.) sets forth selection criteria to be used to determine housing priorities appropriate to local conditions; 2.) gives preference in allocating housing credit amounts among selected projects to: a.) projects serving the lowest income tenants; b.) projects obligated to serve qualified tenants for the longest periods; and 3.) provides a procedure that MFA will use in monitoring for noncompliance.

This notice is to advise that the draft Low Income Housing Tax Credit Qualified Allocation Plan effective for 2023 will be available for review and download (both a clean version and a redline comparison version to the 2022 QAP) on August 16, 2022, from the MFA website at https://housingnm.org/developers/lihtc/current
-and-prior-tax-credit-rounds The 21-day public comment period begins August 16, 2022 and continues through 5 p.m. on September 7, 2022.

Written comments on the Draft Qualified Allocation Plan may be delivered by e-mail, mail, courier service or by hand to MFA to the following address:

MFA
Attn: Jeanne Redondo
344 Fourth St., SW
Albuquerque, NM 87102
[email protected]

Comments may also be made verbally at the following
web-based public hearing:

August 31, 2022 from 2:30
to 4:00 p.m.

Register for free for the virtual hearing by visiting https://
housingnm.org/meetings-
events-notices

If you would like additional
information, please contact Jeanne Redondo at [email protected] or
505.767-2210.

Observer: August 21, 2022