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 is available for review and download (both a clean version and a redline comparison version to the 2022 QAP) from the MFA website at https://housingnm.org/developers/lihtc/
current-and-prior-tax-credit-rounds The 21-day public comment period began on August 16, 2022 and has been extended through 5 p.m. on September 16, 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:
Attn: Jeanne Redondo
344 Fourth St., SW
Albuquerque, NM 87102
Comments may also be made verbally at an in-person public hearing to be held:
Friday, September 16, 2022
10:30 am to 12:00 pm
800 Rio Grande Boulevard
Albuquerque, NM 87104
Persons who wish to attend the public hearing virtually may register for free by visiting:
If you would like additional information, please contact Jeanne Redondo at [email protected] or 505.767-2210.
Observer: September 11,