Basis Radar

New Mexico

Lea County, NM

Affordable-housing capital events and public funding posture, from federal filings. 3 properties here have a capital event — a LIHTC year-15, an affordability expiration, a HAP contract expiration, or a published debt maturity — within 24 months.

Open Lea County in the app → property-level detail, contacts, filters, charts

Gap funding

GranteeFY26 allocationsLive posture
State Of New Mexico (state) CDBG $10.8M · HOME $5.1M HOME undrawn $20.6M CDBG undrawn $44.7M

Allocations are FY2026 HUD formula amounts (annual scale, not balances). "Undrawn" = obligated-not-yet-drawn on FY2020+ formula grants (USASpending, monthly), which may be committed to projects. Timeliness is a proxy for HUD's 24 CFR 570.902 standard (1.5× line); program income is not visible in public data.

Recently completed subsidized projects

ProjectAmountProgramGranteeCompleted
West Berry Senior Apartments $840,000 HOME New Mexico 2024-08-05
Skyview Terrace $600,000 HOME New Mexico 2022-01-26
Washington Place $500,000 HOME New Mexico 2016-08-24
Casa Hermosa $600,000 HOME New Mexico 2014-07-02
La Pradera $2.1M HOME New Mexico Mortgage Finance Authority 2012-07-03
Southview Place Apts $424,708 HOME New Mexico Mortgage Finance Authority 2012-06-28
905 East Glorietta Street $420,000 HOME New Mexico 2011-08-31
Southview Place Apts $363,000 HOME New Mexico 2011-04-05
Broadway Place $76,900 HOME New Mexico 2000-03-09
Sunrise Homes $151,900 HOME New Mexico 2000-03-09

Pipeline snapshot

3 properties with a live capital event within 24 months. Property-level detail — names, owners, contacts, trigger dates, subsidy stacks — is in the interactive application.

Sources: HUD LIHTC database · HUD Multifamily Assistance & Section 8 · FHA/USDA loan files · FY26 CPD formula allocations · USASpending (DATA Act) · OCC Part 24 filings · FFIEC CRA · IDIS activity extracts. See the glossary for definitions and caveats.