Applications For Affordable Housing Trust Funds (AHTF) and Community Development Block Grants (CDBG) are now closed. 

 

For 2024-2025 funding opportunities, please see the BIDS/RFA page available on the City of Santa Fe BIDS/RFPs.

 

Application for Affordable Housing Trust Funds (AHTF)


Solicitation No. 24/44/A 

Applications for Affordable Housing Trust Funds (AHTF) are now closed.

*Please note: all applicants must register in the vendor self-service portal online before applying. 

Click Here to download information about Vendor Self-Service Registration.

 

Application for Community Development Block Grant


Solicitation No. 24/45/A

Applications for Community Development Block Grant (CDBG) are now closed. 

*Please note: all applicants must register in the vendor self-service portal online before applying. 

Community Development Block Grants (CDBG)


The City of Santa Fe is classified as an entitlement community by the Department of Housing and Urban Development (HUD). There are five entitlement communities in New Mexico - Farmington, Las Cruces, Rio Rancho, Albuquerque, and Santa Fe. The State of New Mexico’s Department of Finance and Administration allocates the balance of New Mexico’s CDBG funds for non-entitlement communities to use for capital improvements and infrastructure.

Entitlement communities can develop their own programs and funding priorities as long as their programs conform to HUD’s CDBG statutory standards and program regulations. Funded activities must support the objectives of the five-year Consolidated Plan.

Eligible Projects

  • Acquisition of real property
  • Rehabilitation of residential and non-residential structures
  • Provision of public facilities and improvements (water and sewer facilities, streets, neighborhood centers, etc.)
  • Mortgage principal reduction assistance towards the purchase of a home
  • Payment for public services with certain limits

 

Affordable Housing Trust Fund


The City set up the Affordable Housing Trust Fund to act as a repository for development fees generated through the affordable housing program, as well as for program income funds that are paid back to the City. Another source of funding is land sales revenues from Tierra Contenta. Other prioritized activities include rental assistance for very low-income renters and real estate/infrastructure funding to support nonprofit development.

Every year, the City’s Community Development Commission sets funding priorities, and an RFP is released that is commensurate with the CDBG funding schedule as described in the preceding section. To achieve efficiency, the CDC will consider the applications for funding from the AHTF at the same time as CDBG funding requests.

 

Eligible Projects

The Housing Trust Fund will make funding available for the following types of affordable housing projects:

  • Homeownership assistance
  • Development and construction of new affordable housing
  • Preservation of existing affordable housing
  • Conversion of existing housing to an affordable housing unit
  • Retaining an existing affordable unit, rental development, or another special interest project
  • Acquisition and rehabilitation of existing housing
  • Capitalizing on affordable housing, revolving loan funds that are operated by non-profit housing organizations
  • Capital Improvement Projects (CIP) that are City owned and used for affordable housing

 

Click Here to download information about Vendor Self-Service Registration.

 

CDBG and AHTF Technical Assistance Training / Pre-App Orientation Session was held on January 25, 2024, at 10 am. 

 

Click Here to view the 2023 training slide deck.