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Homewise Santa Fe Down Payment Assistance (NM-3)

Administered by:

Homewise
· Nonprofit · Grant

Funding status: Active

How much assistance

Up to $40,000

No repayment required.

Eligibility

  • Income limits:
    First-time homeowners residing in or purchasing in New Mexico's 3rd Congressional District (Santa Fe metro area). Specific income guidelines apply; verify with Homewise.
  • First-time buyer required: Yes
    A first-time homebuyer is anyone who has not owned and occupied a primary residence in the past three years.
  • Geographic restrictions:
    Property must be located within New Mexico's 3rd Congressional District, which encompasses Santa Fe and much of northern New Mexico.
  • Homebuyer education required: Yes

How to Apply for Homewise Santa Fe Down Payment Assistance (NM-3)

Schedule a free consultation with a Homewise Home Purchase Advisor. Santa Fe area office serves NM-3 buyers. Counselors guide buyers through credit-building, budgeting, and DPA program enrollment, including identifying the $40,000 NM-3 grant alongside other available stacking programs.

Notes

This is the up-to-$40,000 NM-3-restricted program; the standard Homewise services available outside NM-3 (such as in Albuquerque) provide DPA navigation but not the $40,000 grant. Verify current funding status and eligibility with Homewise at intake.

Cities Where This Program Is Available (1 city across 1 state)