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LIH TC Properties in New Mexico through 2015LIHTC Properties in New Mexico Through 2015Credit tax-exempt Bond5Not IndicatedNo11Not IndicatedNoNot Indicated Not Indicated33Not IndicatedNoNot Indicated
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01
Obtain the New Mexico LIHTC application form from the relevant state agency.
02
Fill out the applicant information section completely and accurately.
03
Provide details about the development project, including the proposed location, number of units, and target population.
04
Include financial information such as development costs, sources of funding, and proposed rent levels.
05
Submit the completed application along with any required supporting documentation to the state agency for review.

Who needs new mexico - lihtc?

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Developers and investors looking to finance affordable housing projects in New Mexico.
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New Mexico - LIHTC stands for New Mexico Low-Income Housing Tax Credit, which is a tax credit program that incentivizes the development of affordable housing.
Developers and owners of low-income housing properties in New Mexico are required to file for the LIHTC program.
To fill out the New Mexico LIHTC application, developers and owners must provide detailed information about the property, tenants, rent structure, and other relevant financial data.
The purpose of the New Mexico LIHTC program is to encourage the construction and rehabilitation of affordable housing for low-income individuals and families.
Information that must be reported on the New Mexico LIHTC application includes property details, tenant income levels, rent amounts, and compliance with program regulations.
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