New Mexico Mortgage Finance Authority Awards $10,000,000 Investment Contract to New Mexico Opportunity Fund (September 2023)
New Mexico Mortgage Finance AuthorityState Housing Authority · Albuquerque, NM- Disclosed value
- $10,000,000
- From minutes
- Approved
- Sep 28, 2023
The 30-second brief
NMFA commits up to $10 million to New Mexico Opportunity Fund LP, managed by Sun Mountain Capital, to invest in early-stage local businesses in targeted industries, supporting economic diversification in New Mexico.
New Mexico Opportunity Fund holds this investment contract with New Mexico Mortgage Finance Authority.
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Contract details
- Contract type
- Investment
- Amount
- $10,000,000
- Document date
- September 28, 2023
- Term
- NA
- Source document
- nmfa_board_meeting_minutes_september_2023.pdf (Minutes)
New Mexico Opportunity Fund's other public contracts
More New Mexico Mortgage Finance Authority contracts
Questions about this contract
Who was awarded the investment contract by New Mexico Mortgage Finance Authority?
New Mexico Opportunity Fund was awarded this investment contract by New Mexico Mortgage Finance Authority, as recorded on September 28, 2023. The contract value is $10,000,000.
How much is the New Mexico Opportunity Fund contract with New Mexico Mortgage Finance Authority worth?
The New Mexico Opportunity Fund contract with New Mexico Mortgage Finance Authority is valued at $10,000,000, covering investment work.
What type of contract is this?
This is a Investment contract, documented as a minutes record.
Where was this contract approved?
This contract appears in nmfa_board_meeting_minutes_september_2023.pdf (Minutes), dated September 28, 2023 from New Mexico Mortgage Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does New Mexico Opportunity Fund hold?
New Mexico Opportunity Fund may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is New Mexico Mortgage Finance Authority currently buying?
Explore New Mexico Mortgage Finance Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.