city-of-alamogordo-city-commission-meeting-agenda-october-2025_a50.pdf
Sendero Alamo Receives $15M NMFA Housing Development Loan
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Description
The New Mexico Finance Authority (NMFA) has granted Sendero Alamo, LLC a $15,000,000 loan, marking the inaugural disbursement under the newly sanctioned Opportunity Enterprise Housing Development Program. The loan carries an interest rate of 4.50%, with closing anticipated before the year concludes.
Contract Details
Contract Amount
$15,000,000
Vendor
SENDERO ALAMO
Agency
Housing Authority of the city of Alamogordo, NM
Contract Type
Loan
Document Date
October 28, 2025
Contract Term
NA
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Related Contracts
Issuing Agency
Housing Authority of the city of Alamogordo
Local Housing Authority
Alamogordo, NM
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