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City of Alamogordo Awards $15,000,000 Loan Contract to New Mexico Finance Authority (October 2025)

City of Alamogordo
Disclosed value
$15,000,000
From plan
Approved
Oct 28, 2025

The 30-second brief

What it covers

The New Mexico Finance Authority awarded Sendero Alamo, LLC a $15,000,000 loan under the Opportunity Enterprise Housing Development Program with a 4.50% interest rate. Closing is expected by the end of the year, supporting the construction of an 80-unit multifamily rental community in Alamogordo.

Who holds it

New Mexico Finance Authority holds this loan contract with City of Alamogordo. Its other public contracts on record include work for Santa Fe MPO and City of Lovington.

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Contract details

Contract type
Loan
Amount
$15,000,000
Document date
October 28, 2025
Term
NA
Vendor
New Mexico Finance Authority
Agency
City of Alamogordo
Source document
city-of-alamogordo-city-commission-meeting-agenda-october-28-2025_358.pdf (Plan)

New Mexico Finance Authority's other public contracts

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Questions about this contract

Who was awarded the loan contract by City of Alamogordo?

New Mexico Finance Authority was awarded this loan contract by City of Alamogordo, as recorded on October 28, 2025. The contract value is $15,000,000.

How much is the New Mexico Finance Authority contract with City of Alamogordo worth?

The New Mexico Finance Authority contract with City of Alamogordo is valued at $15,000,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a plan record.

Where was this contract approved?

This contract appears in city-of-alamogordo-city-commission-meeting-agenda-october-28-2025_358.pdf (Plan), dated October 28, 2025 from City of Alamogordo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does New Mexico Finance Authority hold?

New Mexico Finance Authority 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 City of Alamogordo currently buying?

Explore City of Alamogordo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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