Best Affordable Housing Grants for Nonprofits in New Mexico

Eligible New Mexico organizations seeking up to US $1,000,000 to create or expand affordable and supportive housing solutions can apply for the Housing Innovation Program. This New Mexico Mortgage Finance Authority grant can fund community-tailored projects such as shelter expansion, home repairs, accessibility improvements, or transitional housing that address unmet housing needs.

Nonprofit 501(c)(3) organizations in New Mexico seeking support for equitable and affordable housing, homeownership, or supportive housing may be eligible for this program. Grants from US Bancorp Foundation help fund work, home, and play initiatives, with priority for organizations led by people of color and those advancing diversity, equity, and inclusion.

New Mexico nonprofits working on equitable and affordable housing, community resilience, education, health, or rural infrastructure can seek program or general operating support through the Sustaining New Mexico Fund. Focused on strengthening communities and social equity, New Mexico Community Foundation offers grants up to US $10,000 to organizations demonstrating clear long-term goals and impact.

Nonprofit organizations providing affordable housing, community revitalization, or workforce and economic development for low- and moderate-income people in New Mexico can apply for Community Impact Grants up to US $5,000. Focused on housing, jobs, and small business support, Washington Federal Foundation requires applicants to be near a WaFd Bank branch and operating at least 12 months.

New Mexico 501(c)(3) nonprofits improving health, housing, or neighborhood conditions can apply for Blue Impact Major Grants from Blue Cross Blue Shield of New Mexico, awarding US $20,000 - US $100,000. Focus areas include equitable and affordable housing, transportation, physical activity, and other locally defined health and human service needs for New Mexicans.

New Mexico 501(c)(3) nonprofits, public agencies, and public school systems can seek funding to improve health and wellness through community programs, including work on affordable, healthy housing and related neighborhood conditions. Focused on community health, Blue Cross Blue Shield of New Mexico supports efforts around housing, transportation, nutrition, economic stability, and locally defined health solutions.

New Mexico nonprofits and public entities planning community events or fundraisers that advance health, housing, transportation, or related services can seek sponsorship support, including for equitable and affordable housing efforts. Focused on community health and stability, Blue Cross Blue Shield of New Mexico invites applications for sponsorships that promote nutrition, safe housing, physical activity, and locally defined health solutions.

Nonprofit organizations in New Mexico that serve low- and moderate-income people can receive US $1,000 - US $5,000 for affordable, sustainable housing and related community services. Washington Federal Foundation provides funding for equitable and affordable housing, social services, financial literacy, economic development, and job development near WaFd Bank branches.

501(c)(3) nonprofits in New Mexico focused on basic needs, income creation, stable housing, or empowering communities can apply for Bank of America Charitable Foundation’s local funding. Grants support economic mobility and community development for low- and moderate-income residents, including affordable housing initiatives and services for vulnerable populations in eligible New Mexico markets.

New Mexico 501(c)(3) nonprofits focused on equitable and affordable housing and economic mobility can access funding through Bank Of America Charitable Foundation’s Neighborhood Builders Program to build organizational capacity. Eligible organizations receive a two-year leadership development experience plus a grant supporting income creation, workforce readiness, small business resiliency, and stable, affordable housing solutions.

About Regions

Regions Financial Corporation is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management and mortgage products and services. Regions serves customers across the South, Midwest and Texas.

Regions Foundation

Regions Foundation supports community investments that positively impact the communities served by Regions Bank. The Foundation engages in a grantmaking program focused on priorities including economic and community development; education and workforce readiness; and financial wellness. The Foundation is a nonprofit 501(c)(3) corporation funded primarily through contributions from Regions Bank.

Matching Gifts Program

Full-time associates and recent retirees (up to 5 years after retirement) of Regions and its affiliated companies can request a Regions Matching Gift to eligible organizations. The recipient organization must be a 501(c) or 170(c) organization located in the Regions footprint (except for accredited educational institutions, which may be located anywhere in the United States) and has a primary mission that clearly fits one of these categories:

• Economic and community development: Supporting economic prosperity through affordable housing, job creation, small-business development, homebuyer education and retention, neighborhood revitalization and stabilization, food security/hunger relief.
• Education and workforce readiness: Supporting career prosperity through student competency and skill building, college and career readiness, educational access and success, credential building and employment and educator training and resources.
• Financial wellness: Supporting financial prosperity through K-12 and college financial education, adult and workforce financial empowerment.
• Arts and culture: Organizations that promote visual or performing arts, historic or science museums, zoos, botanical gardens, libraries, parks or public radio and television.
• Service members and Veterans: Organizations that have a primary mission of supporting U.S. military service members and veterans.
• Individuals with disabilities: Organizations that have a primary mission of supporting individuals with disabilities.

Regions Matching Gifts for Full-Time Associates

Regions supports organizations important to our associates through the Regions Matching Gifts Program. This program, which is open for use for all full-time Regions associates, affiliate associates and recent retirees, allows you to make an even greater difference to your favorite charities by doubling your tax-deductible contributions to these organizations. 

Nonprofit 501(c) or 170(c) organizations working on equitable and affordable housing and related community development can receive up to US $1,000 in matching donations from recent Regions Bank retirees. Regions Bank provides New Mexico housing and community nonprofits with boosted individual gifts when retirees contribute at least $25 within five years of retirement.

Aging-focused nonprofits in New Mexico working on livable communities and housing, or related issues for adults 50-plus, can access funding via AARP Foundation’s Purpose Prize. This national award provides US $75,000 and a year of organizational support to leaders 50-plus whose work advances housing, public health, financial security, caregiving, and other aging-related priorities.

New Mexico housing and homelessness-focused nonprofits can seek support for hunger, housing, and financial education programs through the RRCU Gives Foundation. Grants from RRCU Gives Foundation help organizations expand affordable housing efforts alongside related food access and financial literacy services; awards are made annually, with applications in June and decisions in August.

Nonprofits and other eligible entities serving residents of HUD-assisted housing can obtain US $112,500 - US $250,000 to fund service coordination and limited direct services addressing urgent economic and housing self-sufficiency needs. US HUD: Office of Public and Indian Housing supports affordable housing communities in New Mexico and other U.S. jurisdictions through the ROSS Rapid Response Program.

New Mexico housing and homelessness nonprofits can access funding through Volunteer Mississippi to run AmeriCorps Seniors RSVP projects that engage volunteers 55+ in addressing affordable housing and related community needs. Grants up to US $75,000 support efforts like reducing homelessness, developing or renovating affordable housing, and providing coordinated services for vulnerable older adults and families.

Nonprofits improving affordable housing and related health and human services in New Mexico can apply for general operating support between US $5,000 - US $20,000. With a mission to strengthen community wellbeing, Santa Fe Community Foundation provides funding for work in Mora, San Miguel, Rio Arriba, and Santa Fe counties, including homelessness prevention and equitable housing access.

Nonprofit community development organizations in New Mexico working on affordable housing, small business, or workforce development can apply to host a graduate-level NCRC Fellow to advance a compelling project. Host partners must be active NCRC members with in-person office space; priority is given to several focus geographies, including Texas and Washington, DC.

Graduate students in urban planning, policy, public administration, economics, or related fields can apply for National Community Reinvestment Coalition’s Fellowship for Equitable Development, which provides a US $20,000 stipend for eight months of part-time work on housing, small business, and workforce projects. Grants from NCRC help host organizations, including those focused on equitable and affordable housing, advance community development initiatives in locations nationwide, including New Mexico communities within one hour of a host office.

New Mexico local governments, public housing agencies, and their nonprofit and private partners can access funding through US HUD: Office of Public and Indian Housing to implement comprehensive plans for revitalizing severely distressed public or HUD-assisted housing. Awards up to US $75,000,000 support mixed-income housing redevelopment, resident self-sufficiency, and broader neighborhood economic renewal.

Wegmans Family Foundation Inc focuses on cultivating healthy communities through support for hunger relief, health initiatives, education, and youth programs. They prioritize collaborations with local nonprofits to enhance community well-being, offering assistance in key areas like economic mobility and youth engagement. Despite their wide-ranging support, they have specific ineligibility criteria, such as not accommodating personal requests or solicitation on their property, aiming to direct resources effectively where they are needed most.

The Level 1 Fair Housing Grant, offered by the National Association of REALTORS®, supports initiatives aimed at educating REALTORS® on fair housing issues. Grants can fund classes, forums, or workshops, with a maximum award of $3,000. Starting in 2025, the grant will also support expenses related to the At Home With Diversity class to align with new training requirements. This initiative ensures REALTORS® have the resources to promote diversity and inclusion in their communities.

The Level 1 Housing Opportunity Grants, provided by the National Association of Realtors, aim to enhance education on housing affordability for REALTORS® and the community. Grants of up to $3,000 support various initiatives, including forums, speakers, and stakeholder meetings. This initiative encourages collaboration and knowledge sharing to address pressing housing issues and promote affordability in communities. Eligible associations can receive one grant annually, with reimbursement requests due by December 19, 2025.

The Level 2 Housing Opportunity Grants, provided by the National Association of REALTORS®, aim to address affordable housing challenges within communities. With a maximum award of $7,500, these grants encourage collaborations among local agencies to enhance housing access. Eligible activities include forums, expos, and studies that promote housing opportunities. Associations can receive one grant per year, and funds are disbursed via a reimbursement process, with requests due by December 19, 2025.

The Level 3 Housing Opportunity Grants, offered by the National Association of Realtors, support innovative projects aimed at enhancing housing opportunities. These grants are designed for initiatives that involve collaboration with non-REALTOR® partners and require significant REALTOR® involvement. Eligible projects should demonstrate potential for community impact and cannot include activities previously funded by Housing Opportunity grants. This initiative aims to foster growth and diversity within communities.

State Farm's Good Neighbor Citizenship Company Grants aim to enhance community safety, development, and education. Focused on long-term impact, they support initiatives in auto and home safety, disaster preparedness, affordable housing, and educational programs. Eligible recipients include nonprofits, educational institutions, and government entities. However, funding is not available for individuals, religious programs, or organizations outside the U.S. By addressing critical community needs, these grants foster safer and more resilient neighborhoods.

With a mission to strengthen communities, Ecolab Foundation provides New Mexico 501(c)(3) nonprofits with up to US $500 annually when an eligible Ecolab employee or retiree serves on their board. Organizations working on equitable and affordable housing, crisis assistance, work readiness, or related community development may benefit from this board leadership volunteer grant.