WASHINGTON, DC – March 17, 2010 – (RealEstateRama) — U.S. Senator Jeff Bingaman today announced that three New Mexico organizations have been awarded federal grants to support efforts to revitalize and sustain community development and promote and preserve affordable housing for New Mexico residents. The following organizations have been awarded funding:
| Homewise Inc., in Santa Fe | $348,000 |
| Tierra del Sol Housing Corporation | $254,000 |
| Navajo Partnership for Housing | $70,000 |
“Even before the recent economic downturn, affordable housing was too often unavailable to those who most need it. During these troubling economic times, however, many more Americans are struggling to find affordable housing. This funding will be used to support vital affordable housing initiatives in various New Mexico communities,” Bingaman said.
The grant was awarded through NeighborWorks America – a national nonprofit organization created by Congress to provide financial support, technical assistance, and training for community-based development efforts.
