The Office of Housing invests in programs that help residents stay safely housed, regain stability, and avoid housing crises before they become long-term. These investments support a range of prevention strategies, from home repairs that help families remain in their homes to rental assistance and partnerships that expand access to stable housing.

Click on the map below to see the impact of this program

Construction vehicles parked in front of the mostly built Peachtree Phase I building.

Landlord Risk Mitigation Program

Amount Invested: $100,000

About the Project:

The Landlord Risk Mitigation Program helps expand rental housing options for residents in southern New Mexico who face barriers to securing a stable home. Delivered in partnership with the City of Las Cruces and Mesilla Valley Community of Hope, the program encourages property owners to rent to households who rely on vouchers, are transitioning out of housing instability, or have limited rental histories.

Through this collaboration, landlords may receive reimbursement for certain property damages or lost rent, reducing financial risk and strengthening trust between property owners, tenants, and service providers. By keeping more rental homes accessible to low-income residents, the program helps prevent housing instability and supports long-term stability across the region.

Construction vehicles parked in front of the mostly built Peachtree Phase I building.

BernCo Home Rehab

Amount Invested: $1,000,020

About the Project:

BernCo Home Rehab helps income-qualified homeowners in Bernalillo County remain safely and stably housed by funding critical home repairs and improvements. The program supports rehabilitation needs across the county, including essential improvements, accessibility modifications for older adults and people with disabilities, structural repairs, and replacement or repair of major housing systems such as plumbing, electrical, roofing, and heating.

By addressing health and safety hazards and helping preserve existing homes, the program reduces the risk that homeowners will be displaced by unsafe or unlivable conditions. Assistance is provided as a zero percent interest, conditionally forgivable loan, with no monthly payments required for homeowners who continue to meet program requirements.

Construction vehicles parked in front of the mostly built Peachtree Phase I building.

Bernalillo County Rapid Rehousing

Amount Invested: $2,585,453

About the Project:

Bernalillo County Rapid Rehousing helps individuals and families quickly move into permanent housing when they are experiencing housing instability or are at risk of losing stable shelter. The program provides time-limited rental assistance and targeted support services tailored to each household’s needs, helping residents address immediate barriers to housing.

This investment is expected to support approximately 500 to 600 families by helping households regain stability and reducing the likelihood that short-term housing challenges become long-term crises. By connecting residents with rental assistance, supportive services, and community resources, the program strengthens housing stability for families across Bernalillo County.