News and Articles

County Encourages Residents to Use Down Payment Assistance

Santa Fe – July 22, 2010 – The Santa Fe Board of County Commissioners passed Resolution 2010- 115, amending housing assistance regulations to increase grant amounts. Down payment assistance is available for first time homebuyers and applied to homes located within Santa Fe County (unincorporated areas).

Grant Amounts Available:
$20K for a family earning less than 65 percent of the Area Median Income
$15K for a family earning between 66 percent and 80 percent of the Area Median Income
$10K for a family earning between 81 percent and 100 percent of the Area Median Income

“We would like to encourage as many residents as possible to take advantage of this assistance. Currently five families have utilized the grant funding, we would like more to utilize it,” said Darlene Vigil, Santa Fe County Affordable Housing Administrator.

“If you are not sure you qualify for assistance or have been considering becoming a homeowner, this is a great opportunity. The tiered level funding is to allow for a broader range of assistance, maximizing the number of people that can benefit from the program,” said County Commissioner, Virginia Vigil.

For more information contact Darlene Vigil, (505) 992- 6752 or darlenevigil@santafecounty.org or Rosemary Bailey, (505) 992-3055 or rbailey@santafecounty.org