Finance Authority details Opportunity Enterprise Fund awards and lending terms The Finance Authority told the committee it has awarded $79 million of a $125 million Opportunity Enterprise Fund, received 46 applications (34 eligible), and set terms designed to fill project gap financing for workforce housing across urban and rural communities.

The New Mexico Finance Authority has already awarded $79 million from its $125 million Opportunity Enterprise Fund to tackle workforce housing gaps, but with $73 million still pending, the need for affordable housing is more pressing than ever.

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