Every state has down payment or homeownership assistance programs; some states have both. The programs are designed to provide affordable housing opportunities to homebuyers who might not ordinarily be able to afford a house.
Each program can have their own income and eligibility requirements but primarily the programs are available for first-time homebuyers or low-income families.
Keep in mind if you had no ownership in a principal residence in the previous 3 years, you are also considered a first-time homebuyer even if you owned a home prior to that 3-year period.
The programs are not usually administered directly through the State. Instead, they are nonprofit based and handled through a third party agency. The list below will start you on your search but be sure to confirm the program is currently available.
Statewide and Regional Programs
Native American Programs
U.S. Department of Agriculture Rural Development – homebuyer programs in rural communities
New Mexico Mortgage Finance Authority – programs for first-time homebuyers and others
Housing Authorities Offering Assistance
Dona Ana County Housing Authority
926 S. San Pedro St.
Las Cruces, NM
Region VI Housing Authority
P.O. Drawer 2057
Roswell, NM 88202
Clovis Housing Authority
P.O. Box 1240
Clovis, NM 88102
Socorro Housing Authority
P.O. Box 00
Socorro, NM 87801