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New Mexico

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A big part of the working capital that helps New Mexico open its doors to families, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $34 billion in New Mexico with bond purchases for affordable housing, education bonds, agricultural loans, retail mortgages and more. We are here to strengthen communities and families across the Land of Enchantment.

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  • $28 billion in stocks and bonds that help finance business development and create new jobs
  • $5 billion in real estate, loans and other investments
  • $1 billion in mortgage loans on farms, residential, and commercial property
AffordableHousing

Investing in Affordable Housing
Life insurers have invested $121 million in recent years in organizations promoting affordable housing in the state. This includes $115 million in bonds issued by the New Mexico Mortgage Finance Authority.

Education

Investing in Education
The Albuquerque Municipal School District, the Taos School District, the Aztec School District and others, along with New Mexico State University and the University of New Mexico, have received financing from life insurers. In all, the industry has purchased $67 million in bonds in recent years issued by educational entities in the state.

Apartments2

Investing in Apartments/Multifamily
With $325 million invested today in mortgage loans for apartment buildings and multifamily units in Albuquerque, Las Cruces, Santa Fe and Gallup, life insurers are helping individuals and families call the Land of Enchantment “home.”

Retail

Investing in Retail
One-quarter of the jobs in New Mexico are supported by the retail industry, according to the National Retail Federation. Life insurers are part of this employment story, providing retail mortgages totaling $110 million in the state.

Agriculture2

Investing in Agriculture
Life insurers have provided $134 million in agricultural mortgage loans in Roswell, Hobbs, Clovis, Deming and more towns and cities throughout New Mexico.

Industry3

Investing in Industry
The Land of Enchantment offers many things, including a strong industrial base, which life insurers support. They have provided $343 million in industrial mortgage loans throughout New Mexico in recent years.