New Mexico Statutes Chapter 58. Financial Institutions and Regulations § 58-18-8.1. Rules and regulations of the authority; multiple-family dwellings, transitional and congregate housing facilities

A. procedures for the submission by mortgage lenders to the authority of:

B. standards for approving qualifications of sponsors and mortgage lenders;

C. standards for determining minimum equity requirements for sponsors and acceptable debt-to-equity ratios for sponsors;

D. methods for establishing uniform accounting systems for sponsors;

E. standards for approving costs of such projects; and

F. guidelines establishing reasonable geographic allocation procedures for project mortgage loans.