NM Property Tax, Veteran Exemption
NM Department of Veterans Services / County Assessor
About This Program
As of 2025, New Mexico increased the universal veteran property tax exemption from $4,000 to $10,000 in taxable property value, adjusted for inflation in subsequent years. Any veteran with an honorable discharge who is a New Mexico resident qualifies, no disability rating required. Obtain a Certificate of Eligibility from the NM Department of Veterans Services.
A $10,000 reduction in taxable value saves approximately $200-$400 per year depending on local mill rate.
Record set last reviewed 2026-04-03. How we verify our data.
Other published resources for Albuquerque, NM, are listed below. Review each separately and ask the administrators whether they can coordinate funding for the same work:
- City of Albuquerque CDBG Housing Rehabilitation Up to $50,000
- Bernalillo County Housing Rehabilitation Program Up to $40,000
- NM Energy$mart Weatherization Assistance Program Up to ~$10,000 in weatherization measures
- New Mexico HEAR Home Electrification & Appliance Rebate Up to $14,000
Key Details
- Open to ALL veterans with honorable discharge, no disability rating needed
- Increased to $10,000 off taxable value starting 2025 (inflation-adjusted)
- Must be NM resident; obtain Certificate of Eligibility from NMDVS
- Apply with Bernalillo County Assessor after receiving NMDVS certificate
- NM Dept. of Veterans Services: 505-827-6300
How to Apply
Cited page unavailable. Our automated check on found that the stored cited page returned an HTTP 404 or 410 response. This result applies to the page, not the program: it does not prove the program ended, that it is open, or that anyone qualifies. Confirm current terms directly with the program administrator using other contact information you can verify. Report a replacement source or correction.
Track this programProgram phone: 505-827-6300
Some programs require contractor estimates, licenses, or inspections. A cited link may be general, so confirm the current rules with the administrator before hiring; a directory match does not guarantee contractor eligibility or funding.
Your application paperwork
Documents you will likely need
- Your federal tax return for the year of the work (this benefit is claimed on your taxes, not through a separate application).
- Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
- A government-issued photo ID for every owner on title.
- Proof of military service (DD-214) and, for disability-based grants, your VA disability rating letter.
- The program's own application form, completed (use the official link or phone number on this page).
Requirements vary by program and locality. Confirm the exact rules and application route with the administrator. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Apply through NM Department of Veterans Services; March 31 county deadline
Questions about this program?
Email us at no charge. Messages are reviewed manually, but a response time is not guaranteed.
Email us about this programReport a problem with this listing
Need a Contractor for This Project?
Browse local listings or request an introduction. The Grant Map does not guarantee licensing, program experience, work quality, or funding.
More ways to save on this project
Rebates and discounts that may reduce project cost. Confirm eligibility and coordination rules before including one in your budget.
Find More Programs in Albuquerque, NM
This is one of several kinds of assistance that may be available. Review other programs separately and confirm whether their administrators allow coordination for the same work.
See All Programs