If you need more information about our new DownPaymentAdvantage grant program, please contact one of our participating lenders to find out about the program requirements. Find a lender here.

At the New Mexico Mortgage Finance Authority, we help strengthen New Mexico families and communities by creating quality, safe homes that people can afford. Our work will not be finished until every New Mexican can say “I’m home.” learn more >

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NM Homeowner Assistance Fund

New Mexico Homeowner Assistance Fund

The New Mexico Homeowner Assistance Fund can help pay your past-due or current mortgage payments if you are experiencing a financial hardship associated with the COVID-19 health crisis. read more >

New Mexico Mortgage Finance Authority (MFA) Staff stand near a rendering of the new Laguna #3 Affordable Housing Development.

MFA-Funded Affordable Housing Development Breaks Ground in Laguna, NM

About a year after receiving $936,397 in Low-Income Housing Tax Credit (LIHTC) funding from the New Mexico Mortgage Finance Authority (MFA), the $15-million, 20-unit Laguna #3 affordable housing project broke ground Tuesday, Jan. 31, on the Laguna Pueblo i read more >

Raúl Torrez and Laura Montoya Join New Mexico Mortgage Finance Authority Board

New Mexico Attorney General Raúl Torrez and New Mexico State Treasurer Laura M. Montoya have joined the New Mexico Mortgage Finance Authority (MFA) Board of Directors as Ex-officio members, after being recently elected to their leadership roles in the stat read more >

MFA Launches $25,000 Grant Program to Provide Additional Down Payment and Closing Cost Assistance

The New Mexico Mortgage Finance Authority (MFA) recently launched the DownPaymentAdvantage grant program, a program which provides a $25,000 grant, that doesn’t need to be repaid, to assist qualified low-income homebuyers with the down payment and closing read more >

MFA Adds Two Industry Professionals to Low-Income Housing Tax Credit Allocation Review Committee

The New Mexico Mortgage Finance Authority (MFA) Board recently approved the addition of Edward Archuleta and Ken Carson Jr. to the Low-Income Housing Tax (LIHTC) Credit Allocation Review Committee. read more >

MFA Hosts Annual NM Energy$mart Weatherization Day

As part of National Weatherization Day—celebrated nationally each year on Oct. 30—New Mexico Mortgage Finance Authority (MFA) staff and partners highlighted new energy-efficiency upgrades to an Albuquerque home that are expected to generate more than $12,5 read more >

MFA Board Approves $9.7 million in Funding for Affordable Housing Developments in Lordsburg and Albuquerque

The New Mexico Mortgage Finance Authority (MFA) Board recently approved $1.8 million in funding for a 100-unit Albuquerque affordable housing development and approximately $7.9 million in funding for a new 30-unit permanent support housing development in L read more >

MFA Increases Limits for Down Payment Assistance Programs

To offer more down payment assistance to low-and-moderate-income homebuyers, the New Mexico Mortgage finance Authority (MFA) recently revised its FirstDown, down payment assistance program, to offer qualified homebuyers up to four percent of a home’s purch read more >

West Berry Senior Apartments Break Ground

The West Berry Senior Apartments, an affordable housing development supported in large part by The New Mexico Mortgage Finance Authorities (MFA), broke ground earlier this month. The project will create 56 units in Hobbs, NM, for low-income seniors. read more >

MFA Unveils Comprehensive State Housing Strategy to Address Growing Housing Needs

The New Mexico Mortgage Finance Authority (MFA) recently unveiled its newly developed New Mexico Housing Strategy which outlines steps to address New Mexico’s housing crisis. The strategy was created over the span of a year in collaboration with the Housin read more >

2021 Production Highlights

Production Highlights

$757 Million

in TOTAL PRODUCTION

Production Highlights

$5.3 Billion

in ASSETS MANAGED

Production Highlights

25,077

HOUSEHOLDS SERVED

Production Highlights

$2 Million

in RENTAL ASSISTANCE

Production Highlights

$3.2 Million

in SHELTER & TRANSITIONAL HOUSING

Production Highlights

2,900

HOMEBUYERS ASSISTED

Production Highlights

1,000

NEW AND REHABILITATED AFFORDABLE HOMES

Production Highlights

606

HOMES WEATHERIZED