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State Tax Credits for Affordable Housing Development
The History of MFA
After providing low-interest rate mortgages to New Mexico families for almost two decades, MFA expanded its homeownership programs in 1991 to include down payment and closing cost assistance. The program allowed many families who never thought they could own a home become homeowners.
Since 1991, MFA has provided down payment and closing cost assistance to more than 23,000 New Mexico homebuyers.