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MFA Launches New Program to Rehabilitate and Resell Vacant and Abandoned Single Family Homes
May 8, 2023
The Board of Directors for the New Mexico Mortgage Finance Authority (MFA) recently approved the Restoring Our Communities (ROC) Program to reduce vacant and abandoned homes in communities across New Mexico.
For Sale: Otero Village
May 2, 2023
Otero Village, a 40-unit affordable property in Alamogordo, is available for sale. Property and financial details can be found in the attached offering memorandum.
MFA Awards $7.3 Million in Funding to Help Create and Preserve Affordable Housing throughout New Mexico
May 2, 2023
The Board of Directors for the New Mexico Mortgage Finance Authority (MFA) recently approved $7.3 million in New Mexico Housing Trust Fund (NMHTF) funding awards to help create and preserve affordable housing for more than 400 families across...
MFA Launches HomeForward Mortgage and Down Payment Assistance Loan Program for Homebuyers
April 14, 2023
To expand homeownership opportunities for low-and-moderate-income New Mexicans, the New Mexico Mortgage Finance Authority (MFA) recently launched HomeForward, a competitive-rate mortgage and down payment assistance program for homebuyers.
MFA Awards $10.5 Million in Funding for Energy Efficiency Upgrades and Repairs to Homes Across New Mexico
March 31, 2023
The Board of Directors for the New Mexico Mortgage Finance Authority (MFA) recently approved annual Energy$mart contracts for service providers to provide $10.5 million in energy efficiency upgrades and emergency repairs for low-income households.
MFA Awards $2.2 Million in Funding to Help Create and Preserve Affordable Housing throughout New Mexico
March 20, 2023
The Board of Directors for the New Mexico Mortgage Finance Authority (MFA) recently approved $2.2 million in New Mexico Housing Trust Fund (NMHTF) funding awards to help create and preserve affordable housing for more than 100 households across New Mexico.
Governor Signs Legislation to Provide Millions in Funding to Address Affordable Housing Crisis in New Mexico
March 17, 2023
On Wednesday, March 15, Governor Michelle Lujan Grisham signed into law Senate Bill 381, bipartisan legislation that will provide an estimated $37 million in funding this year to the New Mexico Housing Trust Fund, which is administered by MFA...
MFA 2022 Annual Report Highlights Impact of Collaboration in Addressing Housing Crisis
February 27, 2023
2022 was a pivotal year for the New Mexico Mortgage Finance Authority (MFA), since MFA led the development of a statewide housing strategy, helped advance permanent funding for affordable housing, and assisted 18,572 New Mexicans with housing services.
MFA-Funded Affordable Housing Development Breaks Ground in Laguna, NM
February 2, 2023
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
Raúl Torrez and Laura Montoya Join New Mexico Mortgage Finance Authority Board
January 25, 2023
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