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The Road to Home

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 >

What’s New

During its 2023 fiscal year, MFA participated in the ribbon-cutting ceremony for the Broadway McKnight Apartments.

New Mexico Mortgage Finance Authority administers over $585 million, serving nearly 19,000 households in fiscal year 2023

 The New Mexico Mortgage Finance Authority (MFA) continues to have a positive impact on New Mexicans, serving 18,963 households and administering $585.8 million in funding in fiscal year 2023 (Oct. 1, 2022-Sept. 30, 2023). read more >
John Gabaldon with Waterstone Mortgage Corporation in Albuquerque received the first-ever Housing New Mexico Achievement Award.

New Mexico Mortgage Finance Authority unveils its 2023 Top Metro and Rural Mortgage Lenders who are fueling affordable housing

 The New Mexico Mortgage Finance Authority (MFA) announced its 2023 Top Mortgage Lender Award recipients as part of its annual lender recognition program. read more >
Robert Leech was one of many New Mexicans who benefitted from the New Mexico Homeowner Assistance Fund program.

New Mexico Homeowner Assistance Fund provides over $43 million to more than 4,200 households

 The New Mexico Mortgage Finance Authority (MFA) assisted 4,217 New Mexico households by providing $43.5 million in assistance from the New Mexico Homeowner Assistance Fund (HAF) program from 2021 through the application submittal end date of March 1, 2024. read more >
The NM Mortgage Finance Authority and NM Department of Finance and Administration seek housing input

New Mexico Mortgage Finance Authority seeks community input regarding housing needs in the state

 In an effort to identify and prioritize housing issues in the state, the New Mexico Mortgage Finance Authority (MFA) and the New Mexico Department of Finance and Administration (DFA) are actively seeking the public’s input. read more >
The NM Mortgage Finance Authority Board of Directors approved $500,000 in funding to the New Mexico Ramp Project.

New Mexico Mortgage Finance Authority Board of Directors approves Housing Innovation Program funding awards to New Mexico Ramp Project and Town of Silver City

 At its December meeting, the New Mexico Mortgage Finance Authority (MFA) Board of Directors – acting as the trustee of the New Mexico Housing Trust Fund – approved $1 million in funding for two projects as part of MFA’s Housing Innovation Program. read more >
This before-and-after photo is an example of a New Mexico Mortgage Finance Authority-funded HOME Rehabilitation Program project.

New Mexico Mortgage Finance Authority to offer home rehabilitation services in eight counties through its new Home Improvement Program

 The New Mexico Mortgage Finance Authority (MFA) will offer direct home rehabilitation services through its new Home Improvement Program in eight counties where they currently do not have a service provider for the HOME Rehabilitation Program. read more >
The New Mexico Mortgage Finance Authority (MFA) will offer a new down payment assistance loan program beginning Jan. 12, 2024.

New Mexico Mortgage Finance Authority allocates $5.5 million from New Mexico Housing Trust Fund for new FirstDown Plus down payment assistance loan program

 In an effort to help more New Mexicans purchase a home, the New Mexico Mortgage Finance Authority (MFA) will offer a new down payment assistance loan program beginning Jan. 12. read more >
This before-and-after photo is an example of a previous home restoration project made possible by Restoring Our Communities.

New Mexico Mortgage Finance Authority Board of Directors approves three service providers for Restoring Our Communities program

 At its December meeting, the New Mexico Mortgage Finance Authority (MFA) Board of Directors approved three service providers for the Restoring Our Communities (ROC) program. The board approved ... read more >
NM Mortgage Finance Authority Board of Directors approved $2.8 million in funding for Encino Gardens.

New Mexico Mortgage Finance Authority Board of Directors approves $2.8 million for Encino Gardens from New Mexico Housing Trust Fund and HOME funding

 The New Mexico Mortgage Finance Authority (MFA) Board of Directors approved $2.8 million in funding at its November meeting for the acquisition and rehabilitation of Encino Gardens, an affordable senior housing community in Albuquerque.. read more >
Dennis and Iesha Larrañaga became homeowners through Santa Fe Habitat for Humanity, supported by the State Tax Credit Program.

Support affordable housing and receive a state tax credit for half of the donation through the New Mexico State Tax Credit Program

 If you would like to make a meaningful donation before the end of the year, consider donating to the State Tax Credit Program, which helps build affordable housing across the state. read more >
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2023 Production Highlights

Created More Housing

$10.3M

Invested

285 New Homes

Preserved and Improved Housing

$116.2M

Invested

1,577 Weatherized, Rehabilitated, Preserved, or Redeveloped Homes

Built Home Ownership and Wealth

$412M

Total Invested

Down Payment Assistance Programs

$388M

Assistance Provided

3,352 Loans - 1,845 Households

Mortgage Assistance

$24.1M

Assistance Provided

2,925 Households

Housing Vouchers

$39.8M

Invested

5,843 Households

Homeless Shelter Services

$7M

Invested

6,488 Individuals

Learn More