In the pursuit of homeownership, Tai Wilson and her family achieved their dream in 2023 with the help of the New Mexico MFA and one of its participating lenders, Nikki Sandoval-Belt of Cornerstone Home Lending in Farmington. MFA’s first-time homebuyer programs played a pivotal role in enabling Wilson and her family, as well as many others, to own their own home. (Photo courtesy New Mexico Mortgage Finance Authority) Attendees at the 2023 Weatherization Day event on October 30 visited a home in Mescalero, New Mexico, that benefited from the New Mexico Mortgage Finance Authority’s NM Energy$mart Weatherization Program. Southwestern Regional Housing and Community Development Corporation completed several weatherization projects at the home. (Photo courtesy New Mexico Mortgage Finance Authority) Thousands of New Mexicans’ dreams of owning a home have become a reality thanks to the New Mexico MFA’s homeownership programs. Opal StifflerWillhight, pictured with her daughter, Emilyn, became a homeowner in 2022 with assistance from MFA. (Photo courtesy Opal Stiffler-Willhight) A list of the most current home rehabilitation service providers is available on the MFA website at housingnm.org. Because it has historically been challenging to identify a home rehabilitation service provider in certain counties, MFA’s Board of Directors granted approval to provide services directly through the MFA Home Improvement Program (HIP) to serve communities in which there is currently no other active service provider. From February 1-28, 2024, MFA will accept applications from qualified individuals in certain counties whose homes need rehabilitation. Information about the program is available at housingnm.org. The HIP program allows for repair, reconstruction and rehabilitation of homes occupied by eligible incomequalified homeowners. These improvements include — but are not limited to — making energy-saving conservation improvements, eliminating health and safety hazards, enhancing accessibility for disabled or elderly persons, structural alterations and reconstruction, repair or replacement of major housing systems, adding or replacing roofing, reconditioning plumbing, installing or replacing a septic system and mobile home replacement. To preserve and improve existing affordable housing and catalyze redevelopment, MFA provided $116,219,000 to weatherize, rehabilitate, preserve or redevelop 1,577 homes in fiscal year 2023. “At MFA, we continue to do everything we can so New Mexicans will have safe, affordable housing opportunities,” said Isidoro Hernandez, MFA executive director/ CEO. “We are always willing to explore new, innovative programs to expand our reach and serve even more New Mexicans each year.” Overall, MFA’s fiscal year 2023 impact included: • $585,797,000 in total funding administered. • 18,963 households served. • 3,707 homes produced, financed or preserved. Down payment and closing cost assistance, weatherization and rehabilitation are just a few of the many programs MFA has to offer. For a complete list of MFA programs made available to provide safe, affordable housing to New Mexicans, visit housingnm.org. 21
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