Albuquerque Journal

MFA expands home rehab program to additional counties

- BY RYAN BOETEL JOURNAL BUSINESS EDITOR Ryan Boetel is the business editor for the Albuquerqu­e Journal. He can be reached at 505-823-3960 or rboetel@abqjournal.com

The New Mexico Mortgage Finance Authority is expanding its direct home rehabilita­tion program to eight counties where services hadn’t previously been offered.

The MFA has a program in which it provides repairs to bring homes up to code and makes essential improvemen­ts that are non-luxury in nature, like roof repair. The program is for homeowners who lack the resources to pay for the repairs.

The program is expanding to residents in Guadalupe, Harding, Los Alamos, McKinley, Rio Arriba, Quay, San Juan and Union counties.

“Because it has historical­ly been challengin­g to identify a home rehabilita­tion service provider in certain counties, MFA’s Board of Directors granted approval for us to provide services directly,” said Donna Maestas-De Vries, MFA chief housing officer. “We continue to be innovative in terms of identifyin­g creative solutions to help ensure New Mexicans have safe, affordable housing. Our team saw a need, and we are excited that we are about to address that need through this program.”

In 2023, the MFA provided more than $2.2 million to rehabilita­te 26 homes throughout the state.

Some of the projects included energy-saving improvemen­ts, eliminatin­g health and safety hazards, adding or replacing roofing and enhancing accessibil­ity to disabled or elderly residents.

The MFA will accept applicatio­ns from qualified individual­s who have homes in need of rehabilita­tion from Feb. 1 through Feb. 29. Services will be provided on a first-come, firstserve­d basis.

People with additional questions can contact MFA Home Rehabilita­tion Programs Supervisor Gina Bell at gbell@housingnm.org or 505-767-2274.

 ?? MORTGAGE FINANCE AUTHORITY ?? A before and after photo of a home rehabilita­tion carried out by the New Mexico Mortgage Finance Authority.
MORTGAGE FINANCE AUTHORITY A before and after photo of a home rehabilita­tion carried out by the New Mexico Mortgage Finance Authority.

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