New Mexico Sun

New Mexico Mortgage Finance Authority

344 4th St SW, Albuquerque, NM 87102-3206

Recent News About New Mexico Mortgage Finance Authority

MFA approves $3.3 million for La Serena Apartments

The New Mexico Mortgage Finance Authority (MFA) has approved $3.3 million in funding for the construction of La Serena Apartments, an affordable senior housing community in northwest Albuquerque. The project, which is a partnership between the Supportive Housing Coalition of New Mexico and Thomas Development, will consist of 100 affordable units for individuals aged 55 and older.

By New Mexico Sun

New Mexico Mortgage Finance Authority CEO on taking 4th place in 2023 Best Places to Work Awards: 'This is a vision we have always worked for'

The New Mexico Mortgage Finance Authority (MFA) announced Monday it has been recognized as one of the distinguished organizations in the large company category by Albuquerque Business First in its 2023 ‘Best Places to Work Awards.’

By New Mexico Sun

State Tax Credit program: 'The heartwarming story of Pete and Marylou Felix, who...struggled to stay warm for the past few years.'

The New Mexico Mortgage Finance Authority (MFA) issued a press release on Aug. 22 promoting its state tax credit program, under which residents and businesses can receive 50% in credits against their state income tax bills for donations for the construction of affordable housing.

By New Mexico Sun Reports

Payne: 'We have calculated a shortage of roughly 32,000 housing units across New Mexico, with a majority needed in the Albuquerque area'

On July 25, the New Mexico Mortgage Finance Authority (MFA) announced they participated in a celebratory ribbon-cutting event at the Broadway McKnight Apartments. This new multifamily property is located in the Santa Barbara Martineztown Metropolitan Redevelopment Area of Albuquerque, according to a press release by MFA.

By New Mexico Sun Report

New Mexico Mortgage Finance Authority Maestas-De Vries: 'It is important that all New Mexicans, especially those most vulnerable, have opportunities for housing and financial support when they need it'

On June 27, the New Mexico Mortgage Finance Authority (MFA) issued a press release announcing that the MFA Board of Directors authorized $1,380,892 in awards for the Housing Opportunities for Persons with AIDS (HOPWA) program on June 21, 2023

By New Mexico Sun Report

New Mexico Mortgage Finance Authority CEO Hernandez: 'We look forward to continuing and expanding our partnership with Mayor Maestas'

On July 10, the New Mexico Mortgage Finance Authority (MFA) issued a press release announcing that their staff and Board of Directors conducted their monthly board meeting at Kit Carson Electric Cooperative, Inc. in Taos, New Mexico on June 21.

By New Mexico Sun Report

Ratnaraj: 'MFA makes lower-interest loans than conventional lenders'

Homeownership may be elusive for many but the New Mexico Mortgage Finance Authority is trying to make that dream a reality.

By New Mexico Sun Reports

Maestas-De Vries: 'This program not only creates housing opportunities for New Mexicans but also boosts local economies'

The New Mexico Mortgage Finance Authority recently approved $53 million in low-income housing tax credits for renovation and construction of affordable housing throughout New Mexico.

By New Mexico Sun Reports

Bill provides funding for affordable housing

New Mexicans who live in rural areas could benefit most from a bill that provides funding for affordable housing.

By George Willis