NM Homeowners Facing Financial Hardship Due to COVID-19 Can Apply to New State Program
The New Mexico Homeowner Assistance Fund provides emergency housing grants to income-eligible households experiencing financial hardship associated with the COVID-19 health crisis.
These grants are to fund mortgage payments equal to the amount of the monthly cost made on behalf of income-eligible applicants up to $10,000 per household, to maintain housing and/or to reduce housing cost delinquency associated with the COVID-19 health crisis. Some mobile/manufactured home lot rental payments may also be covered.
Applicants still experiencing hardship that did not receive the household maximum of $10,000 on their initial funding request, may be eligible to reapply for additional assistance after their initial award. Eligibility to apply for additional assistance does not guarantee approval. Requests are processed in the order received and must be received before the pilot program end date of November 5, 2021. Requests are funded in the order received depending on the availability of funding.
MFA will pay your housing payments directly to your mortgage or loan servicer, escrow company or other housing provider. The assistance does not have to be repaid.
Click here to view Homeowner Assistance Fund income limits
Applications are now being accepted.
To request that a paper application be mailed to you, call 505.308.4206 or 866.488.0498.