Please note: This funding is only available to properties monitored by MFA. Owners of properties monitored by MFA must apply for rental assistance on behalf of their tenants. If you are a tenant, please contact your property manager. Tenants seeking rental assistance can also contact one of the organizations listed here: http://housingnm.org/community_development/rental-assistance-programs-rap.
Introduction and Background
The New Mexico Housing Trust Fund (NMHTF) was established in 2005 by the New Mexico Housing Trust Fund Act, which designates the New Mexico Mortgage Finance Authority as the administrator and trustee of the NMHTF (MFA) The purpose of the NMHTF is to provide flexible funding for housing initiatives in order to produce significant additional housing investment in the state.
A portion of NMHTF funds will be available under this NOFA to provide short-term rental assistance to eligible tenants of income-restricted properties monitored by MFA who are experiencing financial hardship caused by the COVID-19 pandemic.
Applicants are encouraged to direct questions regarding the New Mexico Housing Trust Fund Rental Assistance Notice of Funding Availability (NOFA) and Application to:
New Mexico Mortgage Finance Authority
344 Fourth Street SW
Albuquerque, NM 87102
Phone: (505) 767-2249 or toll-free statewide (800) 444-6880
TTY/Voice: 711, or if no answer
1-800-659-8331 (English) OR 1-800-327-1857 (Spanish)
Application Submission and Due Date
In order to be considered for funding, completed applications must be received no later than 5:00 PM MDT on May 25, 2020 for the first round. Applications must be submitted electronically starting May 18, 2020 via a link that will be posted on this page. All applicants are encouraged to attend an online training session on application submission to be held on Monday, May 18, 2020 at 10:00 am MDT. Details regarding the online training session will be posted on this page.
If funding is available after the first round, MFA may, in its sole discretion, make additional funding available either through future rounds and/or additional months of rental assistance depending on need as demonstrated by submitted applications and other factors as determined by MFA. Future round application deadlines, if any, will be announced through addendums to this NOFA.