Housing NM HOME Rehabilitation Program

Housing New Mexico (NM Mortgage Finance Authority)

Open Home Repair

About This Program

Housing New Mexico (formerly NM MFA) administers the statewide HOME Rehabilitation Program for low-income owner-occupants using HUD HOME funds. Assistance is typically a 0% interest deferred, forgivable loan recorded as a lien with an affordability period of up to 15 years. Work focuses on health and safety, code compliance, roofing, HVAC, and accessibility modifications.

Deferred forgivable loan at 0% interest; forgiven after affordability period (typically 10-15 years). If home is sold before period ends, prorated repayment may apply.

Key Details

  • Owner-occupant at or below 80% AMI (~$73,100/year for family of 4 in ABQ metro)
  • 0% deferred loan forgiven after 10-15 year affordability period
  • Focuses on health/safety, code compliance, and accessibility
  • Administered through local subgrantees, contact Housing NM to find your provider
  • Housing New Mexico: 505-843-6880

How to Apply

Visit Official Program Page Track this program

505-843-6880

Deadline: Rolling, contact Housing NM or local subgrantee

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