New Mexico Mortgage Finance Authority COVID-19 Housing Cost Assistance Program
New Mexico is receiving $13.3 million for the Housing Cost Assistance Program provided by a Community Development Block Grant from HUD.
MFA’s COVID-19 Housing Cost Assistance Program helps pay the housing costs of income-eligible households and residents of tribal lands who are experiencing financial hardship due to the COVID-19 health crisis. Recipients will receive as much as $1,500 per month for up to three months to pay back rent or mortgage payments. In addition, payments on real estate contracts, mobile or manufactured home liens and the land or lots on which they are located may also be covered.
Applications for MFA’s COVID-19 Housing Cost Assistance Program will be accepted from 8 a.m. November 2 through 5 p.m. November 13 only. Because there are several supporting documents that must be provided with the application, New Mexicans should begin the application process
Details of all qualifying criteria and complete income limits can be found on MFA’s website: www.housingnm.org. Applicants may call 505.308.4206 or toll free at 866.488.0498 for more information.
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