Unlocking Accessible Homes: MFA's Transformative Home Rehabilitation Program

The New Mexico Mortgage Finance Authority (MFA) is spearheading a remarkable initiative to enhance the lives of New Mexicans through its Home Improvement Program. This innovative program is dedicated to rehabilitating homes across the state, ensuring that elderly and disabled individuals can live comfortably and safely in their own residences. With up to million in funding available, MFA is actively seeking qualified contractors to join this transformative effort.

Empowering Homeowners, Transforming Lives

Addressing Accessibility Challenges

The MFA's Home Improvement Program is designed to tackle the pressing issue of accessibility for the elderly and disabled. By providing funding for home rehabilitation, the program aims to eliminate health and safety hazards, enhance accessibility, and enable these individuals to maintain their independence and quality of life. From installing no-step showers and elevated toilets to adding grab bars, the program's focus is on creating a safe and comfortable living environment tailored to the unique needs of its beneficiaries.

Comprehensive Home Rehabilitation Services

The scope of the Home Improvement Program extends far beyond accessibility upgrades. Homeowners can also benefit from a wide range of rehabilitation services, including energy-saving conservation improvements, structural alterations, and the repair or replacement of major housing systems. Whether it's reconditioning plumbing, installing a new septic system, or addressing roofing issues, the program ensures that homes are brought up to modern standards, enhancing both livability and long-term sustainability.

Empowering Contractors, Empowering Communities

MFA is actively seeking qualified contractors to participate in the Home Improvement Program. By becoming an approved contractor, professionals can make a tangible difference in the lives of New Mexicans in need. The program's requirements ensure that only the most capable and responsible contractors are selected, with a focus on general contractors' licenses, specialty licenses, liability insurance, workers' compensation coverage, and builder's risk insurance.

Expanding Access to Affordable Housing

The Home Improvement Program is part of MFA's broader mission to provide quality affordable housing opportunities for all New Mexico residents. By funding the construction and rehabilitation of affordable housing and rental properties, as well as offering a range of other housing-related services, MFA has been a driving force in improving the lives of over 500,000 families since its inception in 1975.

Transforming Lives, One Home at a Time

The impact of the Home Improvement Program is already being felt across the state. In the last fiscal year alone, MFA's HOME Rehabilitation and Weatherization Programs have assisted 859 individuals, with over .6 million expended on these vital projects. As the program continues to expand, more and more New Mexicans will have the opportunity to live in safe, accessible, and comfortable homes, empowering them to thrive and maintain their independence.