HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 1 of 28

United States Department of the Treasury

Homeowner Assistance Fund Plan

Submitted by State of New Mexico

HAF Grantee Plan Name

HAFP-0109
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 2 of 28

United States Department of the Treasury

Homeowner Assistance Fund Plan For Participants 

with Allocations $5 million or Greater

Allocation Amount $5 Million or Greater

Submission Date 1/4/2022 4:31 PM

Total Plan Requested Amount $55,772,684.00

Record Type State

Application Record SLT-0081

HAF Grantee Plan Status (external) Funded
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 3 of 28

Homeowner Needs and Community Engagement

What Quantitative Data Has Informed the Participant’s Planning?

Treasury will assess the extent to which a Participant has, in the course of its HAF planning process, relied on

quantitative data, including from community-based organizations or organizations that serve potentially

eligible homeowners. 

In its HAF planning process, has the Participant obtained quantitative data from mortgage servicers, private

data providers, government entities, community-based organizations, or other sources to inform its planning

about how to target and best serve eligible homeowners with mortgage delinquencies, defaults, foreclosures?

Yes

If yes, please list and, briefly describe each source of quantitative data.

Data from the Federal Reserve Bank of Atlanta Mortgage Analytics and Performance

Dashboard shows that of April 2021 4.2% of single-family mortgage loans in New Mexico were in

forbearance. Treasury-supplied data reveals the forbearance rate in rural New Mexico is 6%.

For low-income homeowners and minority homeowners, the rates are 5.6% and 5.4%,

respectively. The Treasury-supplied data also shows the forbearance rate for Federal Housing

Administration loans is 8.7% and for United States Department of Agriculture and Veteran’s

Affairs loans the rate is 7.1% and 4.2%, respectively. Treasury-supplied data shows the 90+ day

delinquency rate for Federal Housing Administration loans is 10.0% and for United States

Department of Agriculture and Veteran’s Affairs loans the rate is 9.1% and 5.9%, respectively.

Data from CoreLogic Market Trends May 2021 report shows that 3.4% of single-family

mortgage loans in New Mexico were more than 90 days delinquent. Treasury data shows the 90+

day delinquency rate for Federal Housing Administration loans is 10.0% and for United States

Department of Agriculture and Veteran’s Affairs loans the rate is 9.1% and 5.9%, respectively.

During Week 34 (July 21-August 2, 2021) of the Housing Pulse Survey, 15% of New Mexico

homeowner households reported being very likely or somewhat likely to have to leave their home

due to foreclosure in the next two months. This rate was higher for Asian New Mexicans (18%)

and non-Hispanic multi-racial New Mexicans (25%). Similarly, this rate was higher for low- and

moderate-income New Mexicans: 38% for households earning less than $25,000 and 20% for

households earning between $25,000 and $34,999. Neighborhood Watch data shows that as of

August 2021 already 4,225 FHA borrowers in New Mexico were involved in foreclosure

proceedings. 

Refer to pages 2-5 of the Plan 

https://housingnm.org/uploads/documents/HAF_Plan_-_9_29_2021.pdf

In its HAF planning process, has the Participant obtained and reviewed quantitative data or studies regarding

which demographic segments in its jurisdiction have historically experienced discrimination in the housing or

housing finance market?

Yes

If yes, please list and, briefly describe each source of quantitative data.
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 4 of 28

2020 New Mexico Analysis of Impediments to Fair Housing Choice (which drew on Home

Mortgage Disclosure Act data from 2017 of over 72,000 applications within New Mexico for loans

for a single-family home) revealed the rate of loan application denials for traditional home

purchase loans in New Mexico varies by race/ethnic groups. Whites were least likely to be denied

for conventional single family home purchases, being denied at a rate of 8 percent, while

Hispanic applicants faced the highest conventional home purchase denial rate at 11 percent.

Additionally, home purchase denial rates by race/ethnicity and income group within New Mexico

demonstrates that High-Income Black and Hispanic applicants (those earning greater than 120

percent of Area Median Income) were slightly less likely to be denied for a single family home

purchase, at 9 percent, than Low-Income White applicants (those earning less than 80 percent of

Area Media Income), at 11 percent. Low-Income Black applicants were the group with the

highest home purchase denial rate at 17 percent, 1.6 times the rate of Low-Income White

applicants. High-Income White and Asian applicants were each denied at a rate of 6 percent, the

lowest of all groups examined. White and Hispanic applicants demonstrated similar disparities in

denial rates between Low- and High-income applicants, at 6 percent, while the gap between Lowand High-income applicants for Blacks was approximately 9 percent. Characteristics of

Mortgage Borrowers During the COVID-19 Pandemic, a CFPB 2021 report reveals that Black

and Hispanic borrowers account for a disproportionately high share of borrowers with forborne

loans or delinquencies. Inequality in the Time of COVID-19: Evidence from Mortgage

Delinquency and Forbearance, a Federal Reserve Bank of Philadelphia report from February

2021 also demonstrates that that Black and Hispanic borrowers account for a disproportionately

high share of borrowers with forborne loans or delinquencies.

Refer to pages 2-5 of the Plan.

In its HAF planning process, has the Participant obtained quantitative data from utility providers or entities

charged with assessing and collecting property taxes or relied on quantitative data or studies to inform its

planning about how to target and best serve eligible homeowners at risk of displacement due to utility

arrearage or tax foreclosure?

Yes

If yes, please list and, briefly describe each source of quantitative data.

New Mexico’s Public Regulation Commission (PRC) Survey of Utility Providers. In a survey of

utility providers conducted in April 2021, 33 utility providers responded to the questionnaire

that asked about residential accounts in arrears. Respondents reported a total of 21,251 accounts

in arrears and a total of $32,544,381 in delinquencies. 

For additional detail refer to page 6 of the Plan 

https://housingnm.org/uploads/documents/HAF_Plan_-_9_29_2021.pdf

In the following text box, please list any source not listed above of quantitative information, including

sources of data on the performance of any of the Participant’s previously implemented programs, that the

Participant used to inform its HAF planning process, briefly describe how the data informed the Participant’s

planning.

Other data sources the Participant incorporated into its plan include the following:

Based on American Community Survey 2015-2019 5-year estimates, more than two-thirds of

New Mexico’s homeowner population are estimated to meet the HAF income eligibility

requirements. There are an estimated 371,648 (70.9%) homeowner households that are at or

below 150% Area Median Income (AMI) and 221,920 (42.4%) homeowner households that are at

or below 100% AMI. Further, among New Mexico’s homeowner households, 313,704 (59.4%)

have a head of household who identifies as a person of color, which meets Treasury’s definition
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 5 of 28

of socially disadvantaged. 

American Community Survey 2015-2019 5-year estimates also show that before the coronavirus

pandemic, already 103,842 (33.7%) homeowner households with a mortgage had an annual

household income below $75,000 and were housing cost burdened. 

The Household Pulse Survey (HPS) indicates widespread financial hardship among New Mexico

homeowners. On average during Weeks 1 through 28 of the HPS (Week 1 of the HPS covers

April 23-May 5, 2020 and Week 28 covered April 14- April 26, 2021), 44.6% of New Mexican

homeowner respondents reported experiencing loss of employment income since the on-set of the

pandemic. This rate is higher among low- and moderate-income groups: 54.8% for homeowner

households with annual income less than $25,000, 48.8% for homeowner households with annual

income between $25,000 and $34,999 and 45.4% for homeowner households with annual income

between $35,000 and $49,999. Similarly, some socially disadvantaged groups reported higher

rates for this same financial hardship indicator: 49.5% for Hispanic or Latino homeowner

households, 45.9% of Black homeowner households, and 51.6% of multi-racial/other race

homeowner households. 

For additional detail refer to pages 2-4 of the Plan at 

https://housingnm.org/uploads/documents/HAF_Plan_-_9_29_2021.pdf

Did the Participant communicate with mortgage servicers regarding the development of its program design?

Yes

Did the Participant communicate with other HAF participants regarding the development of its program

design?

Yes

How Has Community Engagement and Public Participation Informed the

Participant’s Planning?

Treasury will assess the extent to which a Participant’s assessment of homeowner needs has been informed

by and reflects input from organizations and individuals representing eligible homeowners, including any

opportunities for public participation in the development of the Participant’s plan. Treasury will pay

particular attention to the extent of the Participant’s engagement with populations that are the subject of

statutory targeting requirements.

Has the Participant requested and received input on its HAF planning process from providers of housing

counseling services or providers of legal assistance to homeowners facing foreclosure or displacement?

Yes

Provider information

If yes, please list such providers, including the providers’ address and website. Please indicate by checking

the appropriate box below if the provider’s primary purpose is to serve low- and moderate-income

households or to address the impacts of housing discrimination on one or more demographic groups in the

Participant’s jurisdiction.
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 6 of 28

Provider Name 

Provider Address 

Provider Website

Provider

Primarily

Serves

LMI

Households

Provider

Addresses

Impact of

Housing

Discrimination

United South Broadway Corp.

1500 Walter Street SE ,Albuquerque,New Mexico 87102

https://www.unitedsouthbroadway.org/

Senior Citizens Law Office

4317 Lead Ave SE Suite A,Albuquerque,New Mexico 87108

http://sclonm.org/

New Mexico Legal Aid

505 Marquette Ave NW ,Albuquerque,New Mexico 87102

https://www.newmexicolegalaid.org/

Has the Participant requested and received input regarding its HAF planning process from community-based

organizations or organizations that serve potentially eligible homeowners?

Yes

Community Information

If yes, please list such organizations, including the providers’ address and website if available. Please

indicate by checking the appropriate box below if the provider’s primary purpose is to serve low- and

moderate-income households or to address the impacts of housing discrimination on one or more

demographic groups in the Participant’s jurisdiction.

Organization Name 

Organization Address 

Organization Website

Organization

Primarily

Serves LMI

Households

Provider

Addresses

Impact of

Housing

Discrimination

Community Action Agency of Southern NM

3880 Foothills Rd. Ste. A, Las Cruces, New Mexico 88011

https://www.caasnm.org/

Help NM

Bernalillo County Headquarters5101 COPPER AVE. NE, Albquerque,

New Mexico 87108

https://helpnm.com/

Echo Inc

3880 Foothills Road, Suite A, Las Cruces, New Mexico 88011

https://echoinc.org/

New Mexico Association of Community Partners

5101 Copper Ave NE, Albuquerque, New Mexico 87108

https://nmacp.org/
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 7 of 28

Eastern Plains CAA

210 W Center St, Tucumcari, New Mexico 88401

http://www.epcaa.org

Homewise

1301 Siler Road, Santa Fe, New Mexico 87507

https://homewise.org/

Tierra Del Sol

210 E. Idaho Ave., Las Cruces, New Mexico 88055

https://tdshc.org/

Habitat for Humanity Santa Fe

2520 Camino Entrada Ste A, Santa Fe, New Mexico 87507

https://santafehabitat.org/

Habitat for Humanity White Sands

1109 E 10th St, Alamogordo, New Mexico 88310

https://www.habitat.org/us-nm/alamogordo/white-...

Habitat for Humanity Las Cruces

720 N Santa Fe St, Las Cruces, New Mexico 88001

https://www.lascruceshabitat.org/

Habitat for Humanity Taos

504 Salazar Road, Taos, New Mexico 87571

https://www.taoshabitat.org/restore

Habitat for Humanity Los Alamos

726 N Riverside Dr, Espanola, New Mexico 87532

https://www.habitat.org/us-nm/espanola/hfh-espa...

Habitat for Humanity Gallup

PO Box 1777, Gallup, New Mexico 87305

https://www.habitat.org/us-nm/gallup/hfh-gallup

Habitat for Humanity San Juan

726 N Riverside Dr, Española, New Mexico 87532

https://www.tresrioshabitat.com/

Habitat for Humanity Hobbs

2910 North Gantt Ave., Hobbs, New Mexico 88240

https://www.habitat.org/us-nm/hobbs/habitat-hum...

El Camino Real Housing Authority

301 Otero Ave E, Socorro, New Mexico 87801

http://elcaminorealhousing.org

Southwestern Regional Housing and Community Development

Corporation

119 E Pine St, Deming, New Mexico 88030

http://swnm.org
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 8 of 28

Santa Fe Community Housing Trust

1111 Agua Fria St, Santa Fe, New Mexico 87501

http://housingtrustonline.org

New Mexico Human Services Department

P.O. Box 2348, Santa Fe, New Mexico 87504

https://www.hsd.state.nm.us/

Has the Participant consulted with localities or tribal governments (cities, counties, or rural communities) in

its jurisdiction regarding the needs of eligible homeowners in its jurisdiction?

Yes

Has the Participant provided an opportunity for public input regarding its HAF Plan through public hearings

or published materials?

Yes

If yes, please indicate whether a proposed or draft plan was published, please describe where details about the

comment solicitation were posted, for how long, in what languages, and whether any efforts were made to

make the posting accessible to persons with disabilities or individuals without reliable internet access.

On May 13, 2021, MFA held two virtual public hearings on the Homeowner Assistance Fund.

During each hearing MFA presented information on eligible HAF activities and solicited

comments from members of the public. MFA advertised these hearings on its website, in an

e-mail blast to nearly 2,500 of MFA’s community partners and in statewide and regional

newspapers. In addition to providing information about the public hearings, the advertisements

also allowed for submission of comments in writing to MFA.

To solicit input on the draft plan, MFA held an initial 7-day public comment period in July 2021

and two virtual public hearings on May 13, 2021. Plan drafts were posted to the MFA website,

with paper copies available upon request. The public comment period, public hearings, and

information on how to access the draft plan were advertised on MFA’s website, in e-mail blasts

to nearly 2,500 of MFA’s community partners and on social media platforms Facebook, Twitter,

Instagram and LinkedIn. MFA held final 7-public comment period from September 14, 2021 to

September 21, 2021, the final draft plan was posted for review and MFA sent an email blast to

partners.

How Will the Participant Continue to Assess the Needs of Eligible

Homeowners?

Treasury anticipates that an ongoing process of assessing the needs of eligible homeowners will help address

the needs of potentially eligible homeowners as economic conditions change over time.

Does the Participant plan to update its assessment of community needs within the next year to determine

whether its HAF program design should be updated to address changing needs of potentially eligible

homeowners?

Yes

What additional data would be helpful to the Participant as it seeks to assess homeowner needs over time?
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 9 of 28

The Participant would find monthly delinquency and foreclosure data from servicers that

disaggregated borrowers delinquent since the pandemic that received HAF awards and

borrowers delinquent since the pandemic that did not received HAF awards to evaluate the

extent to which the Participant’s program mitigates continued delinquency and foreclosure. 

Other data the participant would find useful include data on mobile and manufactured home

loans and delinquencies and real estate contracts and delinquencies. 

Similarly, updated data from utility providers on homeowner delinquencies would be helpful in

understanding the need for this program design element over time.

Finally, foreclosure data from courts could be used to assess outreach efforts related to the

Foreclosure Prevention and Defense program design element.
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 10 of 28

Program Design

What are the Program Design Elements Through Which the Participant Will

Deliver HAF Assistance to Eligible Homeowners?

A program design element is a specific activity or program, which is consistent with a qualified expense

category, under which a Participant will disburse HAF funds in accordance with the HAF Plan. Please note

that multiple program design elements may fit under a single qualified expense category; for example, a

mortgage assistance program that has different terms for federally backed mortgages and manufactured-home

mortgages may constitute two separate program design elements, for which case the Participant provides a

separate term sheet or other description for each program design element. 

HAF participants must have at least one program design element intended to reduce mortgage delinquency

among targeted populations. Treasury encourages HAF participants to consider program design elements that

address homeownership preservation for targeted populations in areas where there is a sustained trend of

increasing property taxes or utility costs, including for households that do not have mortgages.

Please identify each qualified expense category in which the Participant will offer a program design element

by checking the boxes below.

mortgage payment assistance 

 mortgage principal reduction, including with respect to a second mortgage provided by a nonprofit

or government entity 

 payment assistance for homeowner’s utilities, including electric, gas, home energy, and water 

 payment assistance for homeowner’s insurance, flood insurance, and mortgage insurance 

 payment assistance for delinquent property taxes to prevent homeowner tax foreclosures 

 payment assistance for down payment assistance loans provided by nonprofit or government

entities 

 financial assistance to allow a homeowner to reinstate a mortgage or to pay other housing-related

costs related to a period of forbearance, delinquency, or default 

facilitating mortgage interest rate reductions 

 payment assistance for homeowner’s internet service, including broadband internet access service,

as defined in 47 CFR 8.1(b) 

 payment assistance for homeowner’s association fees or liens, condominium association fees, or

common charges 

 measures to prevent homeowner displacement, such as home repairs to maintain the habitability of

a home or assistance to enable households to receive clear title to their properties 
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 11 of 28

For each program design element that the Participant will offer, the Participant is required to upload a term

sheet or other description, that, at a minimum, provides the following information regarding that program

design element. Term sheets for all of Participant’s HAF programs may be uploaded together as one

document.

Title Upload Date

HAF_Plan_-_9_29_2021 12/6/2021 4:32 PM

HAF-Sample-Term-Sheets adjusted 12 6 2021 12/6/2021 4:32 PM

Homeownership Loan Reinstatement Program Term Sheet 9/20/2021 3:21 PM

Property Charge Default Resolution (Insurance) Term Sheet 9/20/2021 3:21 PM

New Mexico_HAF-0109_Feedback_response 12.6.2021 12/6/2021 4:32 PM

Property Charge Default Resolution (Taxes) Term Sheet 9/20/2021 3:21 PM

Homeownership Loan Payment Assistance Term Sheet 9/20/2021 3:21 PM

Utility Assistance Term Sheet 9/20/2021 3:21 PM

New Mexico_HAF-0109_Feedback_revised 1 4 2021 1/4/2022 3:48 PM

A HAF participant may elect to revise its HAF Plan over time to add or subtract program design elements.

Does the Participant anticipate adding additional program design elements to this HAF Plan within one year

of this submission?

No

Treasury has provided sample term sheets to assist HAF participants in developing their HAF plans.

Participants may use these sample term sheets, in whole or in part, as part of their submission. To the extent

the Participant intends to structure the program differently with respect to significant program terms

described in the Sample Term Sheets, Treasury will, in the course of its review of the HAF Plan, request a

justification for how the alternate approach will further the objectives of the HAF, including targeting and

prioritization requirements. In the chart below, the HAF Participant may provide a justification for significant

deviations from the terms described in the sample term sheets upon initial submittal. (optional for initial

submission)

Program

Design

Element

Deviation

from sample

terms

Justification

The following

language is

removed from

the

Participant

Reinstatement

Program

Term sheet:

“HAF funds

The Participant seeks supplement the loss mitigation process by

allowing funding of homeownership loan reinstatements prior to or

during loss mitigation for several reasons. The Participant seeks to

avoid stripping equity from eligible homeowners, which may be a

consequence of the loss mitigation process. This risk is especially true

for low-income families and families of color, whose progress in

wealth building through homeownership have been jeopardized by the

pandemic. This concern is particularly acute in New Mexico, which

has slower growth in home equity and lower incomes compared to
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 12 of 28

Homeownership

Loan

Reinstatement

Program

will be used

only to

supplement

other loss

mitigation

options

offered by the

servicer under

investor

requirements

or where,

without HAF

funds, the

homeowner

would not

qualify for

that loss

mitigation

option.”

The language

is replaced as

follows:

“Where loss

mitigation is

available,

HAF funds

may be used

to supplement

loss

mitigation.

Assistance

will be

available for

households

without

access to loss

mitigation or

that have

already

exhausted

loss

mitigation.

HAF funds

may also be

used prior to

or during the

loss

neighboring states and the nation. During the first quarter of 2021, the

national year over year change in home equity for homeowners with a

mortgage in New Mexico was $26,000, which is notably lower than

Utah ($53,000), Arizona ($51,000), Colorado ($47,000), and the

average American homeowner ($33,400) (CoreLogic Homeowner

Equity Insights). Further, 2% of home loans in New Mexico are in a

negative equity position. In some rural counties the rate exceeds 5%

(CoreLogic Market Trends). New Mexico is one of the poorest states

in the nation. According to American Community Survey data, our

poverty rate is 18% (compared to 13% in the U.S.) and our median

homeowner household income is $60,492 (compared to $79,270 in the

U.S.). The loss of this equity will have a significant impact on New

Mexican households, who do not have the incomes to build it back.

Additionally, the Participant believes it is further supplementing the

loss mitigation process by maxing out the cap on housing counseling

and legal services, which are the entities best suited to support

homeowners for the best loss mitigation outcome. 

Finally, the administrative burden of forcing applicants into the loss

mitigation process will likely result in concerning delays in remitting
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 13 of 28

mitigation

process.”

assistance and facilitating uniform coordination with homeownership

loan servicers is practically impossible.

Homeownership

Loan Payment

Assistance

Program

The following

eligibility

criteria is

removed from

the

Participant

Loan

Payment

Assistance

Program

Term sheet: 

“Statement of

the

homeowners’

current ability

to resume any

required

regular

payments

after account

is reinstated

(OR) Ability

to resume any

required

regular

payments

with

assistance

from Grantee

Mortgage

Payment

Assistance

Program.” 

Instead, the

Participant

will conduct a

cost ratio as

described in

the

corresponding

Term Sheet.

The Participant chose to remove this language because the assistance

will provide households a measure against displacement while

engaging with servicers or arranging a plan to resume regular

payments.

The Participant included the cost ratio to demonstrate that the applicant

is housing cost burdened and therefore in the need of ongoing

assistance.

Finally, the Participant will offer housing counseling services to

applicants through the proposed Foreclosure Prevention and Defense

Program intended to assist households achieve affordable and

sustainable housing costs.

The following

language is

removed from

the

Participant

Monthly
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 14 of 28

Homeownership

Loan Payment

Assistance

Program

Term sheet: 

“HAF funds

will only be

used to

supplement

other loss

mitigation

measures

offered by the

servicer or

where HAF

funds are

necessary for

the

homeowner

to qualify for

other such

loss

mitigation

measures.”

The language

is replaced as

follows:

“Where loss

mitigation is

available,

HAF funds

may be used

to supplement

loss

mitigation.

Assistance

will be

available for

households

without

access to loss

mitigation or

that have

already

exhausted

loss

mitigation.

HAF funds

may also be

used prior to

or during the

As one of the poorest states in the nation (New Mexico’s poverty rate

is 18%, and the median household income for homeowners of

$60,492), the Participant seeks to urgently deploy homeownership loan

payment assistance to eligible homeowners. The Participant seeks to

reduce program barriers and complexities, such as requiring assistance

supplement loss mitigation where possible, that could cause delays in

funding remittance and consequently result in unnecessary

delinquencies, foreclosures, and/or financial stress. 

National surveys and local partners have evidenced that many

households have prioritized housing payments during the pandemic by

tapping into savings, borrowing from families, or relying on credit

cards (AP-NORC Center for Public Affairs Research. March 9, 2021.

“Americans Experiencing Contrasting Financial Impacts of the

Pandemic.”). Providing homeownership loan payment assistance will

offer immediate relief to eligible households and potentially preserve

loss mitigation options in the event of future financial hardship.
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 15 of 28

Assistance

Program

loss
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 16 of 28

mitigation

process.”

Homeownership

Loan Payment

Assistance

Program

The following

language is

removed from

the

Participant

Monthly

Assistance

Program

Term sheet:

No additional

forbearance

available.

The Participant seeks to urgently deploy homeownership loan payment

assistance to eligible homeowners. The Participant intends to reduce

program barriers and complexities, such as requiring assistance

supplement loss mitigation where possible, that could cause delays in

funding remittance and consequently result in unnecessary

delinquencies, foreclosures, and/or financial stress.

Providing homeownership loan payment assistance without verifying

that no additional forbearance is available will offer immediate relief to

eligible households and potentially preserve loss mitigation options in

the event of future financial hardship.

Where loss mitigation, including forbearance, is available, HAF funds

may be used to supplement loss mitigation. Assistance will be

available for households without access to loss mitigation or that have

already exhausted loss mitigation. HAF funds may also be used prior

to or during the loss mitigation process.

Documentation of Homeowner Income

Homeowners are eligible to receive amounts allocated to a HAF participant under the HAF only if they have

incomes equal to or less than 150% of the area median income or 100% of the median income for the United

States, whichever is greater. In addition, not less than 60% of amounts made available to each HAF

participant must be used for qualified expenses that assist homeowners having incomes equal to or less than

100% of the area median income or equal to or less than 100% of the median income for the United States,

whichever is greater. The HAF guidance describes permissible ways for HAF participants to determine

homeowner income.

Under the HAF guidance, one permissible approach for determining income is for (1) the household to

provide a written attestation as to household income and (2) the HAF participant to use a reasonable

fact-specific proxy for household income, such as reliance on data regarding average incomes in the

household’s geographic area. Will the Participant allow income to be determined in this way?

No

Under the HAF guidance, HAF participants may provide waivers or exceptions to this documentation

requirement as reasonably necessary to accommodate extenuating circumstances, such as disabilities,

practical challenges related to the pandemic, or a lack of technological access by homeowners; in these cases,

the HAF participant is still responsible for making the required determination regarding household income

and documenting that determination. Will the Participant allow applicants to request such waivers or

exceptions?

Yes

Eligible Mortgage Types

Please indicate which of the following mortgage types are eligible to be assisted under one or more of the

Participant’s program design elements.
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 17 of 28

 First Mortgages 

 Reverse Mortgages (Home Equity Conversion Mortgages, Single-Purposes Reverse Mortgages, or

Proprietary Reverse Mortgages) 

 Contracts for Deed or Land Contract (if it is a credit transaction secured by a consensual security

interest in a dwelling) 

 Second Mortgages 

 Loans Secured by Manufactured Housing (secured by real estate or dwelling) 

If the Participant excludes any of the forgoing mortgage types from one or more program design elements,

explain the exclusion.

All are allowable.

How Will the Participant Target HAF Resources Consistent with Statutory

Requirements? 

The Participant must describe how it will target HAF resources in accordance with the HAF guidance.

Targeting strategies are affirmative efforts to inform, encourage the participation of, and facilitate access to

resources for targeted households, including by offering multiple intake formats, engaging with nonprofit

organizations (e.g., housing counselors or legal services organizations) to provide additional pathways into

the program, and providing community outreach, partnerships with housing counseling agencies or legal aid

organizations, or other educational services that are aligned with the HAF participant’s program design, in a

manner that is culturally and linguistically relevant to the targeted communities.

Defining Socially Disadvantaged Individual

Please describe the process the Participant will use to determine whether a homeowner is a “socially

disadvantaged individual” as defined in the HAF guidance.

The Participant will determine whether a homeowner is “socially disadvantaged” based on data

captured through the program application, including race, ethnicity, and county, in addition to

household size and income. These homeowner attributes will allow for prioritization of funding

as required by the Treasury. 

At its discretion the Participant will rely on a homeowners’ address to determine if the

homeowner resides in a persistent poverty county. The Participant will draw on the most recent

data reporting persistent poverty counties (

https://www.mycdfi.cdfifund.gov/what_we_do/persistentpoverty.asp) and will update persistent

poverty county designations once data from the 2020 census is released.

Public Communications

Will the Participant engage in a public communications campaign to raise awareness among targeted

populations about the availability of HAF resources, in media such as television, newspapers, online media,

or social media?

Yes
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 18 of 28

If yes, please indicate whether the public communications campaign will include communications that

primarily target the following populations:

 Homeowners earning less than 100% of area median income 

 member of a group that has been subjected to racial or ethnic prejudice or cultural bias within

American society; 

 resident of a majority-minority Census tract; (3) 

 resident of a U.S. territory, Indian reservation, or Hawaiian Home Land 

 homeowners in persistent poverty counties; 

 individual with limited English proficiency 

Please indicate in which languages, in addition to English, public communications to targeted populations

will be undertaken:

Spanish; Vietnamese

Outreach

Will the Participant engage in outreach through partnerships with organizations that focus primarily on

serving homeowners earning incomes below 100% of area median income or socially disadvantaged

individuals and that have the capacity to engage targeted communities in a culturally and linguistically

relevant manner to encourage the submission of applications for HAF resources from targeted populations?

Yes

If yes, please indicate whether the community outreach efforts will include partnerships with organizations

that primarily target the following populations:

 member of a group that has been subjected to racial or ethnic prejudice or cultural bias within

American society; 

 resident of a majority-minority Census tract; (3) individual with limited English proficiency; 

 resident of a U.S. territory, Indian reservation, or Hawaiian Home Land;

 homeowners that reside in persistent poverty counties; 

 individual with limited English proficiency. 

Housing Counseling and Legal Services

Will the Participant facilitate access for eligible households to housing counseling or legal services?

Yes

If yes, please identify below the providers of housing counseling or legal services that have indicated to the

Participant that they are willing and able to support homeowners receiving assistance under the Participant’s
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 19 of 28

HAF programs. 

Provider Name 

Provider Address 

Provider Website

Provider

Primarily

Serves

LMI

Households

Provider

Addresses

Impact of

Housing

Discrimination

United South Broadway Corp.

1500 Walter Street SE , Albuquerque, New Mexico 87102

https://www.unitedsouthbroadway.org/

Senior Citizens Law Office

4317 Lead Avenue SE Suite A, Albuquerque, New Mexico 87108

http://sclonm.org/

New Mexico Legal Aid

505 Marquette Ave NW , Albuquerque, New Mexico 87102

https://www.newmexicolegalaid.org/

Targeting specific groups of homeowners

Will the Participant conduct outreach specifically tailored to target potentially eligible households that:

 have mortgages or mortgage assistance contracts held or backed by the Participant? 

 have mortgages backed by any of the following agencies: Federal Housing Administration;

Department of Veterans Affairs; U.S. Department of Agriculture? 

 have privately held mortgages? 

What Efforts will be Made to Address Barriers to HAF Program Participation for

Potentially Eligible Homeowners, Including Those with Limited English

Proficiency or Who are Disabled?

Targeted outreach may be needed to reach homeowners who are likely to experience barriers to access,

including persons with limited English proficiency and those with disabilities.

Indicate all of the languages, in addition to English, in which the Participant’s HAF application and other

program documents will be made available.

Spanish; Vietnamese

Will the Participant’s HAF applications and other program documents be provided in forms that are

accessible to persons with disabilities?

Yes
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 20 of 28

Performance Goals

Treasury will consider the goals and benchmarks the Participant proposes to use to measure the effectiveness

of its programs, including whether those goals address the homeowner needs identified by the Participant, the

extent to which the goals are disaggregated by key homeowner characteristics as appropriate for the

jurisdiction, and whether they include a goal focused on reducing mortgage delinquency.

Please describe Participant’s goals and benchmarks for each of its programs with the following program

design elements.

Program Design

Element Metric of Success Goal

Mortgage Payment

Assistance

Number of households that receive at least one

month of homeownership loan payment

assistance

Assist 700 households with at

least one monthly housing cost

payment

Mortgage

Reinstatement

Number of households that receive assistance to

fully or partially reinstate mortgages

Assist 1,300 households to fully

or partially reinstate housing

cost delinquency

Payment Assistance

for Homeowners

Utilities

Number of households that receive assistance

for utilities (e.g., electric, gas, home energy, and

water)

Assist 5,000 households with

utility payments

Payment Assistance

for Homeowner’s

Insurance

Number of households that receive assistance

for homeowner’s insurance, including flood

insurance.

Assist 750 households with

homeowner’s insurance charges

Payment Assistance

for Delinquent

Property Taxes

Number of households that receive assistance

for delinquent property taxes to prevent

homeowner tax foreclosures

Assist 175 households with

delinquent property tax charges
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 21 of 28

Readiness

Staffing, Systems and Contractors 

Treasury seeks information regarding the Participant’s organizational capacity to implement its HAF Plan.

Does the Participant anticipate needing to hire additional staff to implement this HAF Plan?

No

Does the Participant anticipate significant information technology system upgrades to implement this HAF

Plan?

Yes

Does the Participant have policies or procedures that govern the implementation of each HAF program

design element described in this HAF Plan?

No

If no, is a policy and procedure in development for each HAF program design element described in this HAF

Plan?

Yes

Will the Participant use HAF funds to assist eligible households through a program that was operational

before the Participant first received HAF funds?

Yes

If yes, has the documentation for that pre-existing program been adapted to HAF requirements (please

answer yes if the pre-existing program already complied with HAF program requirements)?

Yes

Will the Participant use any third-party contractor or partner to conduct program administration (such as

reviewing applications, determining eligibility, processing payments, conducting reporting, and reviewing

compliance) for some or all of the Participant’s HAF programs?

No

Use of Initial Payment

If the Participant has already received any HAF funds from Treasury, provide the following information

about the use of such funds as of June 30, 2021.
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What amount of the HAF funds that the Participant has received been disbursed to eligible homeowners?

$4,335,393.59

Has the Participant begun accepting applications from homeowners for any HAF-funded programs?

Yes

How much of the HAF funds that the Participant has received been obligated?

$5,517,268.00

How many households have applied for HAF assistance?

1,620

How many households has the Participant provided with housing counseling or legal services using HAF

funds?

0

How many households has the Participant provided with assistance using HAF funds?

866

Provide a brief description of how the Participant has used the HAF funds it has received.

On May 18, 2021, MFA launched a Homeowner Assistance Fund pilot program (HAF Pilot

Program) to provide mortgage, real estate contract, mobile home loan, mobile home lot, property

tax and homeowner’s insurance assistance, to eligible homeowners who are delinquent on their

payments. Homeowners must have a household income at or below 100% of the area median

income. The program provided a maximum of $10,000 of housing assistance per household and

serves eligible households statewide. The program stopped accepting applications on August 16,

2021 due to the newly issued Treasury Guidance and to ensure the Participant did not

oversubscribe the HAF Participant pilot program (10% of total allocation).
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 23 of 28

Budget

Budgeting of HAF Funds by Program Design Element 

Specify the amounts of HAF funds that the Participant proposes to allocate to each of the following program

design elements, if offered:

Measure Amount

Mortgage Payment Assistance $12,250,000.00

Mortgage Principal Reduction $0.00

Payment Assistance for Homeowner’s Internet Service $0.00

Payment Assistance for HOA fees or liens $0.00

Payment Assistance for Delinquent Property Taxes $490,000.00

Mortgage Reinstatement $22,155,000.00

Facilitate Mortgage Interest Rate Reduction $0.00

Payment Assistance for Homeowner’s Insurance $105,000.00

Payment Assistance for Down Payment Assist. Loans $0.00

Payment Assistance for Homeowners Utilities $5,270,296.00

Other measures to prevent homeowner displacement

Measure Amount

HAF Pilot Program $4,671,917.00

Displacement Prevention Sub-Total $44,942,213.00

Counseling or Legal Services

The Participant may allocate up to 5% of its HAF funds for counseling or educational efforts by housing

counseling agencies approved by the Department of Housing and Urban Development or a tribal government,

or legal services, target to households eligible to be served with funding from the HAF related to foreclosure

prevention or displacement.
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 24 of 28

Specify the Participant’s allocations for the following Amount

Counseling or Educational Services $2,091,475.50

Legal Services $697,158.50

Services Sub-Total $2,788,634.00

Reimbursement of Funds Expended After January 21, 2020

As described in the HAF guidance, HAF funds may be used for reimbursement of certain expenses between

January 21, 2020 and the date when the first HAF funds are disbursed by the HAF participant under the HAF

for a qualified expense (with certain limitations, as set forth in the HAF guidance).

Type of Expense Amount

We do not anticipate this issue at this time. $0.00

Reimbursement Sub-Total $0.00

Allocation of Administrative Expenses

Type of Expense Amount

Salaries for program management and compliance - 5 years $3,646,693.00

Legal compliance costs - 5 years $25,847.00

Supplies - Utility Assistance Program - 5 years $15,650.00

Public Information / Marketing Materials $825,000.00

Software $460,000.00

Benefits $1,739,584.00

Indirect Costs $483,712.00

Admin for Pilot Program launched May, 2021 $845,351.00

Administrative Expenses Sub-Total $8,041,837.00

Total Plan Requested Amount $55,772,684.00
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 25 of 28

Amount Requested Confirmation:

Yes
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 26 of 28

Contacts

Please identify up to three contacts for the Participant- a primary contact, a designated point of contact for

reporting, and an additional contact.

Primary Contact

Name: Rebecca Velarde

Agency/Office: New Mexico Mortgage Finance Authority

Email: rvelarde@housingnm.org

Phone Number: 5057672273

Reporting Contact

Name: Robyn Powell

Agency/Office: New Mexico Mortgage Finance Authority

Email: rpowell@housingnm.org

Phone Number: 5057672271

Additional Contact

Name: Donna Montoya Trujillo

Agency/Office: New Mexico Department of Finance and Administration

Email: donnam.trujillo@state.nm.us

Phone Number: 5053403398

Proprietary or Otherwise Non-Public Information

Does your plan submission include any information or materials that are proprietary or otherwise non-public?

No

If "Yes," please indicate which information or materials are proprietary or otherwise non-public.
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 27 of 28

Title VI Assurances

You must provide on behalf of the HAF Participant assurances that the HAF Participant will comply with

Title VI of Civil Rights Act of 1964. Please download the assurances, then review, sign, and upload the

signed copy to this page before submitting the HAF Plan.

Title Upload Date

20210924110851 9/24/2021 1:16 PM
HAF Grantee Plan - HAFP-0109 -State of New Mexico - Extracted 02/15/2022 21:58:32 Page 28 of 28

Official Certification

I (the undersigned) certify that the information provided in the HAF submission is accurate and complete

after reasonable inquiry of people, systems, and other information available to the HAF Participant. The HAF

participant and I acknowledge that any materially false, fictitious, or fraudulent statement or representation

(or concealment or omission of material fact) in this submission may be the subject of criminal prosecution

under the False Statements Accountability Act of 1996, as amended, 18 U.S.C. § 1001 and also may subject

me and HAF Participant to civil penalties and/or administrative remedies for false claims or otherwise,

(including 31 U.S.C. §3729 et seq.). I am an authorized representative of HAF Participant with authority to

make the above certifications and representations on behalf of the HAF Participant.

Name of HAF Participant:

State of New Mexico

Name and Title of Certifying Official

Name: Deborah Romero

Title: NM Dept. of Finance and Administration Cabinet Secretary

Telephone: 5058274985

Email: debbie.romero@state.nm.us