On Thursday, March 4, 2021, MFA will begin accepting applications for the COVID-19 Housing Cost Assistance Program. The program offers grants to cover housing costs to ensure that households maintain their housing and/or to reduce delinquency caused by the COVID-19 health crisis.
The COVID-19 Housing Cost Assistance Program is available to New Mexico households earning 80 percent or less of the median income for their area, and to households of all incomes living on tribal lands in New Mexico. A complete list of income limits can be found here. Applicants must certify that they have had a financial hardship related to the COVID-19 health crisis.
MFA will make payments directly to landlords, servicers, escrow companies and other housing providers on behalf of eligible applicants to cover rental, mortgage, real estate contract or mobile/manufacture home payments. Recipients can expect as much as $1,500 per month for up to three consecutive months applied to be applied to their accounts. The grant does not need to be repaid. Electronic application will go live on MFA’s website at 8 a.m. Thursday, March 4, 2021.
A link to an electronic application will be live on MFA’s website on March 4, 2021. Paper applications may be requested by calling 505.308.4206 or 866.488.0498.
Applications will be ranked based the date and time the application was received. Current housing cost documentation will be required. Applications will be received until further notice.