HOME Rehabilitation Program Notice of Funding Availability (NOFA)
The HOME Rehabilitation Program NOFA by New Mexico Mortgage Finance Authority funds essential repairs and scientific hazard mitigation for owner-occupied homes of income-eligible New Mexicans.
Funder: New Mexico Mortgage Finance Authority
Due Dates: Rolling (open until funds are exhausted)
Funding Amounts: Up to $200,000 per project; minimum $1,000 per unit; administrative costs up to 5% of award; total program funding for 2026/2027 is $6,006,497.
Summary: Provides funding to service providers for essential home repairs and rehabilitation for income-eligible homeowners across New Mexico.
Key Information: Only organizations (not individuals) may apply; projects must meet strict eligibility and property standards.
Description
The HOME Rehabilitation Program, administered by the New Mexico Mortgage Finance Authority (Housing New Mexico), uses federal HOME Investment Partnerships Program funds to support the rehabilitation and repair of owner-occupied homes for income-eligible households throughout New Mexico. Funding is available to qualified service providers (subrecipients) — including nonprofits, governmental agencies, housing authorities, and tribal entities — to deliver essential, non-luxury repairs and improvements that address health, safety, accessibility, and code compliance.
The program aims to preserve affordable housing, improve living conditions, and ensure homes are safe, decent, and sustainable for low- and moderate-income homeowners. The program covers a broad range of eligible activities, including structural repairs, system replacements (plumbing, electrical, HVAC), accessibility modifications, and environmental hazard mitigation (lead, asbestos, radon).
