Microsoft Word - Program Guide - Long Term Program1

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NewMexicoHomeownerAssistanceFund

ProgramManualandTermSheets

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NMHomeownerAssistanceFundManual

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Contents

Section1‐Introduction....................................................................................................................................1

AmericanRescuePlanAct............................................................................................................................1

NewMexicoHomeownerAssistanceFund..................................................................................................1

Section2‐EligibleUseofFunds.......................................................................................................................1

ReinstatementandLossMitigation..............................................................................................................1

PaymentAssistance......................................................................................................................................2

HousingCostAssistanceTaxes.....................................................................................................................2

HousingCostAssistanceInsurance..............................................................................................................2

Section3‐Program

MarketingandOutreach..................................................................................................2

Section4‐GeneralEligibilityRequirements....................................................................................................3

COVID19Impact..........................................................................................................................................3

IncomeRequirements..................................................................................................................................3

NewMexicoResidency.................................................................................................................................5

HousingCostsandDelinquency...................................................................................................................6

ConformingLoanLimits................................................................................................................................6

Section5‐AdditionalEligibilityRequirements.................................................................................................6

ReinstatementandLossMitigation

Assistance............................................................................................6

PaymentAssistance......................................................................................................................................7

Section6‐IncomeEligibility.............................................................................................................................8

AnnualIncomeLimits...................................................................................................................................8

Section7‐RequiredDocu mentation...............................................................................................................8

HouseholdIncomeDocumentation.............................................................................................................9

ResidencyDocumentation...........................................................................................................................9

HousingCostAssistanceNeedDocumentation...........................................................................................9

ThirdPartyphoneverification....................................................................................................................10

DocumentationfromPrivateHousing

Providers.......................................................................................10

AcceptableDo cumentationforextenuatingcircumstances......................................................................10

Section8‐D uplicationofBenefits.................................................................................................................10

Section9‐ApplicationProcessingandSelection...........................................................................................10

IntakeandAssessmentProcess..................................................................................................................11

AvailabilityofApplications....................................................................................................................11

Applicationranking...................................................................................................................................11

NMHomeownerAssistanceFundManual

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ApplicationDate/Time...............................................................................................................................11

IncomeTargeting........................................................................................................................................12

SociallyDisadvantagedIndividuals........................................................................................................12

Appeals.......................................................................................................................................................12

Section10‐Additional ProgramGuidelinesandRequirements....................................................................12

RecertificationProcessforOngoingPaymentAssistance..........................................................................12

FalseClaims................................................................................................................................................13

ApplicantConfidentiality............................................................................................................................13

Nondiscrimination......................................................................................................................................13

ConflictofInterest......................................................................................................................................

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ProgramGuidelinesChangesorModifications..........................................................................................13

Exhibit1–TermSheets....................................................................................................................................1

HomeownershipLoanReinstatement/LossMitigationProgram............................................................1

HomeownershipLoanPaymentAssistance.............................................................................................4

PropertyChargeDefaultResolution(Insurance).....................................................................................7

PropertyChargeDefaultResolution(Taxes)............................................................................................9

Exhibit2‐PaperApplication.............................................................................................................................1

Exhibit3‐

ProgramParticipation‐PaymentAcceptance Agreement................................................................1

Exhibit4‐VerificationofIncomeand/orReductionofHours/PayForm........................................................1

Exhibit5‐AuthorizationtoReleaseInformationtoThirdParty......................................................................1

Exhibit6–IncomeLimits..................................................................................................................................1

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NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 1

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Section1‐Introduction

AmericanRescuePlanAct

OnJanuary21,2020,theCentersforDiseaseControlandPrevention(CDC)confirmedthefirstcaseintheUnited

StatesofacoronavirusknowncommonlyreferredtoasCOVID‐19.Thenationcontinuestofacesignificantpublic

healthandeconomicchallengesrelatedtoCOVID‐19.

The U.S. Department of the Treasury

 (Treasury) Homeowner Assistance Fund (HAF) was  established under

section 3206 of the American Rescue Plan Act of 2021 to mitigate financial hardships associated with the

coronaviruspandemicbyprovidingfundstoeligibleentitiesforthepurposeofpreventinghomeownermortgage 

delinquencies, defaults,foreclosures,and displacements  ofhomeownersexperiencingfinancialhardship

after

January21,2020,throughqualifiedexpensesrelatedtomortgage s andhousing.

TheStateofNewMexicoreceivedanallocationintheamountof$55,772,684undertheHomeownerAssistance

Fund.MFA hasbeen contracted bytheState to administerhousingcostassistanceprogra ms  whichwillassist

homeownerswithhousingrelatedcosts

includingloanreinstatement,monthlypaymentassistance,homeowner

taxesandhomeownerinsurance.TheStateofNewMexicoisprovidingutilityassistancewithHAFfundingunder

aseparateprogram

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NewMexicoHomeownerAssistanceFund

The New Mexico Homeowner Assistance Fund (HAF) provides housing grants to income‐eligible households

experiencingfinancialhardshipassociatedwiththeCOVID‐19healthcrisis.

Thesegrantsarehousingassistancepaymentsmadeonbehalfofincome‐eligiblehomeownersupto$20,000per

household,tomaintainhousingand/ortoreducehousingcostdelinquency

associatedwiththeCOVID‐19health

crisis.Awardamountisbasedofftheactualcostsnottoexceedthehouseholdmaximum.

HAF funds will be used for housing assistance payments on behalf of income‐eligible homeowners whose

householdshaveexperiencedfinancialhardshipassociatedwiththeCOVID‐19healthcrisis.Qualified

expenses

are for the purpose of preventing homeowner mortgage delinquencies, homeowner mortgage defaults,

homeownermortgageforeclosures,anddisplacementsofhomeownersexperiencingfinancialhardship. 

Section2‐EligibleUse ofFunds

TheHAFprogramallowsforthefollowingeligibleusesoffunds.Eligibleuseoffundsincludereinstatement,loss

mitigation assistance, monthly payment assistance, delinquent property tax assistance, and delinquent

homeownerinsuranceassistanceasdescribedbelowandinthepr ogramTermSheets.

ReinstatementandLossMitigation

TheHomeownershipLoanReinstatementProgramwillprovideup$20,000perhouseholdtoreduceoreliminate

homeownershipcostdelinquencies.

HAFFundsmaybeusedtobringtheaccountfully current,withnoremainingdelinquentamounts,andtorepay

amountsadvancedbythelenderorservicerontheborrower’sbehalfforpropertycharges,

includingproperty

taxes, hazard insurance premiums, flood or wind insurance premiums, ground rents, condominium fees,

cooperativemaintenance fees,planneduni t develo pmentfees, homeowners’ association feesorutilitiesthat

theserviceradvancedtoprotectlienposition.Paymentmayalsoincludeanyreasonablyrequiredlegalfees.HAF

Fundsmaybeusedfor

apartialreinstatementifthefull reinstatementamountexceedstheho useholdmaximum.

Homeownerswhoareworkingwiththeirloanservicertocompletelossmitigationwillhavetheopportunityto

incorporateHAFintotheirdefaultresolutionasallowedbyservicerproceduresandinvestorguidelines.Funds

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Forassistancewithutilitypayments,visitwww.renthelpnm.org.

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 2

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can be applied toa  lump sumreinstatementorfor principal reduction. HAF funds maybeusedtoreimburse

partialclaimliensafterlossmitigation,asallowedforbyservicerandinvestorguidelines.

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.

PaymentAssistance

The Homeownership Loan Payment Assistance program will provide payment assistance  to homeowner

householdsstrugglingtomakemortgageorhomeownershiploanpaymentsduetofinancialhardshipassociated

withtheCoronaviruspandemic.

HousingCostAssistanceTaxes

The Property Charge Default Resolution (Taxes)  program will provide up $2 0,000 per household to resolve

delinquent property taxes that threatens a homeowner’s ability to sustain ownership of the property.This

programisintendedtoassistwithpropertytaxesoutsideofahomeownershiploanescrowornotcoveredunder

theHomeownershipLoan

ReinstatementprogramorHomeownershipLoanPaymentAssistanceprogram(which

willalsopaypropertychargesassociatedwithhomeownershiploanescrows).

Eachhouseholdmayreceivefundingforuptothreeyearsofdelinquenttaxes.Fundsmayalsobeused topay

propertytaxescomingdueinthe90day s followinghouseholdapplication

approval.

HousingCostAssistanceInsurance

ThePropertyChargeDefaultResolution(Insurance)programwillprovideup$20,000perhouseholdtoresolve

propertychargedefaultthatthreatensahomeowner’sabilitytosus tainownershipoftheproperty.Thisprogram

isintendedtoassistwithpropertyinsurancechargesoutside ofahomeownershiploanescrowornotcovered

undertheHomeownership

LoanReinstatementprogramorHome ownershipLoanPaymentAssistanceprogram

(whichwillalsopaypropertychargesassociatedwithhomeownershiploanescrows).

HAFFundsmaybeusedtopaypastduepropertyinsurancepremiumsthatthreatensustainedownershipofthe

propertyandmustbebrou ghtcurrentbyprogramassistanceorresolvedconcurrently

withtheprogramdesign

elementprovidingassistance.

Each household may receive funding for up to three years for insurance premiums  including force placed

insurance. Funds may also be used to pay property  insurance charges coming due in the 90 days foll owing

householdapplicationapproval.

Section3‐Prog ramMarketingandOutreach

MFA will 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.

TheHAFoutreachandmarketingcampaignwillincludebothtraditionalmediaandgrassrootsmarketingefforts.

Thetraditiona l mediaarmofthe campaignwillserve asamechanismtospreadawarenessaroundHAFandthe

availablefunds/resourcesforNewMexicofamilies.Traditionalmediaincludes,butisnot

limitedto,broadcast

andcabletelevision,digitalmarketing,socialmedia,andpri ntadvertising(newspaper,magazine).

Themediacampaignwillutilizedatatoregularlyadaptcampaignmessages,placement,andtacticstoensureit

iseffectivelyreachingtargetaudiencesandimplementingappropriatetechnologies andfindings.Theca mpaign

willoptimizetowardshighestperforming

audiencesegmentation,creativemessaging,andtacticalapproaches.

Onanongoingbasis,thecampaignwill:1)reviewapplicants'demographiccharacteristicsandareasofresidence

to determine whether applicants are representative of eligible populations and 2) employ new outreach and 

marketingstrategiesasnecessary.

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 3

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Anon‐paidgrassrootsoutreachcampaignandcommunityengagementactionswillbevitaltacticsinprompting

applicantstostartandcompletetheHAFapplicationprocess.MFAwillcultivateandresourcetrustedmessengers

inlocal,nonprofit,andcivicorganizationstoengageandsupportapplicantsintheapplicationprocess.

Additionally,throughaseries

oftrainingsessions,thecampaignwillestablishpartnershipswithhousingagencies,

legal aid organizations, and educational organizations to utilize trusted messengers to spread awareness and

supportapplicantsinthehousingassistanceprocess.Thesetacticswillexpandthereachofthecampaign,while

concurrentlyshorteningthedistancebetweenpotential participan tsand

trustedmessengers.

While all eligible homeowners will be encouraged to apply, the campaign will leverage centralized outreach

sourceswheremanyhouseholdscanbereachedwithexistingcommunications.Thisincludesthosehomeowners

whohavemortgagesthroughexistingState,Federal,andlocalprogramsthattargetlow‐andmoderate‐income

borrowers.Thecampaignwill

providecustommaterialsfortheirspecificoutreachneeds.

All associated marketing and outreach efforts will be conducted in both English and Spanish. Some outreach

supportwillbeprovidedinlessfrequentbutpresentlanguages suchasVietnamese.

Section4‐Gene ralEligibilityRequirements 

Applicant’seligibilityforthehomeownerassistanceprogramsshallbedetermineduponsubmissionofa

completedProgramApplicationwithallrequiredinformationanddocuments.Inordertogeneratean

application,householdsmustmeetthefollowingGeneralEligibilityRequirements.Eachprogramelementis

administeredindependentlyandmayhaveadditiona l programspecific eligibilitycriteria.



COVID19Impact

Tobeeligibleforassistance,eachapplicantmustattestthat  theirhousehold experiencedafinancial hardship

afterJanuary21,2020associatedwiththeCOVID‐19pandemicsuchas:

a. Jobloss;

b. Jobfurlough;

c. Closureofplaceofemployment;

d. Wagereduction;

e. Reductioninself‐employmentcompensation;

f. Job

lossand/orwagereductionduetorequirementtobequarantinedbasedonadiagnosisof

COVID‐19;

g. Increasedexpenditures associatedwiththeCOVID‐19healthcrisis;or

h. Otherpertinentcircumstancesleadin gtofinancialhardship.Determinationofotherpertinent

circumstancesoffinancialhardshipwillbemadebyprogramstaff.

IncomeRequirements

Tobeeligible forassistance,eachapplicantmustprovideincomedocumentation and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.

Householdincomeeligibilityis based on thefollowing:

a. Thetotalnumberof

peopleinthehous ehold; and

b. The total amount of current annual household income as stated in the Program Application and 

confirmedbysupportingdocumentation.

Annualincomemeansallamounts,monetaryornot,which:

1. Go to, or on behalf of, the family hea d or spouse (even if temporarily absent)

or to any other family

member;or

2. Areanticipatedtobereceivedfromasourceoutsidethefamilyduringthe12‐monthperiodfollowing

admissionorannualreexaminationeffectivedate;and

3. Whichareno tspecificallyexcludedbel o w.

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 4



4. Annual income also means amounts derived (during the 12‐month period) from assets to which any

memberofthefamilyhasaccess.

Annualincomeincludes,butisnotlimitedto:

1. Thefullamount,beforeanypayrolldeductions,ofwagesandsalaries,overtimepay,commissions,fees,

tipsandbonuses,and

othercompensationforpersonalservices;

2. Thenetincomefromtheoperationofabusiness orprofession.Expendituresforbusinesse xpansionor

amortization of capital indebtedness shall not be used as deductions in d etermining net income. An

allowancefordepreciationofassetsusedinabusinessorprofessionmaybe

deducted, basedonstraight

linedepreciation, asprovidedinIn ternalRevenueServiceregulations.Anywithdrawalofcashorassets

from the operation of a business or profession will be included in income, except to the extent the

withdrawalisreimbursementofcashorassetsinvestedintheoperationbythefamily;



3. Interest,dividends,andothernetincomeofanykindfromrealorpersonalproperty.Expenditures for

amortization of capital indebtedness shall not be used as deductions in determining net income. Any

withdrawalof cashor assets froman investmentwillbeincluded inincome,excepttotheextent the

withdrawalisreimbursem entofcashorassetsinvestedbythefa mily.Wherethefamilyhasnetfamily

assetsinexcessof$5,000,annualincomeshallincludethegreateroftheactualincomederivedfromall

netfamilyassetsorapercentageofthevalueofsuchassetsbasedonthecurrent

passbooksavingsrate,

asdeterminedbyHUD;

4. The full  amount of periodic amounts received from Social Security, annuities, insurance policies,

retirement funds, pensions, disability or death benefits, and other similar types of periodic receipts,

includingalump‐sumamountorprospectivemonthlyamounts forthedelayedstartofa

periodicamount

(exceptasprovidedinparagraph(c)(14)ofthissection);

5. Payments in lieu of earnings, such as unemployment and disability compensation, worker's

compensationandseverancepay(exceptasprovidedinparagraph(c)(3)ofthissection); 

6. WelfareassistancepaymentsmadeundertheTemporaryAssistanceforNeedyFamilies(TANF)program



areincludedinannualincomeonlytotheextentsuchpayments:

a. QualifyasassistanceundertheTANFprogramdefinitionat45CFR260.31;and

b. Arenototherwiseexcludedbelow.

c. Ifthewelfareassistancepaymentincludesanamountspecificallydesignatedforshelterandutilities 

thatissubje c tto

adjustmentbythewelfareassistanceagencyinaccordancewiththeactualcostof

shelterandutilities,theamountofwelfareassistanceincometobeincludedasincomeshallconsist

of:

o Theamountoftheallowanceorgrantexclusiveoftheamountspecificallydesignatedforshelter

orutilities;plus

o The

 maximum amount that the welfare assistance agency could in fact allow the family for

shelter and utilities. If the family's welfare assistance is ratably reducedfrom the standard of

needbyapplyingapercentage,theamountcalculatedunderthisparagraphshallbetheamount

resultingfromoneapplicationofthe

percentage.

7. Periodic and determinable allowances ,  such as alimony and child support payments, and regular

contributionsorgiftsreceivedfromorganizationsorfrompersonsnotresidinginthedwelling;

8. All regular pay, special pay and allowances of a memberof the Armed Forc es  (except as excluded in

number6below.



Annualincomedoesnotincludethefollowing:

1. Incomefromemployme ntofchildren(includingfosterchildren)undertheageof18years;

2. Payments received for the care of foster children or foster adults (usually persons with disabilities,

unrelatedtothetenantfamily,whoareunabletolivealone);

Lump‐sum additions to family assets, such as inheritances, insurance payments (including payments

under health and accident insurance and worker's compensation), capital gains and settlement for

personalorpropertylosses(exceptasprovidedinparagraph(b)(5)ofthissection);

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 5



4. Amounts received by the family that arespecifically for, or in reimbursement of, the cost of medical

expensesforanyfamilymember;

5. Incomeofalive‐inaide,asdefinedin§5.403;

6. Thespecialpaytoafamily memberservingintheArmedForceswhoisexposed

tohostilefire;

7. AmountsreceivedundertrainingprogramsfundedbyHUD;

8. Amountsreceivedbyapersonwithadisabilitythataredisregardedforalimitedtimeforpurposesof

Supplemental SecurityIn comeeligibilityandbenefitsbecausetheyaresetasideforuseunderaPlanto

AttainSelf‐

Sufficiency(PASS);

9. Amounts received by a participant in  other publicly assisted programs which are specifically for or in

reimbursement of out‐of‐pocket expenses incurred (special equipment, clothing, transportation, child

care,etc.)andwhicharemadesolelytoallowparticipationina specificprogram;(iv)Amountsreceived

underaresident

servicestipend.Aresidentservicestipendisamodestamount(nottoexceed$200per

month)receivedbyaresidentforperformingaserviceforthePHAorowner,ona part‐timebasis,that

enhancesthequalityoflifeinthedevelopment.Suchservicesmayinclude,butarenot

limitedto,fire

patrol,hallmonitoring,lawnmaintenance,residentinitiativescoordination,andservingasamemberof

thePHA'sgoverningboard.Noresidentmayreceivemorethanonesuchstipendduringthesameperiod

oftime;

10. IncrementalearningsandbenefitsresultingtoanyfamilymemberfromparticipationinqualifyingState



or local employment  training programs (including training programs no t affiliated with a local

government)andtrainingofafamilymemberasresidentmanage mentstaff.Amountsexcludedbythis

provision must be received under employment training  programs with clearly defi ned goals and

objectives, and are excluded only for the period during

which the family member participates in the

employmenttrainingprogram;(9)Temporary,nonrecurringorsporadicincome (includinggifts);

11. Reparation payments paid by a foreign government pursuant to claims filed under the laws of that

governmentbypersonswhowerepersecutedduringtheNaziera;

12. Earnings in excess of $480

 for each full‐time student 18 years old or older (excluding the head of

householdandspouse);

13. Adoptionassistancepaymentsinexcessof$480peradoptedchild;

14. Deferred periodic amounts from supplemental security income and Social Security benefits that are

received in a lump sum a mount or in

prospective monthly amounts, or any deferred Department of

VeteransAffairsdisabilitybenefitsthatare  receivedinalumpsumamount orin prospectivemonthly

amounts.

15. AmountsreceivedbythefamilyintheformofrefundsorrebatesunderStateorlocallawforproperty

taxespaidonthedwellingunit;



16. AmountspaidbyaStateagency toafamilywithamemberwho hasadevelopmentaldisability andis

livingathometooffsetthecostofservices andequipmentneededtokeepthedevelopmentallydisabled

familymemberathome;or

17. AmountsspecificallyexcludedbyanyotherFederal

statutefromconsiderationasincomeforpurposes

ofdeterminingeligibility orbenefitsunderacategory of assistanceprograms  that includ esassistance 

underanyprogramtowhichtheexclusionssetforthin24CFR5.609(c) apply.Anoticewillbepublished

intheFederalRegisteranddistributedtoPHAsandhousingowners

identifyingthebenefitsthatqualify

forthisexclusion.Updateswillbepublishedanddistributedwhennecessary.

Annualizationofincome:Ifitisnotfeasibletoanticipatealevelofincomeovera12‐monthperiod(e.g.,seasonal

orcyclicin come),orMFA believesthatpastincomeisthe bestavailable

indicatorofexpectedfutureincome,

MFAmay annualize theincomeanticipatedforashorterperiod,subjecttoaredeterminationattheendofthe

shorterperiod.

NewMexicoResidency

Applicantsrequestinghousingcostassistancefromthisprogrammustownandoccupyaprimaryresidencein

thesta teofNewMexico.Forhomeownerresidentsoftriballands,staffwillverifyifaHAFallocationwasmade

totheTri beorTribally Designated Housing Entityand,if not,  MFAwill continue processing

theapplicationin

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 6



accordancewiththisguide.IncaseswhereanapplicantisaresidentofaTribewhichhasreceivedorwillreceive

aHAFallocation,thehomeownerwillbe requiredtoseekfunding fromtheTribeandwillnot beeligibleforthis

program.

HousingCostsandDelinquency

The applicant must be able to provide evidence of their current housing cost balance due, broken down by

month.Latefeesforanydelinquentmonthsareeligible.Exceptionsforothercontractualfeesmaybeconsidered

for certain types of housing contracts. The maximum total award amount to any applicant for all

 forms of

assistancepaymentsis $20,000.Certainothercostsmaybeeligible,includingbutnotlimitedtoserviceradvances

fortaxesandinsurance,non‐escrowedhomeowner’sinsurancedues,andnon‐escrowedpropertytaxes.Funds

shouldbeappliedinaccordancewithapplicablelawand/orregulationtoachievethemaximumbenefitfor

the

applicant.Amountsreceivedby aservicerthatarelessthanafullpaymentshouldbeappliedtotheloanbalance.

ConformingLoanLimits

Atthe time oforigination, mortgages must not be more than the conforming  loan limit. For purposes of this

definition,theconformingloanlimitmeansthe applicablelimitationgoverningthemaximumoriginalprincipal

obligationofamortgagesecuredbyasingle‐familyresidence,amortgagesecuredby atwo‐familyresidence,

a

mortgagesecuredbyathree‐family residence,oramortgagesecuredbyafour‐familyresidence,asdetermined

and adjusted annually under section 302(b)(2) of the Federal National Mortgage Association Charter Act (12

U.S.C. 1717(b)(2)) and section 305(a)(2) of the Federal Home Loan Mortgage Corporation Act (12 U.S.C.

1454(a)(2)).

Mortgagesgreaterthan$2,200permonthwillrequireadditionalverificationtoconfirmtheoriginal

principalbalance.

Section5‐Additio nalEligibilityRequirements

Tobeeligibleforassistanceunder eachprogramelement,applicantsmustmeettheGeneralEligibility 

Requirementsandalsomeettheadditio nalprogramguidelinesandrequirementslistedbelow.

Each household will be eligible for up to $20,000 of HAF funding with respect to the applicant’s primary 

residence.

If a household is requesting

 assistance for multiple eligible housing costs such as property  taxes or annual

homeowner’sinsurancepremiums,whetherinconjunctionwithdelinquentpaymentassistanceorseparateand

apartfromamonthlyhomeownershippaymentstructure,and/orisrequestingassistancethroughotherprogram

designelements,theperhouseholdawardshallnotexceed$20,0 00.Any

amountsawardedtoahouseholdunder

the HAF Pilot Program administered from May 18, 2021 through August 16, 2021 and/or the Homeowner

AssistanceInterimProgramfromOctober15,2021throughJanuary4,2022willbeincludedinthehousehold

maximumbenefitandthetotalbenefitshallnotexceed$20,000.

ReinstatementandLossMitigationAssistance

Tobeeligibleforreinstatementassistance,theapplicant(s) will provideaself‐attestationthatthehouseholdis

abletoresumethemonthlyhousingpaymentfollowingreceivingassistance.Reinstatementassistanceislimited

toaone‐ti mebenefitperhouseholdbutcanbeappliedincombinationtoprovidethemaxi mumbenefittothe



homeowner.

Ifahouseholdhasreceivedaone‐timebenefitthroughtheReinstatementAssistanceprogramandsubsequently

re‐defaultsandbecomesdelinquent,theywillbereferredtotheForeclosurePreventionandDefenseProgram 

andwillberequiredtocompleteapprovedhousingcounselingtoreceiveanyremainin gamountsforwhichthe

householdmaybeeligible.IfthehousingcounselorrecommendsthatadditionalHAFfundsshouldbeusedto

completelossmitigation,MFAinitssolediscre tionmayawardanamountthatwasnotpreviouslyexpendedup

tothehouseholdmaximum.Homeownerswhodeclinetoworkwithahousingcounselorwillnotbe

eligiblefor

additionalreinstatementassistance.

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 7



Tobeeligibleforanawardforprincipalreduction,applicantsmustbeapprovedbyandprovideevidencefrom

theirloanservicerforaprincipalreductionsolutionandbeabletoresumepaymentsfollowingassistance.For

assistancewithpartialclaimreimbursement,theapplicantorservicerwillberequiredtoprovideevidenceof

a

completedpartialclaim.

Where loss mitigation is available, HAF funds may be used to supplement other forms  of 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.

Applicantswhohavemorethan$20,000ofdelinquenthousingpaymentsandwhoneedadditionalassistanceto

resolve their delinquency are eligible to receive housing counseling services through a HUD certified housing

counselingagency

(HCA)oragencyapprovedbyaTribalgovernmentHCA.Housingcounselorscanevaluateloss

mitigationoptionsincludingreductionin the unpaid principal balance, payment deferraloptions,andoptions

offeredbyservicersthatmodifytheprincipal andinterestpayment.

Loansthatarealready in foreclosureare only eligible for a full

reinstatement. A HAF award less than thefull

reinstatementamountmaybeconsideredifadditionalfundinghasbeensecuredbytheapplicanttomeetthe

fundingshortfall.

PaymentAssistance

Householdswhomeetall eligibilityrequirementscanreceiveupassistanceupto$20,000oruptotwelve(12)

monthlypaymentsthrough themonthl y assistanceprogram.Applicantswhoareeligibleformonthlypayment

assistancearealsoeligibletoreceivefreeofchargehousingcounselingthroughaneligibleHCA.

Forhouseholdstoreceive

monthlyhousingpaymentsduewithina12‐monthperiodfollowingtheinitialdateof

approvaloftheapplication,thehouseholdmustmeetgeneraleligibilityrequirementsandmeetthefollowing

criteria:

 Thehouseholdwillprovideaself‐attesta tionthatthe householdisstrugglingtosustaintheirhousing

paymentsdueto

unemployment.

 Thehousehold’scontractualhomeownershiploanpa yment(s) exceed(s)40%ofthehousehol d’sgross

income.

 Oneormorehouseholdmembersisunemployedandreceivingunemploymentbenefits.

Initial applications determined to be eligible for $20,000 of monthly payment assistance will be awarded the

maximumof$20,000intheinitialandonly

paymentthroughthisprogram.ApplicantswillbereferredtoanHCA

whowillbeavailabletoassisthomeownersresolveadditionaldelinquency.

MFAwillallocatefundingonafirstcome,firstservedbasis,andwillnotreservetheentirehouseholdmaximum

foreachapprovedapplication.

Ongoingmonthlyassistancewillbeavailable

asdescribedaslongasfundingisavailableandmaybeawardedfor

uptothree(3)monthsinadvanceandpaidmonthlyonaroundtheduedate.

Applicantswillberequiredtorecertifyanddocumenttheirunemploymentsta tusandhouseholdincomeevery

90daysduringthe12‐monthperiod.In

caseswheretheapplicantreturnstoworkduringtheir eligibilityperiod,

MFAwillfundfortherecertificationperiodbutnolongerbeeligibleaftertherecertificationperiodends.Tothe

extenttheCommonDataFile(CDF)isimplementedbyaservicer,theParticipantwillutilize theprocesstoverify

ongoing

lossmitigationactivityandtofacilitatemonthlypaymentassistance.



HUD certified housing counseling is available for all New Mexico households. More information can be found at

https://apps.hud.gov/offices/hsg/sfh/hcc/hcs.cfm.

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 8



Section6‐IncomeEligibility

Whenusingtheterm“household”,MFAwillbereferringtothedefinitionof“family”asdefinedat24CFR5.403.

Ahousehold includes, butisnot limitedto,the followingregardlessofactual orperceivedsexualorientation,

genderidentity,ormaritalstatus:

1. Asingleperson,whomaybeanelderly

person,displacedperson,disabledperson,near‐elderlyperson,

oranyothersingleperson;or

2. Agroupofpersonsresidingtogether,andsuchgroupincludes,butisnotlimitedto:

a. Ahouseholdwithorwithoutchildren(achildwhoistemporarilyawayfromthehomebecause

ofplacementin

fostercareisconsideredamemberofthehousehold);

b. Anelderlyhousehold;

c. Anear‐elderlyhousehold;

d. Adisabledhousehold;

e. Adisplacedhousehold;and

f. Theremainingmemberofahousehold.

Todeterminehouseholdincomeforallapplicants,MFAwillusetheannualincomedefinitionasdefinedby

HUD

at24CFR5.609(commonlyreferredtoasPart5).MFAwillusethePart5methodtocalculatetheannualincome

byprojectingtheprevailingrateofincomeofthehouseholdforthenext12‐monthperiodasmeasuredfromthe

datethatMFAperformstheincomedetermination.

AnnualIncomeLimits

Theincomelimitsforthisprogramarelimitedto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.

TheSecretaryofHousingandUrbanDevelopmentdetermineseachofthesein come calculations.

100%ofthemedianincomefortheUnitedStatesmeansthemedianincomeoftheUnitedStates(FY2021

$79,900), as published by HUD for purposes of the HAF.

https://www.huduser.gov/portal/datasets/il/il21/HUD‐sec236‐2021.pdf

150%oftheareamedianincomeforahouseholdmeansthreetimestheincomelimitforvery‐lowincome

families,

fortherelevanthouseholdsize,aspublishedbyHUDinaccordancewith42U.S.C.1437a(b)(2)for

purposes of the HAF. https://www.huduser.gov/portal/datasets/il/il21/State‐Incomelimits‐Report‐

FY21.pdf

BreakdownbyState/County/HouseholdSize

https://www.huduser.gov/portal/datasets/il/il2021/select_Geography_haf.odn

Section7‐RequiredDocumentation

All applicants must complete the program application online or in paper format. Applicants must supply all

requireddocumentationto verifyprogrameligibility,householdincome andneedforhousing costassistance.

Documentationto confirmpayeeandamount willalso berequired.Eligible applicants whodonotprovide all

requireddocumentationwithinthe

requiredtimeframesmaynotbeawardedassistance.

 Householdmemberinformationmustinclude,at aminimum,thefollowing:

 Fullnamesanddatesofbirthofallhouseholdmemberslivingintheresidence

 Householdcontactinformation

 Householdincomeinformation

 HouseholdCOVID‐19impactattestation

 Owner

occupiedprimaryresidenceinNewMexico

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 9



 Socialsecuritynumber(SSN)oftheborrower,allco‐borrowersandallhouseholdmemberswithsocial

securitynumbersalreadyassigned

.

 Signature/e‐signatureoftheheadofhouseholdwhomustbeage18oroverand/orallborrowersand

co‐borrowers, certifying  that the information provided related to household composition, annual

householdincome, financialhardshipa ssociated with COVID‐19andneed for assistance withhousing

costsiscorrect.

Applicantswill

beaskedtoprovidedemographic dataonthegender,raceandethnicityofall householdmembers

forreporting purposesonly.Demographicinformationwillbeusedinaggregateandisstrictlyconfidential.The

applicantdecisiontoprovideornottoprovidedemographicinformationdoesnotimpactapplicationapproval.

HouseholdIncomeDocumentation

Currentprooffromallsourcesofhouseholdincomeincludingbutnotlimitedto:

IncomeSource AcceptableDocumentation

Employmentwages

 Threecurrentpaycheckstubsor

 Employer‐signed formor letter confirming

wagesor

 Verification of Income or Reduction of

Hours/Payform

Self‐employment

 Profitand loss statement(s)for the three most

recentmonthsor

 Mostrecentyearstaxreturn/filing

Net rentalincome,income from interest bearing

assets,royalty income, interest fromestatesand

trusts

 Mostrecentstatement

Social Security, pensions, retirement, annuities, 

disability,deathbenefits

 Currentbenefitsletter

Unemploymentinsurance, worker’s

compensation,severancecompensatio n 

 Payment history reflecting gross benefit

amount,deductionsandrecentpayments

Any public assistance  (General Assistance or

TANF) payments from state or local income 

supportoffice

 Currentbenefitsletter

Childsupport,familysupport,alimony

 Currentbenefitsletter

Armedforcespay

 Twocurrentstatements

Ifneeded,theVerificationofIncomeand/orReductionofHours/PayisExhibit2.

ResidencyDocumentation

VerificationthattheresidenceislocatedwithinthestateofNewMexicowillbemadebyprogramstaff.

HousingCostAssistanceNeedDocumentation

Applicantsmustprovidedocumentationandverificationforhousingcostsasitappliestotheirhousingsituation:



In order to ensure that household size is accurately captured in the application, program staff will have discretion to

overridethisrequirement.

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 10



AssistanceType RequiredDocumentation

Mortgage/homeownership loan

assistance

 Evidenceoftotalbalancedue,brokendownbymonth:

 Currentunredactedloanstatem ent;or

 Currentunredactedpast‐duenoticefromservicer

Realestatecontractassistance

 Evidenceoftotalbalancedue,brokendownbymonth:

 Currentescrowpaymentstatement;or

 Balanceduenotice

Mobile or manufactured home

loanassistance

 Evidenceoftotalbalancedue,brokendownbymonth:

 Currentmobileormanufacturedhomeloanstatement;

Mobileormanufacturedlandloan

assistance

 Evidenceoftotalbalancedue,brokendownbymonth:

 Currentmobileormanufacturedhomeloanstatement

Propertytaxes

 Evidenceoftotalbalancedue:

 Currentpropertytaxbill

Homeowner’sinsurance

 Evidenceoftotalbalancedue:

 Accountledger;or

 Currentnoticeofpaymentamountandbalancedue

ThirdPartyphoneverification

During the application review process, the reviewer shall have the discretion to collect or verify housing cost

assistance information  through third party phone verification. Any verification made by reviewer must be

documentedintheactivitylog.

DocumentationfromPrivateHousingProviders

Followinginitialreviewofapplicationswhereaprivatecontractisinplace,thecontractualsellerwillberequired

toprovidethefollowing:

1. ProgramParticipation‐PaymentAcceptanceform completedbytheseller

2. W‐9formcompletedbytheseller

3. Proofofpurchaseagreementorcontract

Ifassistanceisawarded

andtheW9formreceivedisverifiedbyanindividualtaxidentificationnumber(ITIN),

thesellerwillbeprovidedwithanIRS1099formattheendoftheyearfortaxreportingpurposes.

AcceptableDocumentationforextenuatingcircumstances

Atthediscretion of the assigned program management staff, the following documentati onmaybe accepted:

W2s or other wage statements, IRS Form 1099s, tax filings, depository  institution statements demonstrating

regularincome,oranattestationfromanemployer.

Section8‐DuplicationofBe nefits

AllapplicantsshallcertifyontheProgramApplicationunderpenaltyofperjuryandunderthelawsoftheState

of New Mexico, that they are not able to receive, have not received other federal or non‐federal benefits or

assistanceforthesamehousingcostsforthesameperiodoftime

forwhichassistanceisbeingrequested,and

thatiftheydoreceivesuchaduplicationofbenefits,theywillrepayduplicatedfundstoMFA.

Section9‐ApplicationProcessingandSelection

Thissectiondescribestheprocessinwhichapplicationswillbeaccepted,selectedforreviewandreviewed.

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 11



IntakeandAssessmentProcess

Fundingislimited.Applicationswillbefundedinorderofdateandtimeofreceipt.Applicantsareencouragedto

usetheinformationandsampleformspostedathttps://housingnm.org/homeowners/homeowner‐assistance ‐

fundasresourcestosubmitcompleteapplications.Failuretoprovidealleligibilitydocumentationmayresultin

denial.

Program staff will review applications and begin providing res ponses as soon as possible. If a submitte d 

applicationdoes notcontaincomplete documentationtoconfirmeligibility,theapplicantshallbenotifiedand

given10calendar days afterthe date of the first notification by emailor the date of the letter

to submit the

information.Applicantswhofailtorespondwithinten(10)calendardaysshallbedeniedassistance.However,

exceptionsmaybemade atMFA’sdiscretion.Applicantswho  aredenieddue tofailure torespond withinten

(10)calendardaysmayreapplyiffundsareavailable.

Applicationdocumentsshallnot

bereturned.Applicantsarecau tionednottosubmitoriginaldocumentsandto

onlysubmitcopies.

AvailabilityofApplications

Application submissions will be accepted in two formats: online electronic submission and paper submission.

Online applications may be submitte d at: https://housingnm.org/homeowners/homeowner‐assistance‐fund.

Paperapplicationsmaybemailed,hand‐delivered,faxedoremailedtothefollowingaddressesandfaxnumber:

NewMexicoMortgageFinanceAuthority

3444

StSW

Albuquerque,NM87102



NewMexicoMortgageFinanceAuthority

Attn:NewMexicoHomeownerAssistanceFun d

505‐242‐2766



COVIDAssistanceGeneralInbox

[email protected]

Applicationsmaybesubmittedbeginni ng at8:00AMonFebruary28,2022throughapublicannounce ment of

programclosure.Allsupportingdocum entationtoconfirmand

verifyeligibilitymustaccompanytheapplication

forallsubmissionmethods.Torequestapaperapplicationbemaileddirectlytoyoupleasecontact:(505)308‐

4206or866‐488‐0498.Alternatively,paperapplicationsareavailablefordownloadonMFA’swebsite.

Applicationranking

Allapplicationssubmittedwithintheapplicationwindowwillberankedaccordingtothecriterialistedbelow.If

sufficientfundsareavailable,alleligibleapplicationswillbefunded,regardlessofranking. 

ApplicationDate/Time

Therankingcriterionforallapplica tionsisthedateandtimeofsubmission.Dateandtimeofsubmissionofan

applicationforassistance throughtheonlinesystemwillbeloggedelectronically.Paperapplicationssubmitted

bymailwillbeloggedaccordingtothepostmarkdate,withatimestampof8:00am.

Ifthepostmarkdateisprior

tothestartoftheapplicationwindow,theapplicationwillbeloggedaccordingtothefirstdateoftheapplication

window,with atimestampof8:00am.Ifthe applicationissubmittedin ‐personatadrop offlocation,thedate

andtime

ofsubmissionwillberecordedonthepaperapplicationandloggedaccordingly.Ifapaperapplication 

isfaxed,theapplicationwillbeloggedaccordingtothedateandtimethefaxwasreceived.Ifapaperapplication

ise‐mailed,theapplicationwillbeloggedaccordingtothedateandtime

thee‐mailwasreceived.A pplications

will be ranked by order of submission. If an application is incomplete, applicants will be notified and given a

minimum of ten calendar days tosubmit missing documentation as described above in Section7. During this

window,theapplicantwillmaintain theirapplicationdate/time

ranking.

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 12



IncomeTargeting

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. Any amount not made available to

homeowners that meet this income‐targeting requirement must be prioritized for assistance to socially

disadvantagedindividuals,withfundsremainin gaftersuchprioritizationbeingmadeavailableforothereligible

homeowners.

SociallyDisadvantagedIndividuals 

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

Americansociety;

2. residentofamajority ‐minorityCensustract;

3. individualwithlimitedEnglishproficiency;

4. residentofaU.S.territory,Indianreservation,orHawaiianHomeLands;or

5. individualwholives

inapersistent‐povertycounty,meaninganycountythathashad20%ormoreofits

populationlivinginpovertyoverthepast30yearsasmeasuredbythethreemostrecentdecennial

censuses.

Inaddition,anindividualmaybedeterminedtobeasociallydisadvantagedindividualinaccordancewitha

processdevelopedbyaHAFparticipantfordeterminingwhetherahomeownerisasociallydisadvantaged

individualinaccordancewithapplicablelaw,whichmayreasonablyrelyonself‐attestations.



Appeals

Applicants may appealdenialsmade basedon  applicant eligibility. If theapplication was denied forfailure to

provide all eligibility documenta tion, the applicant has seven (7) calendar days of the date of the application

deniallettertoprovidethemissingdocumentation. Afterwhichtime,theapplicantmustreapply.Appealsmust

mailed to the assistant director ofassetmanagementat 344 FourthStreet,Albuquerque, NM 87102 or e‐

mailedto[email protected]withinseven(7)calendardaysofthedateoftheapplicationdenial

letter.However,exceptionsmaybemadeatMFA’sdiscretion.Thewrittenappealmuststatethe reason(s)why

the appli cant believes the application denial was  in error and must include any additional documentation

necessarytosupporttheapplicant’sassertionofsame.Theappealwillbereviewedbytheassistantdirectorof

asset

managementoradesignatedprogramstaffmemberotherthanthereviewerwhoissuedthedenial.The

decisionregardingtheappealwillbeissuedinwritingandshallbefinal.

Section10‐AdditionalProg ramGuidelinesandRequirements

RecertificationProcessforOngoingPaymentAssistance

Tobeeligibleforpaymentassistance,thehouseholdmustmeetthefollowingcriteria: 

 provideupdatedhouseholdin comedocumentationforallhouseholdmembers;

 provideevidenceofthetotalbalancedue;

 provide a self‐attestation that the household is struggling to sustain their housing payments due to

unemployment;

 have

contractualhomeownershiploanpayment(s)exceed(s)40%ofthehousehold’sgrossincome;and

 haveoneormorehouseholdmembersisunemployedandreceivingunemploymentbenefitsandbeable

toprovidecurrentunemplo ymentincomedocumentation.

Householdsareeligibleforongoingassistanceuptoa12‐monthperiodfollowingtheinitialdate

ofapprovalof

theapplicationortheprogrammaximumof$20,000whichevercomesfirst.Thetotalprogramawardwillinclude

fundsreceiv ed inthePilotprogram, the Interimprogramandany fundingawardsin thisprogram.The award

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 13



amountis basedoff theapplicant’sactualeligiblecostsandthemaximumawardof$20,000willnotbepaid on

theinitialpaymentifactualcostsareverifiedlessthantheprogrammaximum. 

Applicants will be required to provide recertification documentation every 90 days while receiving assistance

whichwillincludea

currentmortgagestatement,currenthouseholdincomedocumen tation, anddocumen tation

ofcurrentunemploymentstatus.

Eligibilitytoapplyforpaymentassistancedoesnotguaranteeapproval.Recertificationrequestsareprocessed

intheorderreceivedandarefundedintheorderreceiveddependingontheav ailabilityoffu nding.

FalseClaims

Applicants shall certify on the Program Application that the information provided on this form is subject to

verificationbyMFA,the Department ofFinanceandAdministra tion (DFA)or the Treasuryatanytime, orany

employeeofMFA,DFA,orTreasurymaybesubjecttopenaltiesforunauthorizeddisclosuresorimproper

useof

information collected based on the consent form. Use of the information collected based on this verification

form is restricted to the purposes cited above. Any person who knowingly or willingly requests, obtains or

disclosesanyinformationunderfalsepretensesconcerninganapplicantorparticipantmayresultinlegal

action.

Anyapplicantorparticipantaffectedbynegligentdisclosureofinformationmaybringcivilactionfordamages,

andseekotherrelief,asmaybeappropriate.

ApplicantConfidentiality

EmployeesandagentsofMFAwillnotdiscloseanyapplicant’spersonalconfi dentialinformationaspartofthe

program, with the following  exception: only MFA’s complianc e  officer may provide such information to

authorizedrepresentatives ofprogramsprovidingsimilarassistance,attheirrequestandwhensuchrequestis

made with the express purpose

 of preventing or correcting any  duplication of benefits. All confidential

informationofapplicantswillbekeptinalockedsecuredstoragefacilityorpasswordprotectedelectronicfiles

andunavailabletopersonsoutsideoftheprogram.Atalltimes,MFAwillabidebyallrequirementsstatedwithin

thePrivacy Actof

1974asamended.IfMFAreceivesarequestfo rpublic recordsrelatedtotheprogram,only

non‐confidentialinformation,asverifiedbyMFA,willbeprovided.

Nondiscrimination

TheNewMexicoHomeownerAssistanceFundshallbeimplementedconsistentwithMFA’scommitmenttostate

andfederalequalopportunitylaws.Nopersonshallbeexcludedfromparticipationin,deniedthebenefitof,or

besubjectedtodiscriminationunderanyprogramoractivityfundedinwholeorinpartwithHAFprogram

funds

on the basis of their disability, familial status,  national origin, race, color, religion, sex, spousal affiliation, 

ancestry,sexualorientationorgenderidentity.

MFA will provide reasonable accommodations and/ or modifications or provide language assistance to

individuals requesting such assistance to benefit fr om the services provided by the New  Mexico

Homeowner

AssistanceFund.

ConflictofInterest

Nomember,managementoremployeeshalltakeanyofficialactwhichmaydirectlyorindirectlybenefithis/her

ora familymember'spositionorfinancialinterests.Programstaffmustreportconflictsofinteresttotheassistant

directorandteamleadofassetmanagemen t.Theprogramstaffmemberwillberecusedfrominvolvement

on

thefileprocessing.

ProgramGuidelinesChangesorModifications

Minor changes  to these New Mexico Homeowner Assistance Fund Program Manual involving administrative

procedures or accommodations to adapt to uniq ue applicant  situations or to regulatory changes may be

performedwiththeapprovaltheassistantdirectorofassetmanagement.Anymajorchangestoprogrampolicies

orproceduresmustbeapprovedbythe

executivedirectorofMFA.

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 14



Federalregulatoryrequire mentsfortheHAFprogramsarenotsubject tomodificationorrevision,exceptwhen

Treasuryissuesguidancesupersedingpriorregulatoryrequirements.

NMHomeownerAssistanceFundManual

HAFProgramGuide(3/22) 1



Exhibit1–Term Sheets

(attached)



03/2022 1



HomeownershipLoanReinstatement/Loss MitigationProgram

NewMexicoHomeownerAssistanceFund–HomeownershipLoanReinstatement/LossMitigationProgram





Criteria



ProgramTerms



Briefdescription TheHomeownershipLoanReinstatement/LossMitigationProgramwillprovideup$20,000perhouseholdtoeliminatedelinquencies,reinstateahomeownershiploan,

including the current month (delinquency plus one month) and/or provide funds  which will assist hom eowners achieve housing cost affordability through principal

reductionorpost‐lossmitigationlienextinguishment .

HAFFunds may

beusedtobringthe accountfullycurrent, withnoremainingdelinquentamounts,andto repayamounts  advancedby the lenderorserviceronthe

borrower’s behalf for property charges, including property taxes, hazard insurance premiums, flood or wind insurance premiums, ground rents, condominium fees, 

cooperativemaintenancefees,plannedunit

developmentfees,homeowners ’associationfeesorutilitiesthattheserviceradvancedtoprotectlien position.Payment

mayalso includeanyreasonablyrequiredlegalfees.HAFFundsmaybeusedforapartialreinstateme ntifthefullreinstatementamountexceedsthehouseholdmaximum.

Homeownerhouseholds whoareworkingwiththeirhomeownershiploan

servicertocomplete lossmitigationwillhavetheopportunitytoincorporateHAFintotheir

defaultresolutionasallowedbyservicerproceduresandinvestorguidelines.Servicersshouldinformthehomeowne r householdswhoareindefaultoftheavailability

of the funds and should encourage homeowner households to apply for funding to

assist with lump sum reinstatement or for principal reduction through the loss

mitigationprocess.HAFfundsmaybeusedtoreimbursepartialcl aimliensafterlossmitigation,asallowedforbyservicerandinvestorguidelines.

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.TotheextenttheCommonDataFile(CDF)isimplementedbyaservicer,theParticipantwillutilizetheprocesstoverifyongoinglossmitigation

activityandtofacilitateassistance.

Maximum

amountof

assistanceper

homeowner

Eachhouseholdwillbeeligibleforupto$20,000ofHAFfundingtobeusedonlyforthehomeowner’sprimaryresidence.

Ifa householdisrequestingassistanceformul tipleeligiblehousing costssuchaspropertytaxesorannualhomeowner’sinsurancepremiums,whetherinconjunction

withdelinquentpaymentassistanceorseparateand

apartfromamonthlyhomeownershippaymentstructure,and/orisrequestingassistancethroughotherprogram

designelements(withtheexceptionoftheutilityassistanceprogramdesignelement),theperhouseholdawardshallnotexceed$20,000.Utilityassistancehasaseparate



03/2022 2



household maximum and is excluded from the $2 0,000 household maximum benefit av ailable for the pilot, homeownership loan reinstatement/loss mitigation,

homeownershiploanpayment, propertycharge(insurance)defaultresolutionandpropertycharge(taxes)defaultresolutionprogramdesignelements.

Homeowner

eligibility

criteriaand

documentation

requirements



Households are eligible to receive loan reinstatement/loss mitigation assistance if they (1) attest that they experienced a financial  hardship after Jan uary 21, 2020

associatedwiththeCOVID‐19healthcrisis,(2)provideincomedocumentationandhaveincomesequaltoorlessthan150%oftheareamedianincomeor100%

ofthe

medianincomefortheUnitedStates,whicheve r is greater,and(3)currentlyownandoccupyaprimaryresidenceinNewMexico.

Tobeeligibleforreinstatementand/orlossmitigationassistance,theapplicant(s)willprovideaself‐attestationthatthehouseholdisabletoresumethemonthlyhousing

payment

followingreceivingassistance.Assistanceislimitedtoaone‐timebenefitperhous ehold butcanbeappliedincombination toprovidethemaximumbenefitto

thehomeowner.

Tobeeligibleforanawardforprincipalreduction, applicantsmustbeworkingwiththeirloanservicerindependentlyorwiththeassistanceofa

housingcounselorto

exploreavailableloss mi tigationandbe approved by their loan servicerfor a principal reduction solutionand be able to resume paymentsfollowingassistance. For

assistancewithpartialclaimreimbursement, theapplicantorservicerwillberequiredtoprovide evidenceofacompletedpartialclaim.

Whereloss

mitigationisavailable,HAFfundsmaybeusedtosupplementotherformsof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.

Indicatedocumentationrequirementslisted

here:

Documentationrequirementsincludealegallyissuedformofidentification,docume ntsneededtoverifyhouseholdincome,anddocumentationneededtoverifythe

reinstatementamountsuchasacurrenthomeownershiploanstatementorreinstatementquote,orotherevidenceofhousingcostdelinquencyand/orapartialclaim.

Insomeinstances,evidenceof

avalidlossmitigationofferfromaloanservicermayberequiredtoevidenceprincipalreductionamounts.

TotheextenttheCommonData File(CDF)isimpleme nted byaserv icer,theParticipantwillutilizetheprocesstoverifyreinstatement/lossmitigationamountsthrough

theservicer.

Loaneligibility

criteriaspecific

totheprogram

Forreinstatementandprincipalreduction,theloanmustbedelinquentbyatleastonepayment,includinganypaymentsduringaforbearanceperiod,or,inthecaseof

areversemortgage,hasoutstandingpropertychargeswhetherindefaultorinarepaymentplan.Apaymentwillbeconsidereddelinquentone(1)day

followingthedue

date.

Eligibleloansincludeamortgage,deedoftrust,orotherconsensualsecurityinterestonaprincipalresidenceandhomeownerswithconsensualcontractualagreements

onaprincipalresidencesuchasrealestatecontracts,lease‐purchasecontracts,mobile/manufacturedhomeloans,chattelloansand/orlandcontr acts.



03/2022 3



Eligiblepropertiesincludesingle‐familyresidentialproperties,condominiumsandtownhomes,manufacturedhomespermanentlyaffixedtorealpropertyandtaxedas

realestate,andmobilehomesnotpermanentlyaffixedtorealproperty.

HomeEquityLineofCredit(HELOC)loansareineligible.

Form of

assistance

Assistancewillbestructuredasanon‐recoursegrant.AssistanceisnotrequiredtoberepaidandtheParticipantwillnotcollectorissuetaxableincomedocumentation

suchasW‐9or1099forms,exceptincaseswherethefundsarebepaiddirectlytoanindividuallienholderwithoutanLLC

orLLC.Thismayincludeprivatelienholdersof

homeownershipcontracts,leasetoowncontracts,manufacturedhomeland/lotcontracts,etc.Privatecontractlienholderswillberequiredtooptintotheprogramand

providetheirsocialsecuritynumberortaxpayeridentificationnumber.

Payment

requirements

MFAwilldisburseHAFassistancedirectlyviacheckorelectronicfundstransfertothehomeownershiploanlender/servicer,landcontractholder,manufactured/mobile

homelender,and/orotherhousingproviderasappropriate.





03/2022 4



HomeownershipLoanPaymentAssistance

NewMexicoHomeownerAssistanceFund–HomeownershipLoanPaymentAssistance



Criteria



ProgramTerms



Briefdescription The Homeownership Loan Payment Assistance program design element will provide payment assistance to homeowner households unable to make mortgage or

homeownershiploanpaymentsduetofinancialhardshipassociatedwiththeCOVID‐19healthcrisis.

HAFfundsmaybeusedtoreduceahomeowner’smortgage/homeownershiploanpaymentsformonthlyhousingpaymentsdue

withina12‐monthperiodfollowingthe

initialdateofapprovalof theapplication.TheParticipantwillallocatefundingonafirstcome,firstservedbasis,andwillnotreservetheentirehouseholdmaximumfor

eachapprovedapplication.Ongoingmonthlyassistancewillbeavailableasdescribedaslongasfunding

isavailable.

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 mitigation process.Totheextent

theCo mmon  Data File (CDF) is

implementedbyaservicer,theParticipantwillutilizetheprocesstoverifyongoinglossmitigationactivityandtofacilitatemonthlypaymentassistance. 

Maximumamount

ofassistanceper

homeowner

Eachhouseholdwillbeeligibleforupto$20,000ofHAFfunding,tobeusedonlyforthehomeownerhousehold’sprimaryresidence.

Ifahouseholdisrequestingassistanceformultipleeligiblehousingcostssuchaspropertytaxesorannualhomeowner’sinsurancepremiums,whetherinconjunctionwith

delinquentpaymentassistance orseparate

andapartfromamonthlyhomeownershippaymentstructure,and/orisrequestingassistancethroughotherprogramdesign

elements (with the exceptionof the  utility assistance program design element),the per household award shall not exceed $20,000. Utility assistance has a separate

household maximum and is excluded from the $20,000 household maximum

benefit available for the pilot, hom eownership loan reinstatement/loss mitigation,

homeownershiploanpayment, propertycharge(insurance)defaultresolutionandpropertycharge(taxes)defaultresolutionprogramdesignelements.



03/2022 5



Homeowner

eligibilitycriteria

anddocumentation

requirements



Homeowner households are eligible to receive assistance underthe mortgage payment assistance program design element if they (1) attest that they experienced a

financialhardshipafterJanuary21,2020associatedwiththeCOVID‐19healthcrisis,(2)provideincomedocumentationand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,and(3)currentlyownandoccupyaprimaryresidenceinNewMexico.

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mitigationprocess.

Inorder forhomeowner  households toreceive monthlyhousing payments duewithina12‐monthperiodfollowing the initialdate ofapproval oftheapplication, the



householdmustalsomeetthefollowingcriteria:

Thehouseholdwillprovideaself‐attestationthatthehouseholdisstrugglingtosustaintheirhousingpaymentsduetoune mploymentorzeroincome.

Thehousehold’scontractualhomeownershiploanpa yment(s) exceed(s)40%ofthehousehold’s grossincome,ifany.

Oneormorehouseholdmembers

isunemployedandreceivingunemploymentbenefits.

Indicatedocumentationrequirements:

Documentationrequirementsincludealegallyissuedformofidentification,documentsneededtoverifyhouseholdincome,anddocumentationneededtoverifypast 

due amounts, if applicable, and/or the contractual  monthly payment such as a homeownership loan statement or other evidence of housing cost

 delinquency.

Documentationevidencingunemployment,suchasunemploymentbenefitsoraffidavitofzeroincome.Documentationmayberequiredtorecertifyincomeandeligibility

statuseverythree(3)monthsofassistance.

Loaneligibility

criteriaspecificto

theprogram

Delinquentbyatleastonepayment,includinganypaymentsduringaforbearanceperiod.Apaymentwillbeconsidereddelinquentone(1)dayfollowingtheduedate.

Eligibleloansincludethosewithamortgage,deedoftrust,orotherconsensualsecurityinterestonaprincipalresidenceandhomeownerswithconsensualcontractual

agreements

onaprincipalresidencesuchasrealestatecontracts,lease‐purchasecontracts,mobile/manufacturedhomeloans,chattelloansand/orlandcontracts.

Eligibleproperties includesingle‐familyresidentialproperties,condominiumsandtownhomes, manufacturedhomespermanentlyaffixedtorealpropertyandtaxedas

realestate,andmobilehomesnotpermanentlyaffixedtoreal

property.

HomeEquityLineofCredit(HELOC)loansareineligible.

FormofAssistance Assistancewillbestructuredasanon‐recoursegrant.AssistanceisnotrequiredtoberepaidandtheParticipantwillnotcollectorissuetaxableincomedocumentation

suchas W‐9or1099forms,exceptincasewherethefundsarebepaid directl y toanindividuallienholderwithoutanLLC

orLLC.Thismayincludeprivatelienholdersof

homeownershipcontracts,leasetoowncontracts,manufactured homeland/lotcontracts,etc.Privatecontractlienholderswillberequiredtooptintotheprogramand

providetheirsocialsecuritynumberortaxpayeridentificationnumber.

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03/2022 6



Payment

requirements

MFAwilldisburseHAFassistancedirectlyviacheckorelectronicfundstransfertothemortgagelender/servicer,landcontractholder,manufactured/mobilehomelender

and/orotherhousingproviderasappropriate.

 



 



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03/2022 7



PropertyCharge De faultResolution(Insurance)

NewMexicoHomeownerAssistanceFund–PropertyChargeDefaultResolution(Insurance)



Criteria



ProgramTerms



Briefdescription ThePropertyChargeDefaultResolution(Insurance)programdesignelementwillprovideup$20,000perhouseholdtoresolveanypropertychargedefaultthatthreatens

ahomeowner’sability tosustainownershipoftheproperty.Thisprogramdesignelementisintendedtoassistwithpropertychargesoutsideofahomeownershiploan

escrowornot

coveredundertheHomeownershipLoanreinstatement/lossmitigationorHomeownershipLoanPaymentAssistanceprogramdesignelements(whichwill

alsopaypropertychargesassociatedwithhomeownershiploanescrows).

HAF Funds may be used to pay past due property insurancepremiums that threaten sustained ownership of the property and must be brought current

by program

assistanceorresolvedconcurrentlywiththeprogramdesignelementprovidingassistance.

Eachhouseh old  mayreceive fundingforuptothree yearsforinsurancepremiums includingforceplacedinsurance. Fundsmayalsobeused topay propertycharges

comingdueinthe90daysfollowinghouseholdapplicationapproval.

Maximumamountof

assistanceper

homeowner

Eachhouseholdwillbeeligibleforupto$20,000ofHAFfundingwithr especttotheapplicant’sprimaryresidence.Eachhouseholdmayreceivefundingforuptothree

yearsofpremiums,includingforceplacedinsurance.Fundsmayalsobeusedtopaypropertychargescomingdueinthe90daysfollowing

householdapplicationapproval.

Ifahouseholdisrequestingassistanceformultipleeligiblehousingcostssuchaspropertytaxesorannualhomeowner’sinsurancepremiums,whetherinconjunctionwith

delinquentpaymentassistanceorseparateandapartfromamonthlyhomeownershippaymentstructure,and/orisrequestingassistancethroughotherprogramdesign

elements (with

the exception of the utility assistance program design element),the per household awardshall  not exceed $20,000.Utility assistance has a separate

household maximum and is excluded from the $20,000 household maximum  benefit available for the pilot, homeownership loan reinstatement/loss mitiga tion,

homeownershiploanpayment, propertycharge(insurance)defaultresolutionandproperty

charge(taxes)defaultresolutionprogramdesignelements.



03/2022 8



Homeowner eligibility

criteria and

documentation

requirements



HomeownerhouseholdsareeligibletoreceivepropertychargeassistanceundertheNMHAFifthey(1)attestthattheyexperiencedafinancialhardshipafterJanuary21,

2020associatedwiththeCOVID‐19healthcrisis,(2)provideincomedocumentationand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,and(3)currentlyownandoccupyaprimaryresidenceinNewMexico.

In order to receive assistance, the applicant(s) will provide a self‐attestation that the household  is able to resume the monthly housing payment (where

applicable)

followingreceivingassistance.

Homeownerhouseholdisatleastoneinstallmentpaymentinarrearsononeormorepropertychargesincluding:

Insurance:homeowner,hazard,flood,windpremiums

Indicatedocumentationrequirements:

Documentationrequirementsincludealegallyissuedformofidentification,documentsneededtoverifyhouseholdincome,anddocumentationneededtoverifyproperty



chargedelinquency suchasaninvoiceorotherevidenceofpropertychargesd elinquency.

Loaneligibilitycriteria

specifictotheprogram

N/A

Formofassistance

suchasW‐9or1099forms.

Paymentrequirements 



MFAwilldisburseHAFassistanceviacheckorelectronicfundstransferdirectlytotheeligibleentitytowhichthehousingcostisdue.



  



03/2022 9



PropertyCharge De faultResolution(Taxes)

NewMexicoHomeownerAssistanceFund–PropertyChargeDefaultResolution(Taxes)



Criteria



ProgramTerms



Briefdescription

ThePropertyChargeDefaultResolution(Taxes)programdesignelementwillprovideup$20,000perhouseholdtoresolveanypropertychargedefaultthatthreatensa

homeowner’sabilitytosustainownershipoftheproperty.Thisprogramdesignelementisintended toassistwithpropertychargesoutsideofahomeownershiploan

escrowornot

coveredundertheHomeownershipLoanreinstatement/lossmitigationorHomeownershipLoanPaymentAssistanceprogramdesignelements(whichwill

alsopaypropertychargesassociatedwithhomeownershiploanescrows).

HAFFundsmaybeusedtopaypastduepropertytaxesthatthreatensustainedownershipofthepropertyandmustbebroughtcurrentby

programassistanceorresolved

concurrentlywiththeprogramdesignelementprovidingassistance.

Eachhouse holdmay receivefunding forupto threeyears ofdelinquenttaxes.Funds mayalso beusedto paypropertychargescomingdueinthe90 daysfollowing

householdapplicationapproval.

Maximumamount

ofassistanceper

homeowner

yearsofdelinquenttaxes.Fundsmayalsobeused topaypropertychargescomingdueinthe90daysfollowinghouseh oldapplicationapproval.



Ifahouseholdisrequestingassistanceformultipleeligiblehousingcostssuchaspropertytaxesorannualhomeowner’sinsurancepremiums,whetherinconjunctionwith

elements (with the exceptionof

the utility assistance program designelement), the per household award shall not exceed $20,000.Utility assistance has a separate

household maximum and is excluded from the $20,000 household maximum  benefit available for the pilot, homeownership loan reinstatement/loss mitigation,

homeownershiploanpayment, propertycharge(insurance)defaultresolutionandpropertycharge(taxes)default

resolutionprogramdesignelements.



03/2022 10



Homeowner

eligibility criteria

and

documentation

requirements



2020associatedwiththeCOVID‐19healthcrisis,(2)provideincomedocumentationand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,and(3)currentlyownandoccupyaprimaryresidenceinNewMexico.

applicable)

followingreceivingassistance.

Homeownerhouseholdisatleastoneinstallmentpaymentinarrearsononeormorepropertychargesincluding:

Propertytaxes

Indicatedocumentationrequirements:

Documentationrequirementsincludealegallyissuedformofidentification,documentsneededtoverifyhouseholdincome,anddocumentationneededtoverifyproperty

chargedelinquency suchas

ataxstatement,invoice,orotherevidenceofpropertychargesdelinquency.

Loan eligibility

criteria specific to

theprogram

N/A

Formofassistance Assistancewillbestructuredasanon‐recoursegrant.AssistanceisnotrequiredtoberepaidandtheParticipantwillnotcollectorissuetaxableincomedocumentation

suchasW‐9or1099forms.

Payment

requirements

MFAwilldisburseHAFassistanceviacheckorelectronicfundstransferdirectlytotheeligibleentitytowhichthehousingcostisdue.



  

NMHomeownerAssistanceFundManual



Exhibit2‐PaperApplicatio n

(Attached)



HAFApplication(03/2022)  1



NewMexicoHomeownerAssistanceProgram

PROGRAMAPPLICATION



OFFICEUSEONLY

ApplicationPostmark/DropoffDate:



ApplicationTime:



ReceivedbyInitials:



A.GENERALQUALIFICATIONSANDCONDITIONSANDDOCUMENTATIONREQUIREMENTS

I/weunderstandthefollowingqualifications,conditions,anddocumentationrequirementsforthisprogram:



TheNewMexicoHo meowner AssistanceFund provideshousingcostassistancetohouseholdsresiding  in

NewMexicowhoareexperiencingfinancial hardshipassociatedwiththeCOVID‐19healthcrisisandwho

areatriskoflosingtheirhousing.



Themaximumamountofassistanceislimitedto$20,000perhousehold,basedonactualneedandprogram

eligibility.



Theformofassistanceisagrantpaiddirectlytothehousingprovider,e.g.servicer,escrowcompany,seller,

lotowner/manager,etc.



Eligible expenses that can be paid with grant funds include monthly, delinquent taxes, homeowner’s

insuranceandhousingcostpaymentsasevidencebyaconsensualhomeownershipcontractoragreement

(e.g.mortgageloan,realestatecontract,privateleasetoownagreement,manufactured/mobilehomeloan

or other documented, consensual private financing arrangements), late fees,

 and reasonable escrow

advancesasevidencedbyaloanstatement.



To qualify, the total annual household income for all household members in the county in which the

applicantresidentscannotexceedthelimitslistedinExhibit6.



Toqualify,grosshousehold

incomewillinclude

all

incomefrom

all

personsover18yearsofageaswellas

allunearnedincomeofminors.



To qualify, the household  must certify that it has experienced financial hardship since January  21, 2020 

associatedwiththeCOVID‐19healthcrisis.Situationscausingfinancialhardshipinclude,butarenotlimited

to,lossofemployment,reductionofworkhours,reducedwagesandincreasedexpenses.



Toqualify,thehouseholdmustnotbereceivinghousingassistancefromanotherprogram thatcoversthe

fullcostoftheirhousingpayment.



Applicationswillbereceiveduntilfurthernotice.



Theapplicationmustbefilledoutcompletelyandincludeallrequiredsupportingdocuments.



Programstaffwillreviewapplications intheorderinwhichtheyarereceived.Ifanapplicationis complet e

butmissingallrequireddocumentstoprocessforeligibility,theapplicantwillbegiven10calendardaysto

submitthemissingdocumentation.



Programstaffdeterminestheeligibilityofapplicantstotheprogramandreservestherighttodenyrequests

inspecificinstanceswhereapplications/applicantsdonotconformtotheseorotherprogramguidelines.



Whenusingtheterm“household”inthemanual,MFAwillbereferringtothedefinitionof“family”asdefinedat24CFR

5.403andfurtherusedin24CFR570.3and24CFR570.483(b)(2)(ii)(B).



HAFApplication(03/2022)  2



APPLICANTCONTACTINFORMATION

FirstName:



LastName:



PropertyAddress:





City:State: ZipCode:

County:_____________________________________

PrimaryPhone:OtherPhone:



Emailaddress:



Isthispropertyaddressalsoyourmailingaddress? Yes No



PropertyType

2ormoreUnits Condo ManufacturedHomePermanentlyAffixed Mobile/ManufacturedHomeNot

PermanentlyAffixed

SingleFamilyResidence Townhome

AreyouinactiveBankruptcy?



Yes No



Ifyes,pleaseprovidethefollowinginformation:

 Datefiled:Chapter: 

7 13 11

 Datedischarged,ifapplicable:



HOUSEHOLDCOMPOSITION

Listthenameofeachindividual livinginthehousingunit,startingwiththeheadofhousehold:

 

*UseNumberfromlistbelow*



No.

Name

Dateof

Birth

SocialSecurity

Number

Gender*

Ethnicity*



Race*



1‐Male

2‐Female

3‐Other

4‐Prefernottosay

1‐HispanicorLatino

2‐Not Hispanic or

Latino

1‐American Indian / Alaska

Native

2‐Asian

3‐Black/AfricanAmerican

4–Native Hawaiian/Other

PacificIslander

6–White

7– I donotwishto furnish this

information.

Isyourhouseholdasingle‐headedhousehold?*  Yes No Prefernottosay

IsEnglishtheprimarylanguagespokeninyourhome?



Yes No,Ifno,pleaseprovidetheprimarylanguagespoken:

*Thisinformationisstrictlyconfidentialandwillbeusedintheaggregateforfederalreportingpurposesonly.

Triballand

Areyouaresidentoftriballand?



Yes NoIfyes,pleaselistthetribe:



HAFApplication(03/2022)  3



HOUSINGINFORMATION

Providingthefollowinginformationdoesnotdisqualifyyourapplication.

Isthisloanindefault?



Yes No

Haveyoureceivedaforeclosurenotice?



Yes No

Ifyes,providethedatetheComplaintforForeclosurewasfiled:

HaveyoureceivedaNoticeofForeclosureSale?



Yes No  Ifyes,providetheDateofSale:



Hasyourloanbeeninforbearance?



Yes No



WasaFHAHUDclaimfiledduetopandemicdelinquency?



Yes No



LossMitigation

Howmanytimeshasyourmortgagebeenpreviouslyrefinancedormodified?_______



Areyouintheprocessofaloanmodification?



Yes No



Haveyoubeenofferedaloanmodificationwithinthepast12months?



Yes No



HasyourhouseholdreceivedhousingcostassistancesinceJanuary21,2020and/orwillitreceivesuch

assistance? Yes No



Ifyes,providethenameoftheorganizationad ministeringtheassistance,amount,andperiodoftimeforwhich

theassistancewasand/orwillbereceived.

______________________________________________________________________________

Inaddition,providedocumentationshowingtheamountofassistancereceived/awarded(suchasan

awardletter.)



Haveyoupreviouslyreceivedassistancefrom

theMFACOVID‐19HousingCostAssistanceProgram/Homeowner

AssistancePilotorInterimPrograms?AnsweringyestothisquestiondoesnotdisqualifyapplicationtotheMFA

NMHomeownerAssistanceFundProgram.

Yes No







HAFApplication(03/2022)  4



For each type of assistance re quested, complete  the information below about yourhousing provider. Your

housingprovideristhepayeethattypicallyreceivesyourpayments,suchasyourlandlord,loanservicer,escrow

company,seller,orlotowner/manager.Thisinform ationwillbeusedtodisburseanyapproved

assistanceto

yourhousingprovider(s).Foreachtypeofassistancerequested,submittherelevantdocumentsindicatedon

theApplicationDocumentationChecklist.



HousingProvider#1:



Mortgages Privatefinancing

Realestatecontractpayments Mobileormanufacturedhomeloan

Mobileormanufacturedhomelandloan Propertytaxes

HomeownerInsurances



LienPosition:

NameofHousingProvider:

ContactNameforHousingProvider:

HousingProviderAddress:

HousingProviderCity:State: ZipCode:

HousingProviderPhoneNumber:

HousingProviderEmailAddress:

AccountNumber:

MonthlyPaymentAmount:PastDueAmount:



HousingProvider#2:



Mortgages Privatefinancing

Realestatecontractpayments Mobileormanufacturedhomeloan

Mobileormanufacturedhomelandloan Propertytaxes

HomeownerInsurances



LienPosition:

NameofHousingProvider:

ContactNameforHousingProvider:

HousingProviderAddress:

HousingProviderCity:State: ZipCode:

HousingProviderPhoneNumber:

HousingProviderEmailaddress:

AccountNumber:

MonthlyPaymentAmountPastDueAmount:





HAFApplication(03/2022)  5



ASSISTANCE

Listallofthefollowingprogramsareyouapplyingforassistance.(Yourapplicationwillbereviewedonaprogram

basis.Youmightbeapprovedforassistancethroughoneormultipleoftheseprogramsbutnotothers).

MonthlyPaymentAssistance

Themonthlyloanpaymentassistanceprogramisonlyavailableforhouseholdswhereoneormorehomeowners

are currently receiving unemployment benefits and will fund past due payments or monthly paymen ts up to

$20,000perhousehold.

Reinstatement

The Homeownership Loan ReinstatementandLoss Mitigation Program will pr ovide  a one‐time reinstate ment

benefitofupto$20,000perhouseholdtoeliminatepastduepaymentsincludingpaymentsinforbearance.The

programcanalsoassisthomeownersachievehousingcostaffordabilitythroughprincipalreductionorpost‐loss

mitigationlienextinguishment.

InsuranceAssistance

TheInsuranceAssistanceProgramwillprovideassistancetohomeownersinpayingtheirinsurancebills.Including

homeownerinsurance,floodinsurance,andmortgageinsurance.

PropertyTaxAssistance

ThePropertyTaxAssistanceProgramwillprovideassistancetohomeownerswithdelinquentpropertytaxes,to

preventhomeownertaxforeclosures.

HousingCounseling

IwouldliketospeakwithaHUDapprovedhousingcounselorregardingmycurrentfinancialsituation.





HAFApplication(03/2022)  6



ANNUALHOUSEHOLDIN COMEINFORMATION

CurrentMonthlyIncome:Includeallsourcesofhouseholdincomefortheapplicantandanyhouseholdmember

overtheageof18.Includeonlytheunearnedincomeofhouseholdmembersundertheageof18.Onlyinclude

current income. For each income source, submit the relevant documents indicated on the Application

Documentation

Checklistbeginningonp.9.

IncomeSource

HouseholdMemberName

andIncomeSource

TotalMonthly

Wages, salary, commissions, bonuses, or tips from all

obs. Report amount before deductions for taxes,

bonds,dues,orotheritems.

Net income from the operation of a business or

profession. Expenditures for business expansion or

amortizationofcapitalindebted ness shallnotbeused

as deductions. Report all income and withdrawal

(except when reimbursement of cash or assets

investedintheoperationbythehousehold).

Interest,dividends,netrentalincome,royaltyincome,

orincomefromanyinterest‐bearingaccounts,estates,

trusts, etc. Report even small amounts credited to

account.

Social Security, annuities, insurance policies,

retirement funds, pensions, disability benefits, death

benefits or other types of similar periodic receipts.

Reporttotalamountreceived.

Payments in lieu of earnings such as unemployment,

disability, worker’s, and severance compensation.

Reporttotalamountreceived.

Any public assistance (TANF or General Assistance)

payments from state or local income  support office.

Reportamountreceived.

Periodicanddeterminableallowancessuchasalimony

andchildsupportpaymentsandregularcontributions

or gifts received from organizations or persons not

residinginthedwelling.Reporttotalamountreceived.

Allregularpay,specialpay,andallowanceofamember

oftheArmedForcesexceptspecialpayforahousehold

member who is exposed to hostile fire. Report total

amountreceived.

TotalPresentGrossMonthlyIncome

Multiplyby12monthsinayear

X12

AtimesBisequaltoTOTALANNUALINCOME



COVID‐19FINANCIALHARDSHIP:



HAFApplication(03/2022)  7



HaveyouoranyoneinyourhouseholdexperiencedfinancialhardshipsinceJanuary21,2020associatedwith

theCOVID‐19healthcrisis?

Yes No

Ifyes,markallselectionsthatreflectyourhousehold’sfinancialhardshipcausedbyanincreaseofexpensesor

decreaseinincomegreaterthan10%associatedwiththeCOVID‐19healthcrisis.:

Jobloss;

Jobfurlough;

Temporaryorpermanentclosureofplaceofemployment;

Wagereduction;

Reductioninself‐employmentcompensation;

Joblossand/orwagereductionduetorequirementtobequarantinedbasedonadiagnosisofCOVID‐19;

IncreasedexpendituresassociatedwiththeCOVID‐19healthcrisis;or

Otherpertinentcircumstan ces leadingtofinancialhardship(pleasedescribebelow)



HAFApplication(03/2022)  8



PROGRAMPARTICIPATIONAGREEMENT/CERTIFICATION:

I/Weundersigned hereby authorize inquiry and verification to release without liability, informationregarding

housing,incomeandassetstoMFAforpurposesofverifyinginformationonmy/ourapplication.

I/We u nderstand that previous or current information regarding me/us may be neede d. Verifications and

inquiriesthatmayberequestedinclude,butarenotlimited

topersonalidentity,employment,income,assets

andhousing.  I/We understand that this authorizationcannotbe used toobtainany informationabout me/us

thatisnotpertinenttomyeligibilityforandcontinuedparticipatio n asaqualifie d appli cant.

I/Wecertifythatthisinformationiscompleteandaccurateandhaveprovidedsupporting

documentationaspart

ofthisapplication.

I/We certify that the information provided rela ted to household composition,  annual household income and

assets,financialhardshipassociatedwiththeCOVID ‐19healthcrisisandneedforassistancewithhousingcosts

iscorrect.

I/WecertifythatthedwellingforwhichI/weam/arerequestingassistanceis

my/ourprincipalresidence. 

I/WecertifythatI/wedonotoccupythesamedwellingasthehousingprovider(s)listedintheagreement(s).

I/WecertifythatIamprovidingaccurateandcurrentdocumentationofthetotalandcurrentbalancedue.Iam

unabletopaymakethepaymentconfirmedonthedocumentation

provided.

I/WecertifythatI/weam/arenotabletoreceive,andhavenotreceived,otherfederalornon‐federalbenefits

orassistanceforthesamehousingcostsforthesameperiodoftimeforwhichassistanceisbeingrequested,and

thatifI/wedoreceivesuchassistance,I/wewillrepayany

duplicatedfundstoMFA.

I/Weunderstand thatitistheintentofMFA’sNewMexicoHomeownerAssistanceFundtodisbursefundingto

housingprovidersonbehalfofapplicants.However,MFAisnotresponsibleforregulatinghowprovidersapply

payments.I/wealsounderstandthatMFAassumesnoresponsibilityfortheapplication

ofpaymentsbyhousing 

providers,includingbutnotlimitedto,mortgageservicers,lienholders, ormobilehomeparkmanagers,except

toconfirmthetotalbenefitamountwasapplied.

I/We have read and unde rstand the foregoing general qualification and condition statements. I/We further

understandthatanyomission,misrepresentation,misstatements,deletions,falsifications,orother

actionsthat

result in my/our not conforming to the requirements of the program will subject my/our appli cation to

immediatecancellationandca useanydisbursedfundstobeimmediatelydueandpayableandmaycausefurther

legalactionifwarranted.

CERTIFICATIONANDDUPLICATIONOFBENEFITSSUBROGATIONAGREEMENT:

I/Wefurthercertifyunder

penaltyofperjury,underthelawsoftheStateofNewMexico,thatI/wearenotable

to receive, and have not received, duplicated benefits, defined as other federal or non‐federal benefits or

assistancefor the same housing costs for the same period of timeforwhichassistanceis being

requestedor

received.IntheeventthatI/wedoreceivesuchduplicatedassistance, I/weagreetoimmediatelynotifyMFAof

such additional amounts and understand that MFA, in its sole discretion, shall determine if such additional

amountsconstituteaduplicationofbenefitsthatshallberepaidtoMFA.I/Wehereby

assigntoMFAallofmy/our

futurerightstoreimbursementandallpaymentsreceivedfromanygrant,subsidizedloan,orassistanceunder

anyhousing assistanceprogramsthataredeterminedinthesolediscretionofMFAtobeaduplicationofbenefits.

I/WefurthercertifythatI/wewillnot,subsequenttoaward

ofMFAhousingassistance,pursueotherfederalor

non‐federal benefits for the same housing costs for the same period of time for which assistance is to be

awarded. I/We agree to execute further and additional documents and instruments as required by MFA to

furtherandbetterassigntoMFA

anyamountsreceivedthataredeterminedbyMFAtoconstituteaduplication

ofbenefits.I/WeexplicitlyallowMFAtorequestofanyorganizationwithwhichI/wehaveappliedfororam/are

receivingassistance,anynon‐publicorconfidentialinformationdeterminedtobereasonablynecessarybyMFA

tomonitorandenforceits

interestintherightsassignedtoitunderthisCertificationandDuplicationofBenefits

Agreementandgivemy/ourconsenttosuchcompanyororganizationtoreleasesaidinformationtoMFA.

I/Weunderstandthatinfo rmationcollectedaboutme/myhouseholdcouldbesharedwithgovernmententities

andothers,includingMFA; the New

MexicoDepartmentof Finance and Administration; community agencies

fundedfromstate,federal,andlocalresourcesthathelpprovidehousingassistance;my/ourhousingprovider;

andotherswithwhomMFAdeemsitnecessarytoshareinformationinordertoeffectivelymanageandevaluate

theprogram’seffectiveness.I/We understandthat this information could also

beshared uponcourtorder or



HAFApplication(03/2022)  9



requestundertheNewMexicoInspectionofPublicRecordsActorbeprovidedtoanauditor.I/Weunderstand

thatI/weam/arenotlegallyrequiredtoprovideanyoftherequestedinformationbutthatifI/wedonotprovide

requestedinformation,I/wemaynotbeableto

receivehousingassistance.

I/We further understand that the information provided on this form is subject to verification by MFA,  the

DepartmentofFinanceandAdministration(DFA) ortheTreasuryatanytime,andanyemployeeofMFA,DFA, 

orTreasurymaybesubjecttopenaltiesforunauthorizeddisclosures orimproper

useofinformationcollected

basedontheconsentform.Useoftheinformationcollectedbasedonthisverificationfor misrestrictedtothe

purposes cited above. Any person who knowingly or willingly  requests, obtains or discloses any information

under false pretenses concerning an applicant or participant may result in legal action.

 Any applicant or

participantaffectedbyne gligent disclosure ofinformation may bringcivil actionfordama ges, andseek  other

relief,asmaybeappropriate.

I/weunderstandthatifI/ weareapprovedformonthlypaymentassistancethehouseholdisattestingthatthe

householdisstrugglingtosustaintheirhousingpaymentsdue

tounemploymentorzeroincome. 

I/weunderstandthatifI/weareapprovedformonthlypaymentassistance,I/weareattestingthatthehousehold

isstrugglingtosustaintheirhousingpaymentsduetounemploym ent.

I/weunderstandthatifI/weareapprovedforreinstatementassistance,I/weareattestingthatthehouseholdis

ableto

resumethemonthlyhousingpaymentfollowingreceivingassistance.

ApplicantSignature,PrintedNameandDate

Signature

PrintedName

Date

Signature PrintedName Date



03/2022 1



NewMexicoHomeownerAssistanceFund

APPLICATIONDOCUMENTATIONCHECKLIST

DOCUMENTATIONREQUIREMENTS:

Thefollowingdocumentsmustbephotocopiedandattachedtoyourapplication.Donotsubmitoriginals.No

documentswillbereturned.

ProofofIdentityDocumentation:

Pleaseprovidetherequesteddocumentationbelowforatleastonehouseholdmemberlistedonthehousing.

 AcceptableDocumentatio n 

ProofofIdentity



Driver’sLicenseor



StateissuedIdentificationcardor



Passport

HouseholdIncomeDocumentation:

Pleaseprovide the requested items below,ifapplicable to your household for all household  members.For

eachadultinthehousehold 18 years or older, submit the supporting documentation appropriate foreach

typeofincomeindicatedintheprogr a mapplication.Ifneeded,theVerificationofIncomeorR eductionof

Hours/Payform

canbefoundinAppendixA(p.11‐12).

IncomeSource AcceptableDocumentatio n 

Employmentwages



Threecurrentpaycheckstubsor



Employer‐signedformorletterconfirming

wagesor



VerificationofIncomeorReductionof

Hours/Payform

Self‐employment



Profitandlossstatement(s)forthethreemost

recentmonths

Net rental income,income from interest bearing

assets,royaltyincome,interestfrom estatesand

trusts



Mostrecentstatement

Social Security, pensions, retirement, annuities,

disability,deathbenefits



Currentbenefitsletter

Unemploymentinsurance, worker’s

compensation,severancecompensation



Paymenthistoryreflectinggrossbenefit

amount,deductionsandrecentpayments

Any public assistance (General Assistance or

TANF) payments from state or local income

supportoffice



Currentbenefitsletter

Childsupport,familysupport,alimony



Currentbenefitsletter

Armedforcespay



Twocurrentstatements



HousingCostAssistanceDocuments

Provideonlythedocumentationthat appliestothetypeofhousingcostassistancebeingrequested.

AssistanceType



 RequiredDocumentation

PrivateFinancingassistance



Evidenceoftotalbalancedue,brokendownbymonth:

Currentunredactedloanstatement; or

Currentunredactedpast‐duenoticefromservicer;or

Current unredacted reinstatement quote from

servicer

Realestatecontractassistance



Evidenceoftotalbalancedue,brokendownbymonth:

Currentescrowpaymentstatement;or



03/2022 2



Balanceduenotice;or

Currentunredactedreinstatementquotefromescrow

companyorseller

Mobile or manufactured home

loanassistance



Evidenceoftotalbalancedue,brokendownbymonth:

Current mobile or manufactured home loan

statement;or

Currentunredactedreinstatementquote

Mobileormanufacturedlandloan

assistance



Evidenceoftotalbalancedue,brokendownbymonth:

Current mobile or manufactured home loan 

statement;or

Currentunredactedreinstatementquote

Mobile or manufactured home

lot/landpaymentassistance



Evidenceoftotalbalancedue,brokendownbymonth:

Residentledger;or

Noticeofnon‐paymentofrent;or

Currentnoticeof  payment amount andbalancedue;

or

Currentunredactedreinstatementquote



If you have any questions about the application requirements, please call 505.308.4206 or

866.488.0498.

Completedapplicationsmaybe

mailedtoordroppedoffat

:



NewMexicoMortgageFinanceAuthority

3444

StSW

Albuquerque,NM87102



Completedapplicationsmaybefaxedto:



NewMexicoMortgageFinanceAuthority

Attn:NewMexicoHousingAssistanceInterimProgram

Fax:505‐242‐2766



NMHomeownerAssistanceFundManual



Exhibit3‐ProgramPartic ipatio n‐PaymentAcc eptanceAgreement

(Attached)



03/2022 1



NewMexicoHomeownerAssistanceFund

ProgramParticipation‐PaymentAcceptanceAgreement



I wouldliketoparticipateintheNewMexicoHomeownerAssistanceFund.Toreceivepayment,I

willprovidethissignedagreementandaW‐9RequestforTaxpayerIdentificationNumberandCertification.

TenantName(s):

TenantCaseID#:

TenantAddress:

AddressOwner/ManagerReceivesPayments:

RentDueDate RentDue LateFee MonthlyTotal

TotalforAllMonths



ICERTIFYTHAT:



Iamthelandlord,propertymanagerorotherlandlordrepresentativeand/oragentfortheabove‐namedtenant(s),

whocurrentlyreside(s)attheabove‐listedtenantaddress,andIhavealegalrighttoaccepthousingpaymentsfromthe

above‐namedtenant(s)forthetenantpropertyaddressdescribedabove;and



The housing payments listed above represent the entirety of the current outstanding amounts, and the late fees

complywithNewMexicostatelaw;and



Ihavenotreceivedotherfederalornon‐federalbenefitsorassistanceforthetotalmonthlyrentowedbythetenant

namedaboveforthesameperiodoftimeforwhichassistanceisbeingrequested.InnocaseamIentitledtoapayment

foramonththatthetenantdoes

notresideatmyproperty.IfIreceiveadirectrentpaymentforamonththatthetenan t

didnotresideatmyproperty,IshallremittoMFAanamountthatrepresentstheoverpaidrent.Toreturnsuchamountsor

payments,IshallcallMFAat(505)308‐4206

andmailpaymenttoMFAat344FourthStreetSW,Albuquerque,NM87102.I

mustnotcashadirectrentpaymentifthetenanthasmoved.Imaybe prosecutedifIcommitfraudorknowinglyassista

tenanttocommitfraud.IfIamfoundguiltyofcommittingfraud,I

willnolongerbeentitledtoreceivedirectrentpayments.

Imaynotacquirerightstosue[MFA]forpaymentofrentorforabreachofanyobligationsbythetenant.Ialsounderstand

andcertify thatI receiveno othersubsidy and/orassistance from oron behalf of

thistenantfor fullor partialmonthly

rentalpayment.Housingcostassistanceislimited,andthedurationofassistanceasstatedinSection1ofthisagreement.

MFAwillmakeeveryefforttomakehousingcostassistancepaymentsasrequiredbytheleaseagreementbutwillonlybe

responsiblefor late

feesdue to administrativeerrorsby MFA staff.Iunderstand thatassistancemay be terminatedifa 

participantisdeterminedtobenolongereligible,wasnevereligible,hasnotbeenfullyengagedintheprogram,and/orhas

notbeenfullycompliant withprogramrequirementsasdeterminedbyMFA.Examples

non‐complianceincludefailureto

returnphonecallsore‐mailsandfailuretodiscloseallincomeorexpenses.



Inaddition,Iunderstandandagreethatduringthetermofthisagreement,ImustgiveMFAacopyofanynoticetothe

programparticipant tovacatethehousingunit,oranycomplaint usedunderstateorlocallawtocommenceaneviction

actionagainsttheprogramparticipant.



TheinformationprovidedonthisformissubjecttoverificationbyMFA,theDepartmentofFinanceandAdministration(DFA)ortheTreasuryatanytime,andany 

employeeofMFA,DFA,orTreasurymaybesubjecttopenaltiesforunauthorizeddisclosuresorimproperuseofinformationcollectedbasedontheconsent

form.

Useoftheinformationcollectedbasedonthisverificationformisrestrictedtothepurposescitedabove.Anyperson whoknowin glyorwillinglyrequests,obtains

or discloses any information unde r false pretenses concerning an applicant or participant may result in legal action. Any applicant or participant affected by

negligentdisclosure

ofinformationmaybringcivilactionfordamages,andseekotherrelief,asmaybeappropriate.



Owner/Manager

Signature:



Date:



PrintedName:



PhoneNumber:



Address:



City:



State:



Zip:

NMHomeownerAssistanceFundManual



Exhibit4‐VerificationofIncomeand/orReductionofHours/PayForm

(Attached)



03/2022 1



NewMexicoHomeownerAssistanceFund

VERIFICATIONOFINCOMEAND/ORREDUCTIONOFHOURS/PAY



ToEmployer:



Date:





FromApplicant:





Applicant'sAddress:





IhaveappliedtotheNewMexicoHomeownerAssistanceFund. Ihaveauthorized theprogramtoobtaina

verificationofmyincome(and/or) reductionofhoursand/orpayduetoCOVID‐19healthcrisisfromyou.In

orderformyeligibilitytobedetermined,MFAmustverifyallofmyincome.

Therequestedinformationisfor

theconfidentialuseofMFAprogramandtheU.S.DepartmentofHousingandUrbanDevelopmentonly.

I/we further understand that the information provided on this form is subject to verification by MFA, the

DepartmentofFinanceandAdministration(DFA)ortheTreasuryatanytime,

andanyemployeeofMFA,DFA,

orTreasurymaybesubjecttopenaltiesforunauthorizeddisclosuresorimproperuseofinformationcollected

basedontheconsentform.Useoftheinformationcollectedbasedonthisverificationformisrestrictedto

the purposes cited above. Any person who knowingly or willingly requests,

 obtains or discloses any

information under false pretenses concerning an  applicant or participant may result in legal action. Any

applicantor participantaffected by negligent disclosure of informationmay bring civil actionfor damages,

andseekotherrelief,asmaybeappropriate.









SignatureofApplicantDate



EMPLOYER'SVERIFICATION

Pleaseanswerallquestionsbelow.Ifyoudonotanswerallquestions,furtherclarificationwillberequired.

Employee'sName:



PositionHeld:



DatesofEmployment:From



To





TypeofEmployment: PermanentTemporary SeasonalIntermittent

ProbabilityofContinuedEmployment:





CURRENTRATEOFPAY:

Estimated,ifnotactuallypaidonhourly,monthlyorannualbasis: 

Hourly$



;Monthly$



;orAnnually$



Additionalcompensation: (actualamountsreceivedinpast12months)

Overtime:$

 

per

 

;Tips$

 

per

 

;



Commissions,bonuses:$

 

per

 

;





SignatureDate







PrintedNameTitle

NMHomeownerAssistanceFundManual



Exhibit5‐AuthorizationtoReleaseInformationtoThirdPa rty 

(attached)



03/2022 1



HOMEOWNERASSISTANCEFUND

ThirdPartyAuthorization



“I” and “My” means and refers to individually andcollectivelythe undersignedOwnerand Co‐Owner(if any), and any non‐owner

borroweridentifiedbelow.



“Servicer”meansthefirstmortgagelender/serviceridentifiedbelow.



“Third Party” means individually and collectively the third parties (including their employees, contractors, subcontractors, agents,

successor,and

assigns)identifiedbelow.



I authorize the Servicer and any Third Party to obtain, share, release, discuss, and otherwise provide to, and with each other,

information with my public and non‐public personal information contained, related to my mortgage loans, insurance policies and

associated premiums, tax and homeowner payment obligations.This information

 may include (but is not limited to) the name,

address, telephone number, social security number, credit score, credit report, income, government monitoring inform ation, loss

mitigationapplicationstatus,accountbalances,programeligibility,andpaymentactivityoftheOwnerandnon‐ownerborrower.I

alsounderstandandconsenttothe disclosureofmypersonalinformationandthetermsofanyapplications,agreements,orother

communicationsunderanyHomeownerAssistanceFundProgramoperatedbyServicerorMFAtotheU.S.DepartmentoftheTreasury

ortheiragentsinconnectionwiththeirresponsibilitiesundertheAmericanRescuePlanActof2021.



TheServicerandanyThirdPartyisauthorizedtotakesuchstepsasitmaydeemreasonabletoverifytheidentityofaThirdParty,but

hasnoresponsibilityorliabilitytoverifytheidentityofsuchThirdParty.TheServiceralsohasnoresponsibilityorliabilityforwhata

ThirdPartydoeswith

suchinformation.



BeforesigningthisThirdPartyAuthorization,bewareofforeclosurerescuescams!



 AHUD‐approvedhousingcounselor,HFArepresentativeorotherauthorizedthirdpartymayworkdirectlywiththe

Owner’slender/mortgageservicer.

 TheOwnercanvisithttps://www.hud.gov/findacounselortoidentifyaHUD‐approvedhousingcounselingagency.

 Bewareofanyonewhoasksforafeeinexchangeforacounselingserviceormodificationofadelinquentloan.



AllOwnersandnon‐ownerborrowersshouldsignthisThirdPartyAuthorization.ThisThirdPartyAuthorizationisnotrevocableexcept

asotherwiserequiredbyapplicablelaw.



______________________________________ _______________________________________

FirstMortgageLender/ServicerName  [Account][Loan]Number 



PropertyAddress:_____________________________



THIRDPARTIES:

_________________________________ ____________________________________

[CounselingAgency][AgencyContactNameand

PhoneNumber]



_________________________________ ____________________________________

[StateHFAEntity][StateHFAContactNameandPhoneNumber]



_________________________________ ____________________________________

[OtherThirdParty][ThirdPartyContactNameandPhoneNumber]



Thefollowingareoptional:



SecondMortgageLender/ServicerName:_______________________

PhoneNumber:



HazardInsuranceCompany:____________________________________

PolicyNumber:

PhoneNumber:



03/2022 2



CondominiumAssociation(ifapplicable):____________________________________

PhoneNumber:



City/Town/CountyTaxingAuthorities:____________________________________

PhoneNumber



NameofOwner:___________________________________ Employer:_____________________________________

PhoneNumber



NameofOwner:___________________________________ Employer:_____________________________________

PhoneNumber



NameofNon‐OwnerBorrower:_________________________ Employer:_____________________________________

PhoneNumber



NameofNon‐OwnerBorrower:_____________________________Employer:_____________________________________

PhoneNumber

Owner’sAttorney:____________________________________

PhoneNumber:



Other

DesignatedRepresentative(s)authorizedtoactonbehalfofOwner:

Name(s)andTelephoneNumber(s):________________________________ Relationship:________________________

_____________________________________________________________ Relationship:________________________



Other

_____________________________________________________________



IUNDERSTANDANDAGREEWITHTHETERMSOFTHISTHIRD‐PARTYAUTHORIZATION:



OwnerCo‐Owner



__________________________   __________________________________

PrintedNamePrintedName  



__________________________  __________________________________

SignatureSignature



__________________________  __________________________________

DateDate



AdditionalCo‐OwnerAdditionalCo‐Owner



__________________________   __________________________________

PrintedNamePrintedName  



__________________________  __________________________________

SignatureSignature



__________________________  __________________________________

DateDate



Non‐OwnerBorrowerAdditionalNon‐OwnerBorrower



__________________________   __________________________________

PrintedNamePrintedName  



__________________________  __________________________________



03/2022 3



SignatureSignature



__________________________  __________________________________

DateDate

Rev.7/7/2021

NMHomeownerAssistanceFundManual







Exhibit6–IncomeLimi ts

(Attached)



03/2022  1



FY2021HomeownerAssistanceFundIncomeLimits

County Category 1‐Person 2‐Person 3‐Person 4‐Person 5‐Person 6‐Person 7‐Person 8‐Person

Bernalillo County, NM /

Albuquerque,NMMSA

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $83,700 $89,100

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $81,000 $91,150 $101,250 $109,350 $117,450 $125,550 $133,650

CatronCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

ChavesCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

CibolaCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150



03/2022  2



County Category 1‐Person 2‐Person 3‐Person 4‐Person 5‐Person 6‐Person 7‐Person 8‐Person

ColfaxCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

CurryCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

DeBacaCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $86,400 $93,350 $100,250 $107,150 $114,050

Dona Ana County, NM Las

Cruces,NMMSA

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150



03/2022  3



County Category 1‐Person 2‐Person 3‐Person 4‐Person 5‐Person 6‐Person 7‐Person 8‐Person

EddyCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $87,500 $98,450 $109,350 $118,100 $126,850 $135,600 $144,350

GrantCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $82,650 $89,300 $95,900 $102,500 $109,100

GuadalupeCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

HardingCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150



03/2022  4



County Category 1‐Person 2‐Person 3‐Person 4‐Person 5‐Person 6‐Person 7‐Person 8‐Person

HidalgoCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $79,900 $88,500 $95,050 $101,600 $108,150

LeaCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $83,200 $92,400 $99,800 $107,200 $114,600 $122,000

LincolnCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $80,600 $89,550 $96,750 $103,900 $111,050 $118,250

LosAlamosCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$134,200 $153,400 $172,550 $191,700 $207,050 $222,400 $237,750 $253,050



03/2022  5



County Category 1‐Person 2‐Person 3‐Person 4‐Person 5‐Person 6‐Person 7‐Person 8‐Person

LunaCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

LunaCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

McKinleyCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

MoraCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150



03/2022  6



County Category 1‐Person 2‐Person 3‐Person 4‐Person 5‐Person 6‐Person 7‐Person 8‐Person

OteroCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

QuayCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

RioArribaCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

RooseveltCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $83,100 $89,750 $96,400 $103,050 $109,700



03/2022  7



County Category 1‐Person 2‐Person 3‐Person 4‐Person 5‐Person 6‐Person 7‐Person 8‐Person

San Juan County, NM /

Farmington,NMMSA

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $80,600 $89,550 $96,750 $103,900 $111,050 $118,250

SanMiguelCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

SandovalCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $81,000 $91,150 $101,250 $109,350 $117,450 $125,550 $133,650

SantaFeCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $87,600 $98,550 $109,500 $118,300 $127,050 $135,800 $144,550



03/2022  8



County Category 1‐Person 2‐Person 3‐Person 4‐Person 5‐Person 6‐Person 7‐Person 8‐Person

SierraCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

SocorroCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

TaosCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $81,900 $88,500 $95,050 $101,600 $108,150

TorranceCounty,NM

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $81,000 $91,150 $101,250 $109,350 $117,450 $125,550 $133,650



03/2022  9



County Category 1‐Person 2‐Person 3‐Person 4‐Person 5‐Person 6‐Person 7‐Person 8‐Person

UnionCounty,NM Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $79,900 $79,900 $82,950 $89,600 $96,250 $102,900 $109,500

Valencia County, NM /

Albuquerque,NMMSA

Greater of 100% AMI

or 100% U.S. Median

Income

$79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900 $79,900

Greater of 150% AMI

or100%ofU.S.Median

Income

$79,900 $81,000 $91,150 $101,250 $109,350 $117,450 $125,550 $133,650

