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2008 CAPER Tables - MFA - Housing New Mexico

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Table 1<br />

Priorities from Consolidated Plan FY 2006-<br />

2010<br />

<strong>2008</strong> <strong>MFA</strong> Goals and *Outcome Measurement<br />

(<strong>MFA</strong> administered resources/units)<br />

To date Actual Expended Units 5 Year Goal Outcome Measurement<br />

4: Expand housing opportunities and access for special needs populations<br />

Expand housing opportunities and access for<br />

special needs populations by 15%<br />

4.1 Provide low interest loans to make<br />

accessiblity improvements to existing single<br />

family homes for people with disabilities.<br />

Encourage accessible design in new<br />

construction of affordable units.<br />

4.2 Provide incentives for/encourage<br />

development of elderly, disabled and other<br />

special needs with services.<br />

5: Expand the supply of decent, safe affordable rental housing<br />

State <strong>Housing</strong> Trust Fund<br />

see 2.1 above<br />

HOME<br />

see 2.1 above<br />

WAP<br />

see 2.1 above<br />

*Numbers are duplicates of goals listed above<br />

$500,000/25 HOME Rental $469,130.00 6<br />

$500,000/50 LIHTC<br />

$2,000,000/40 542(c) Risk Share Loans $892,000.00 60<br />

*115 affordable rental units for elderly & special needs tenants 66<br />

Reduce the proportion of renters who are<br />

cost-burdened.<br />

5.1 Increase supply of decent, safe and<br />

affordable rental housing.<br />

5.2 Increase <strong>MFA</strong> partner capacity to develop<br />

affordable rental housing.<br />

5.3 Preserve the affordability of expiring use<br />

properties.<br />

$50,000,000 LIHTC $56,564,990.00 391<br />

$3,000,000 HOME Rental $5,012,662.00 634<br />

$1,000,000 Primero $1,177,200.00 101<br />

$3,000,000 Risk Share $3,825,000.00 190<br />

*150 new affordable rental units 1316<br />

$150,000/20 HOME T&TA $10,626.00 180<br />

$45,000/200 RCDI $34,400.00 249<br />

$70,000/300 <strong>MFA</strong> General Fund $70,000.00 500<br />

*329 partners assisted, with some duplication from 1.6 above 929<br />

$500,000/25 HOME Rental $8,906,131.13 280<br />

$300,000/9 LIHTC $3,570,670.00 25<br />

$1,000,000 Risk Share-Bond Financing $8,000,000.00 127<br />

432<br />

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