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2008 CAPER Tables - MFA - Housing New Mexico

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Goal 5 - Align strategically and operationally Printed Date: 02/26/2009<br />

Objective 6 - Continue to develop and implement marketing<br />

plan that builds awareness of <strong>MFA</strong>’s key target audiences<br />

and positions <strong>MFA</strong> as a leader in the affordable housing<br />

industry.<br />

Strategies<br />

1-Evaluate and determine institutional commitment for a name change with staff, partners, and Board.<br />

After two initial meetings and an survey of <strong>MFA</strong> employees and board members, an initial strategy has been approved. 3 Advertising will roll out its<br />

proposed name and logo changes in November.<br />

2-Develop target-specific marketing for specific-program initiatives (WAP Lite, HERO, etc.).<br />

In two initial meetings with 3 Advertising and a survey with <strong>MFA</strong> employees and board members, specific target markets were agreed upon.<br />

3-Create benchmark for media stories.<br />

Since the new communication manager was hired in June, <strong>MFA</strong> has had 18 feature newspaper stories, two television stories, and two radio news<br />

segments. The <strong>MFA</strong> was mentioned in more than 30 other news stories.<br />

4-Submit success stories to PIO for external communication (ongoing).<br />

Working with <strong>MFA</strong> people in the field, five success stories have been written and communicated externally.<br />

5-<strong>MFA</strong> open house to partners (to alternate with Governor’s <strong>Housing</strong> Summit).<br />

Does not apply in <strong>2008</strong>, a <strong>Housing</strong> Summit year<br />

6-Contract with marketing firm to develop and implement marketing plan.<br />

Hired 3 Advertising. Have developed a preliminary marketing strategy. Plan to roll out campaign before the legislative session.<br />

7-Produce <strong>MFA</strong> Annual Report.<br />

Will begin work on report in November. Outline is developed.<br />

8-Promote ourselves by applying for the various awards that highlight our successes (NCSHA, HUD, Enterprise, Community, etc.).<br />

Sent five award applications in to NCSHA in September. Won a rural housing development award from Affordable <strong>Housing</strong> magazine.<br />

Comments<br />

3 out of 8 Strategies Not Met. ET has determined that this Objective was Not Met<br />

Objective 7 - Prepare for <strong>2008</strong> Governor’s <strong>Housing</strong> Summit.<br />

Percent Complete:<br />

Objective Status: Not Met<br />

Strategy Target Date<br />

Met<br />

Strategy Target Date<br />

Met<br />

Strategy Target Date<br />

Met<br />

Strategy Target Date<br />

Met<br />

Strategy Target Date<br />

On Target<br />

Strategy Target Date<br />

On Target<br />

Strategy Target Date<br />

On Target<br />

Strategy Target Date<br />

Met<br />

Percent Complete:<br />

Objective Status: Met<br />

Strategies<br />

1-Form committee and begin planning October 2007.<br />

This strategy is on target<br />

2-Committee to define the goals of the conference in regards to type of speakers, focus of sessions, attendance, cost, target audiences,<br />

training, etc.<br />

Committee starting to work on goals of the conference.<br />

3-Plan program training at Governor’s <strong>Housing</strong> Summit (est. Nov. 08).<br />

Committee working on planning a program training.<br />

4-Budget to provide flexibility in the early planning to draw national speakers and have cutting edge sessions.<br />

Budget is set to provide flexibility in the early planning to draw national speakers and have cutting edge sessions.<br />

Strategy Target Date<br />

On Target<br />

Strategy Target Date<br />

On Target<br />

Strategy Target Date<br />

On Target<br />

Strategy Target Date<br />

On Target<br />

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