Date of Publication: January 17, 2021
New Mexico Mortgage Finance Authority
344 4th Street SW
Albuquerque, New Mexico 87102

On or after January 25th, 2021 the New Mexico Mortgage Finance Authority (MFA) will submit a request to the Department of Housing and Urban Development for the release of 2020 Neighborhood Stabilization Program (NSP 1) funds under Division B, Title III of the Housing and Economic Recovery Act (HERA) of 2008, and (NSP 3) funds under Section 1497 of the Wall Street Reform and Consumer Protection Act of 2010 (Pub. L. 111-203, approved July 21, 2010) (Dodd-Frank Act): as amended, to undertake the following projects:

Program Title: Neighborhood Stabilization Program
(NSP 1 and NSP 3)
Purpose: To assist communities that have been or are likely to be affected by foreclosed and abandoned properties. These communities will be assisted through the funding of acquisition, rehabilitation, and sale/rent costs of select properties to provide more affordable housing opportunities and housing market stabilization.
Location: The program will be offered in Rio Arriba County and Sandoval County.
Program Description: Qualified service providers will provide services to ensure the same use of the buildings are maintained for the benefit of low- and moderate-income New Mexicans. These services include acquisition and rehabilitation and the sale/rent of properties. Rehabilitation activities will ensure necessary code compliance, health and safety standards, and energy efficiency repairs are identified and met. Tier II site specific reviews will be completed for those laws and authorities not addressed in the tier I broad review for each address under this program when addresses become known.
Level of Environmental Review Citation: Categorically Excluded Subject To 24 CFR 58.35(a)(3) and (5) subject to laws and authorities at 58.5.
The Tier II site-specific reviews will cover the following laws and authorities not addressed in the tier I broad review: Airport Hazard, Flood Insurance, Flood Management, Contamination and Toxic Substances, and Historic Preservation.
Mitigation Measures/Conditions/Permits (if any): None.
Estimated Project Cost: $3,526,506

The activity/activities proposed are categorically excluded under HUD regulations at 24 CFR Part 58 from National Environmental Policy Act (NEPA) requirements per 24 CFR Part 58.5(a)(3)(i) and (5). An Environmental Review Record (ERR) that documents the environmental determinations for this project is on file at MFA. The ERR will be made available to the public for review either electronically or by U.S. mail. Please submit your request by U.S. mail to MFA, 344 4th Street, Albuquerque, NM 87102 or by email to [email protected]. For more information please call (505)-843-6880 .


Any individual, group, or agency may submit written comments on the ERR to MFA. All comments received by January 26th, 2021 will be considered by MFA prior to authorizing submission of a request for release of funds.


MFA certifies to HUD that Isidoro Hernandez, Certifying Officer, in his capacity as Executive Director consents to accept the jurisdiction of the Federal Courts if an action is brought to enforce responsibilities in relation to the environmental review process and that these responsibilities have been satisfied. HUD’s approval of the certification satisfies its responsibilities under NEPA and related laws and authorities and allows MFA to use Neighborhood Stabilization Program funds.


HUD will accept objections to its release of fund and MFA certification for a period of fifteen days following the anticipated submission date or its actual receipt of the request (whichever is later) only if they are on one of the following bases: (a) the certification was not executed by the Certifying Officer of MFA; (b) MFA has omitted a step or failed to make a decision or finding required by HUD regulations at 24 CFR part 58; (c) the grant recipient or other participants in the development process have committed funds, incurred costs or undertaken activities not authorized by 24 CFR Part 58 before approval of a release of funds by HUD; or (d) another Federal agency acting pursuant to 40 CFR Part 1504 has submitted a written finding that the project is unsatisfactory from the standpoint of environmental quality. Objections must be prepared and submitted in accordance with the required procedures (24 CFR Part 58, Sec. 58.76) and shall be addressed to HUD’s Albuquerque Field Office at [email protected]. Potential objectors should contact HUD to verify the actual last day of the objection period.

Isidoro Hernandez, Executive Director
MFA, Certifying Officer

Journal: January 17, 2021