WASHINGTON –U.S. Senator Tom Udall (D-NM) today announced that the U.S. Department of Agriculture will launch a new Single Family Housing Guaranteed Rural Refinance Pilot Program in New Mexico to help rural borrowers refinance their mortgages. Currently, approximately 2,000 New Mexico families are enrolled in the Single Family Housing Guaranteed Program. They are now eligible […]
Federal program aimed at helping homeowners with mortgage payments
July 15, 2011
Alisa Boswell: Freedom New Mexico Eastern Plains Housing Development Corporation Executive Director Monica Gutierrez and associates, from left, Chandra Hall, April Uribe and Anna Avila, go over dates for housing plans Friday. Gutierrez said the corporation is in full support of a new federal homeowners loan program, which helps pay mortgages for struggling homeowners. Alisa […]
Weekly update — March 20
March 19, 2011
Damage assistance deadline extended The application deadline has been extended to April 1 for uninsured homeowners needing assistance repairing damages from cold weather. To be eligible, applicants must be homeowners without insurance who fall within established low to moderate income levels and must occupy the damaged home. The grants are provided through the Small Cities […]
HAP aids military homeowners
June 1, 2010
By Tom Philpott: Military Update Like thousands of Amer-ican homeowners, John and Susan, a Coast Guard couple, were slammed financially by the real estate crisis. They saw the value of the $150,000 house they bought in Texas in March 2006 plummet, starting in 2007. This month they will sell it for $125,000, well below the […]
Rep. Lujan cosponsors legislation to aid military homeowners
March 25, 2010
Cannon Connections staff Rep. Ben Ray Lujan has cosponsored legislation to help military homeowners who have had to relocate to a new base and sell their homes during a downturn in the housing market, according to a press release from the state representative’s office. In Curry County and the surrounding area, many Cannon airmen and […]
Officials announce homeowners assistance program details
September 30, 2009
American Forces Press Service WASHINGTON — Defense Department officials announced Sept. 30, the details for distributing $555 million available under the Homeowners Assistance Program The program is part of the American Recovery and Reinvestment Act passed in February, and it’s designed to partially reimburse those whose service to the nation has required them to relocate […]
One house burned in fire
April 9, 2009
Freedom New Mexico: Argen Duncan Firefighters, from left, C.J. Watson, Mike Clark and Michael Mapp keep an eye on the still-burning ruins of county resident Weldon Carmichael’s house after a grassfire destroyed it Thursday. The fire burned 1,300 acres, but no injuries were reported By Argen Duncan: Freedom New Mexico A grassfire southwest of Causey […]
Stimulus includes help for homeowners
March 19, 2009
Cannon Connections photo: Argen Duncan Cannon Air Force Base Community Readiness Consultant Linda Sapp has recommendations for military personnel trying to protect their finances in the midst of the country’s economic troubles. By Argen Duncan: Cannon Connections Military personnel aren’t immune from the country’s economic troubles, especially when it comes to selling houses, but they […]
Officials: Stimulus package should help homeowners and schools
February 11, 2009
By Garbiel Monte and Argen Duncan As a stimulus package aimed at infusing almost $800 billion into the economy hurtles through Congress on its way to the president’s desk, eastern New Mexico residents are hopeful it boosts the economy. Eastern New Mexico officials said the package should include money to help homeowners fight foreclosure and […]
Egolf proposes tax districts for solar loans
February 4, 2009
By Staci Matlock: The New Mexican New Mexico homeowners could get loans for solar electricity systems and pay back the money through their property taxes under a bill introduced Tuesday by Rep. Brian Egolf, D-Santa Fe. House Bill 572 would allow counties to establish special assessment districts for solar-energy improvements. Egolf thinks it is the […]
Home equity hits more than 60 year low
March 6, 2008
The Associated Press NEW YORK — Americans’ percentage of equity in their homes fell below 50 percent for the first time on record since 1945, the Federal Reserve said Thursday. Homeowners’ portion of equity slipped to downwardly revised 49.6 percent in the second quarter of 2007, the central bank reported in its quarterly U.S. Flow […]
Flood protection shouldn’t fall on rest of us
September 13, 2007
By Freedom Newspapers The American dream includes owning one’s own home. For many in New Mexico, those homes are in or near the mountains. In coastal states, it’s often beach-front property — where folks such as Cindy Armour can be lulled to sleep by the sound of waves washing ashore and awaken to the cries […]
Officials: Choose building contractors carefully
May 8, 2007
By Jean Verlich: CNJ news editor With many area residents beginning home improvement projects at this time or fixing damage from the March 23 tornado, city officials advise: Hire licensed contractors. Clovis city building safety director Pete Wilt said New Mexico requires contractors to be licensed and homeowners should ask to see their license when […]
Sheriff: Burglaries appear related
July 7, 2006
CNJ Staff A string of home burglaries in Curry County earlier this week appear to be connected, according to the Sheriff’s Department. Between Monday and Wednesday there were four burglaries, all but one occurred in a subdivision located north of Mesa Elementary School, Curry County Sheriff Roger Hatcher said. The fourth occurred on N.M. 77 […]
