Homewise, Inc.

Street Address:
1301 Siler Road, Building D
Santa Fe, NM 87507



Phone: 505-983-9473
Fax: 505-983-4655
Website: www.homewise.org

Michael Loftin, Executive Director

Contact Name: Michael Loftin
Phone: 505-955-7023
Fax: 505-983-4655
Email: mloftin@homewise.org



Staff Size: Full Time: 24    Part Time: 3

Background
Homewise, Inc. was founded as Neighborhood Housing Services of Santa Fe in 1986 to provide home-improvement loans to low-income residents of Santa Fe's west side. In 1992, the organization expanded its services to include home purchase, home repair, home-buyer and homeowner success classes, and real estate development of affordable homes. Since its founding, Homewise has helped over 2000 people purchase homes and over 1450 people keep their homes by providing financial and technical assistance for home repair. In addition, Homewise has trained and counseled more than 7000 people toward successful homeownership and has built over 400 quality affordable homes.

Mission
The mission of Homewise is to help modest income New Mexicans become successful homeowners in order to strengthen families, create wealth, and build strong communities.

Total Operating Expense (9/30/2007): $12,514,505

Lines of Business
  • Home Ownership Promotion Services

  • Lending and Loan Portfolio Management

  • Real Estate Development


  • National NeighborWorks ® Programs
  • NeighborWorks Campaign for Home Ownership

  • Accomplishments in FY 2008
  • Provided 338 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 69 rental or owner occupied units (1-4 units).
  • Assisted 119 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 0 rental units.
  • Invested $18,832,890 in the community through Homewise, Inc.'s revolving loan fund, which leveraged $9,324,656 from conventional lenders and other sources.
  • Total direct investment in the community is $28,157,546.

  • Additional Accomplishments
    Date Additional Accomplishment
    3/17/2008 Homewise recently completed and put under contract the final home of Evergreen, an 80-unit housing development in Santa Fe. This development has increased the dwindling supply of affordable homes in the area. This development is unique because its focus is on using energy and water efficiently to preserve natural resources and keep the long-term cost of living in the home affordable for the homeowner. All homes are Energy Star(R) rated.
    4/23/2008 Teacherwise is a partnership between Homewise and the Santa Fe Public School District which offers an opportunity for teachers to purchase or repair homes in Santa Fe, with the goal improving the quality of life for teachers and ultimately reducing the high rate of turnover among teachers. Building on the initial success of Teacherwise, the SFPSD recently expanded the program to include all Santa Fe public school employees. Recently SFPS School Board celebrated the 100th school employee to become a homeowner through the Teacherwise program.
    7/16/2008 On June 4, 2008, Homewise, along with Governor Bill Richardson and representative of the City and County of Santa Fe, New Mexico Mortgage Finance Authority and NeighborWorks® America, broke ground on Desert Sage, Homewise’s newest neighborhood. Located off of Richards Avenue, South of Governor Miles Road, the 80-unit development will be built to high construction and quality standards and will include energy and water saving features well beyond those required by building codes. The project will provide Santa Fe families with affordable homeownership options, while also setting a new standard for the design and construction of affordable, energy- and water-conserving homes. Affordable Housing to Strengthen Santa Fe’s Families • Homewise’s new subdivision will consist of 80 units, ranging in price from $97,000 for the most affordable 2-bedroom unit to about $275,000 for a market rate 4 bedroom unit • All homes will be affordable to families earning $60,000 or less • At least 50 of the homes will be priced below $200,000 • The 27-acre site includes a neighborhood park and more than 8 acres of open space Green Building To Protect the Environment • Domestic solar hot water and recirculating hot water pumps • All homes individually tested and EnergyStar Certified to be at least 30% more energy efficient than the national model building code • Blown-in and under slab insulation • Passive solar design reducing heating and lighting costs • Energy Star Appliances, including front loading washing machine and refrigerator • Low-E Windows • Low flow plumbing fixtures and appliances • Xeriscaped yard and common area landscaping
    9/2/2009 _

    Community Services

  • Community Building

  •  Community Outreach and Organizing

  • Financial Planning and Assistance

  •  Down-payment Assistance

  •  Financial Education

  • Green Building and Home Improvement

  •  Energy Conservation Programs

  •  Environmental Friendly Building Materials

  •  Home Maintenance Training

  •  Renewable Energy Resources

  •  Sustainable Site Planning

  •  Water Quality and Conservation

  • Housing Programs and Home Ownership Counseling

  •  Home Ownership Center

  •  HomeBuyers Club

  •  Section 8 Housing


  • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    Kate CampbellBoard MemberBusinessPranzo Italian Grill - Santa Fe Business Campaign for Homeownership Partner and Homewise HomeownerGeneral Manager and Vice President of Operations
    Arturo EstradaBoard MemberResident Government Coordinator, Native American Benefits, Office of Aging
    Teresa Leger de FernandezBoard PresidentBusiness Attorney Specializing in Native American Law and Representation
    Viola LujanBoard Vice PresidentNon-Profit InstitutionSalvation Army - Santa Fe, NMBusiness Administrator
    Frank MatthewBoard MemberBusiness Attorney
    Tamarra OrtizBoard MemberResident Administrative Assistant - Office of the Governor
    Andy SpinglerBoard SecretaryBusiness  
    Deborah WebsterBoard MemberNon-Profit InstitutionEnterprise Foundation - Santa Fe, NMNative American Program Director

    About the NeighborWorks ® Network

    The NeighborWorks® network is a nationwide network of more than 240 community development organizations working in nearly 4358 urban, suburban and rural communities across America. These organizations engage in revitalization strategies that strengthen communities and transform lives. In the last five years alone, NeighborWorks® organizations have generated more than $8.5 billion in reinvestment and helped more than 500,000 families of modest means purchase or improve their homes or secure safe, decent rental or mutual housing.

    NeighborWorks ® America Contact Information
    District:  Rocky Mountain
    Name:  Josie Martinez-Littig
    Phone:  303-782-4805
    Toll-Free:  
    Fax:  303-782-5568
    Email:  jlittig@nw.org