Tierra del Sol Housing Corporation

Street Address:
880 Anthony Dr.
Suite 3 C&D
Anthony, NM 88021
Mailing Address:P0 Box 2626
Anthony, NM 88021

Phone: 575-882-3554
Fax: 575-882-3622
Website: www.tierradelsolhousing.org

Rose Garcia, Executive Director

Contact Name: Rose Garcia
Phone: 575-882-3554x213
Fax: 505-882-3659
Email: rgarcia@tierradelsolhousing.org


Staff Size: Full Time: 21    Part Time: 2

Background
Organized by farmworkers, a minister and a county commissioner to create housing for people who had little hope of achieving the American dream of owning their own home, Tierra del Sol has become one of the largest nonprofit, rural housing development corporations (by numbers of units produced) in the Country. Tierra del Sol was incorporated in New Mexico on April 2, 1973, and was later incorporated in Arizona and Texas. Tierra del Sol’s primary areas of work have been Las Cruces and the South Valley (rural New Mexico and extreme western Texas), El Paso and Colonias of the Rio Grande. Tierra del Sol assists populations that are characterized by, but not limited to, the following groups: farmworkers, elderly citizens, developmentally disabled citizens, disenfranchised groups, disadvantaged groups, and moderate income families. Mission

Mission
The mission of the Tierra del Sol Housing Corporation is to provide training and technical assistance in the field of self-help housing. To develop, acquire, construct, provide and operate housing and related facilities suited to the special needs and living requirements of low- to moderate-income families without regard to race, color, creed or national origin.

Total Operating Expense (9/30/2007): $2,956,067

 Lines of Business
  • Asset and Property Management

  • Community Based Economic Development

  • Community Building and Organizing

  • Home Ownership Promotion Services

  • Lending and Loan Portfolio Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Campaign for Home Ownership
  • NeighborWorks Multifamily Initiative

    • Accomplishments in FY 2008
  • Provided 121 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 43 rental or owner occupied units (1-4 units).
  • Assisted 48 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 1028 rental units.
  • Invested $188,694 in the community through Tierra del Sol Housing Corporation's revolving loan fund, which leveraged $15,450,824 from conventional lenders and other sources.
  • Total direct investment in the community is $15,639,518.

    • Additional Accomplishments
    Date Additional Accomplishment
    11/28/2006 Franklin VI Section 515 24 unit Apartments in Anthony, N.M. under construction.
    11/28/2006 Franklin VII 514 Apartments, 24 Units in Anthony, N.M. under construction.
    11/28/2006 Los Altos 72 Family Unit Apartments in Las Cruces, NM
    11/28/2006 St. Anthony Subdivision, Anthony, NM 54 Self Help Homeownership lots/36 sold
    11/28/2006 Dos Lagos Homes Phase 1/54 Self Help lots in Anthony NM
    11/28/2006 Dos Lagos Homes Subdivision Phase II/35 Self Help lots in Anthony NM
    11/28/2006 Herrera Subdivision 21 Self Help/Contract Management units in Mesquite, NM
    11/28/2006 Manzanita Subdivision 6 Self Help lots completed and occupied
    11/28/2006 Paseo del Oro Subdivision 63 Self Help lots in Las Cruces
    11/28/2006 Hadley/Almendra 2 historic single family Subdivision lots.
    11/28/2006 Hacienda Santa Barbara Apartments in Socorro, TX, 41 units of family farm labor rental housing

    Community Services
  • Community Building

  •  Community Outreach and Organizing

  •  Leadership Training

  • Financial Planning and Assistance

  •  Down-payment Assistance

  •  Foreclosure Prevention Training

  • Green Building and Home Improvement

  •  Environmental Friendly Building Materials

  •  Indoor Environment Quality

  •  Renewable Energy Resources

  •  Sustainable Site Planning

  •  Water Quality and Conservation

  • Housing Programs and Home Ownership Counseling

  •  Home Ownership Center

  •  Housing for Elderly

  •  Housing for Handicapped


    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    Patrick BanegasBoard PresidentNon-Profit Institution  
    Larry GarciaBoard Vice PresidentBusiness  
    Mary GarciaBoard Secretary; Board TreasurerResident  
    Robert GonzalezBoard MemberResident  
    Frank GutierrezBoard MemberFinancial Institution  
    Richard MedinaBoard MemberFinancial Institution  
    Tomas MendezBoard MemberLocal Government  
    Dolores RedeBoard MemberResident  
    Larry SalazarBoard MemberState Government  
    Roberto SapienBoard MemberResident  
    Tommy VasquezBoard MemberResident  
    Liz YbarraBoard MemberResident  

    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