CYFD and MFA join landlords in helping young adults facing homelessness

Secretary to the Cabinet Barbara J. Vigil

CYFD News:

SANTA FE – The Children, Youth and Families Department (CYFD) and the New Mexico Mortgage Finance Authority are working to provide stable housing for young adults, through an innovative program specifically designed for young adults who have met barriers to housing.

The Landlord Collaboration program encourages landlords and property managers to rent to older youth and young adults who are struggling to find rental accommodation.

The key, according to CYFD, is the landlord who can step in to help end youth homelessness.

The program provides additional supports and protections for landlords who wish to rent to this youth population.

These materials include:

  • Financial insurances for owners to mitigate the risk of potential damage to their property with reimbursements available up to $2,500 for occurrences beyond those covered by the deposit
  • Up to $1,000 for landlords to make improvements to their properties for HUD compliance
  • Up to one month’s worth of rent for vacancy losses refundable to landlord if repairs are needed
  • Regular check-ins between the Housing Liaisons and both parties to provide early identification and resolution of any issues arising during the tenancy.

Young adult participants also benefit from access to resources for success such as case management, life skills support services, and housing-specific supports, including assistance in navigating the rental process.

In addition, qualified landlords benefit from access to a regular pool of candidate tenants.

To qualify for the program, landlords must be willing to rent to vulnerable young people between the ages of 18 and 24. For now, this program is available to young adults affiliated with service providers in select pilot areas of the state, including the 14 northern regions. counties in NM and the Albuquerque metro area.

“This program holds great promise for improving outcomes for youth in transition. Providing young New Mexicans on the path to independence with the additional supports they need in the form of facilitated housing, case management and other resources is fundamental to their future success,” said the CYFD Cabinet Secretary, Barbara J. Vigil.

“Programs like these provide young adults with substantial tools for sustained transitions into adulthood,” Vigil said. “They represent the type of meaningful community-level collaborations that are critical to the health and well-being of older young people in New Mexico.”

New Mexico landlords or property managers who want to join the effort to house vulnerable young adults may find more information on the program website.

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