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News and Press Releases

One-on-One with Mike Loftin

Albuquerque Journal | March 26, 2018 – Thank goodness for Mr. Box. Mr. Box was Mike Loftin’s math teacher at McKinley Middle School, one of those iconic teachers who set you on the right path at just the right moment of life.

Homewise, Loan Fund get Compass Investment

Albuquerque Journal | March 2, 2018 – Two New Mexico groups that make loans to boost home and small business ownership have gotten a total of $2.8 million in low-interest loans from BBVA Compass bank. Homewise, which helps people buy homes, has received $2.3 million, and The Loan Fund has received a $500,000 loan from the bank.

Bank Invests Millions in New Mexico Nonprofits

Albuquerque Business First | March 2, 2018 – On Thursday, Birmingham, Alabama-based BBVA Compass gathered clients and other leaders from Homewise Inc. and the New Mexico Community Development Loan Fund to announce it was going to invest $2.8 million to the two organizations.

The Great Recession Was a Big Step Backward for Black Homeowners

USA Today | February 26, 2018 – Gwynn Gittens had always been a renter, and every place she rented had white walls. When she saw the Lehigh Acres, Fla., spec house with its pale gold walls and Italian tiles, “It was just perfect,” Gittens said. “This was home.”

“Attainably-priced” Homes Opening Near Santa Fe Arts District

Albuquerque Journal | February 21, 2018 – El Camino Crossing, north Siler Road near Agua Fria, opens this weekend. The project is headed by housing nonprofit Homewise. According to CEO Mike Loftin, it currently includes 40 homes and spots for two restaurants.

Healing Power: Barelas Pharmacy Born Again

Albuquerque Journal | February 12, 2018 – Plastic shoe boxes and bags filled with mint, chamomile and many other plants still line the old wooden shelves at the historic B. Ruppe Drugs pharmacy building in Barelas.

Making Single-Family Homes Accessible in Hot Markets

The MReport | February 12, 2018 – A New Mexico-based homeownership support nonprofit called Homewise, is advocating a lending model where a low-income household can afford to buy a home even if they don’t have a large down payment ready.