New Mexico faces intense wildfires fueled by drought and high winds, catastrophic flash flooding in burn scars and arroyos, severe thunderstorms with large hail and tornadoes, extreme heat, damaging straight-line winds, rare river flooding, and occasional winter blizzards in the north.

Grant Programs

Mitigation grant programs provide homeowners with funds to enhance their homes' resilience against storms and other natural hazards, such as wildfires and floods.

  • FORTIFIED Fund Grant Program - Qualifying households may receive up to $15,000 for a roof replacement on an existing home or up to $7,500 towards a FORTIFIED Roof on a new construction property. The Federal Home Loan Bank of Dallas operates this program. More Details.
  • Wildfire Prepared Act: Under Development. The state will launch a $20 million grant program that funds home hardening, defensible space, and fuel reduction in rural high-risk communities—explicitly aligning with IBHS FORTIFIED Home wildfire standards—to help homeowners slash ignition risk and insurance premiums. 

Mitigation Insurance and Tax Incentives

Property owners, residents, and businesses can receive insurance discounts and tax breaks to build stronger to better withstand damage from natural hazards.

  • FHLB Dallas Affordable Housing Program (AHP) The Federal Home Loan Bank of Dallas's Affordable Housing Program awards grants to member institutions for affordable housing developments, prioritizing FORTIFIED construction with additional scoring points to enhance resilience against storms. More Details.

Continuing Education

We are a certified Continuing Education Provider offering specialized training for Insurance Agents, Adjusters, Home Builders, Roofers, and Real Estate Agents to enhance their expertise and meet professional licensing requirements.

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"Really appreciated this class. Very rarely have I been in a CE class that actually teaches me something USEFUL for my team to offer to customers. Appreciate it!"

- Insurance Agent

Funding to Help Rebuild or Re-Roof

These federal and mortgage-backed programs may provide financing for disaster recovery, home repairs, energy upgrades, and rehabilitation, supporting homeowners, renters, and small businesses, particularly for those with low incomes or who are affected by disasters.

Small Business Administration Loans - Those affected by a disaster can rebuild stronger by increasing their SBA disaster assistance loan up to 20% of the verified physical damage to make mitigation improvements. There is no cost to apply, and you are under no obligation to accept a loan if approved.

  • Generally, borrowers have two years after loan approval to request an increase for higher rebuilding costs, code-required upgrades, or mitigation.
  • Call (800) 659-2955 and ask about increasing your loan for mitigation purposes, or visit sba.gov/disaster for more information.

Fannie Mae HomeStyle Renovation Loans - A mortgage that provides a simple and flexible way for borrowers to renovate or make home repairs with a conventional first mortgage, rather than a second mortgage, home equity line of credit, or other more costly methods of financing.​

Fannie Mae HomeStyle Energy Loans - A mortgage that helps lenders offer financing for homeowners to increase home energy efficiency and reduce utility costs.

  • Both HomeStyle Renovation and HomeStyle Energy mortgages may be combined with a HomeReady® mortgage so that low-income borrowers can take advantage of flexible features and additional savings.

USDA- Single Family Housing Repair Loans & Grants - A loan program providing loans to very-low-income homeowners to repair, improve, or modernize their homes. Grants are also available for very-low-income elderly homeowners to remove health and safety hazards.

HUD 203(k) Loans - A loan program for rehabilitating and repairing single-family properties, allowing homebuyers and homeowners to finance both the purchase or refinancing of a house and the cost of its rehabilitation through a single mortgage, or to finance the rehabilitation of their existing home.

  • The 203(k) program permits homebuyers and homeowners to finance up to $35,000 into their mortgage to repair, improve, or upgrade their homes.

HUD Mortgage Insurance for Disaster Victims - 203 (h) - Loan program for renters or homeowners if their homes are located in an area designated by the President as a disaster area and were destroyed or damaged to such an extent that reconstruction or replacement is necessary. These loans may be used to finance the purchase or reconstruction of a one-family home that will be the homeowner's principal residence.

  • The borrower must submit their application to an FHA-approved lending institution within one year of the President's disaster declaration.

Resilience Policy and Legislation

Legislation and regulation are tools used to encourage and incentivize building to higher standards, thereby reducing losses and costs for property owners and residents.

  • NM 2025 SB 33/Wildfire Prepared Act: Enacts the Wildfire Prepared Act, creating a $20 million Wildfire Prepared Fund and Program administered by the Energy, Minerals and Natural Resources Department to deliver grants, technical assistance, and training for rural and high-risk communities to harden homes with fire-resistant materials, create defensible space buffers, reduce hazardous fuels, and achieve "wildfire prepared" certification, explicitly prioritizing resilient retrofits compatible with IBHS FORTIFIED Home standards to slash ignition risk and insurance costs in wildfire-prone areas. More Details.

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