This year’s annual report theme, ‘A Place to Call Home’ is a theme that has been present throughout the year. This year Homewise hit a milestone by helping to create our 5,000th homeowner! You can read about Angel, our 5,000th homeowner, and watch a video capturing her inspiring story in this report.

Homewise has also been focused on our own ‘Place to Call Home.’ The renovation of the Orpheum Community Hub, our new Albuquerque Homeownership Center, is complete and allows us to expand our work of creating successful homeowners and strengthening neighborhoods. In addition, we are nearing completion of the expansion of our Santa Fe Homeownership Center to support the growth in our organization and to serve more families with our comprehensive homeownership services.

We are expanding our community development work in Albuquerque to create catalytic impact in disinvested communities and support neighborhood revitalization and stabilization to benefit existing residents. Our home acquisition and rehabilitation program is focused on particular neighborhoods including Barelas, South Broadway and the International District. We will also be opening our first commercial real estate development project, the Ruppe, to promote economic development and preserve a cultural landmark in the Barelas community.

In Santa Fe, we completed phase I of Homewise Homes at El Camino Crossing, including building and selling 40 affordable single-family homes, and are nearing completion of the development of 13 affordable condos in phase II. We will also be launching a new community, Homewise Homes at Vista Serena at the end of 2019.

We invite you to read more about the transformative impact of our work in the pages of this year’s annual report. As our organization evolves and grows, we remain deeply committed to our mission and our promise to serve as good stewards of your partnership. We thank you for supporting Homewise.

Sincerely,

MIKE LOFTIN

Chief Executive Officer

DAVID DELGADO

Chair, Board of Directors

Homewise is deepening our impact through a neighborhood-focused community development strategy, catalyzed by our decision to locate our Albuquerque Homeownership Center in the historic Barelas neighborhood. This strategy includes the revitalization of disinvested neighborhoods through residential and commercial real estate development, acquisition and rehabilitation. To reflect this growth in our community development work, we have updated our mission statement:

THE HOMEWISE MISSION is to help create successful homeowners and strengthen neighborhoods so that individuals and families can improve their long-term financial wellbeing and quality of life.

Homewise
by the NUMBERS

view our
financials

►

87+

employees

in Santa Fe and Albuquerque

$142.3 M

total assets

8,959 hours

of free, one-on-one financial coaching in English and Spanish

69 free classes

covering financial fitness, homebuyer education, and the basics of owning a home

$8.85 M

grants and contributions

$6.4 M

downpayment assistance provided to qualified borrowers

4 communities in development

providing quality affordable housing options in Santa Fe.

99%

of our clients make their monthly mortgage payment on time,

a significantly higher rate than the national average.

$469 M

in loans serviced each month

How do we impact our

COMMUNITY?

1,814

Class attendees

who learned to proactively manage their money and become confident homebuyers.

84

Affordable refinance and home improvement loans

644

New
homeowners

48

New Homewise Homes

quality built with energy efficient and water conserving features

How we improve our clients’

financial wellbeing

increase
CREDIT SCORE

72 points*

Average increase for clients who started with a score under 640

increase
SAVINGS

$4,746*

Median increase for clients who started with less than $5,000 savings

decrease
monthly DEBT

$78*

Median decrease for clients who started with 10% or more debt ratio

*clients who successfully completed the steps in their financial action plan

Who are our clients?

by household

107

SINGLE
PARENT

167

MARRIED +
CHILDREN

300

UNRELATED +
SINGLE ADULTS

70

MARRIED,
NO CHILDREN

by age group

61	18 - 24 years
322	25 - 34 years
260	35 - 44 years
251	45+ years

by employer

121	NATIONAL BUSINESS	76	CITY, STATE & FEDERAL GOVT
95	EDUCATION	76	SELF EMPLOYED
87	HOSPITALITY	62	LOCAL BUSINESS
82	HEALTHCARE	45	NONPROFIT
80	CONSTRUCTION	14	FINANCE

gaining
back her
independence

the story
of Angel,
our 5,000th
homeowner

Imagine not having a place to call home. For Angel, it became her reality after leaving an abusive relationship with nowhere to turn.

Watch her inspiring video and read her full story to find out how she and her companion Akasha overcame the challenges of finding a place to call home.

a bigger
home for
Homewise

the Santa Fe
Homeownership
center expansion

1/8/19 official groundbreaking with Santa Fe Mayor Alan Webber

28 estimated number of new, high-quality jobs we can create as a result of the expansion.

2,500 number of modest income families we can help work toward financial stability and homeownership over the next 3 years as a result of expansion.

6,600 square feet of additional office and collaborative spaces.

feeling at
home in the
Barelas
community

historic Orpheum
building becomes
new site for ABQ
homeownership
center and
community hub

1898
year the Orpheum was built

22,000
amount of square feet for offices, classroom and collaborative space, and 19 1-bedroom apartments.

26+
employees engaged in homeownership services and community development projects.

5 ways
our community can utilize space at the Orpheum Hub: art showings, performances, community-related gatherings, organization meetings, and training sessions.

BARELAS

PHOTO EXHIBIT

Learn more and reserve space at the Hub!

home
ownership
and
beyond

Homewise is deepening our impact through a neighborhood-focused community development strategy. Our community development work strengthens neighborhoods in both Albuquerque and Santa Fe, using different strategies tailored to each city’s specific challenges. For example, in Santa Fe where the housing market is extremely tight, we build new developments that include both homes and businesses to increase density, walkability and neighborhood vibrancy. In Albuquerque, we buy and restore empty residential and commercial buildings and then get homeowners and businesses back into them. Our redevelopment efforts have a catalytic impact, attracting new investment into neighborhoods that have experienced decades of disinvestment.

El Camino Crossing

is a mixed-use development in Santa Fe that showcases the vibrancy of higher-density communities with homes, live/work spaces and businesses near each other.

Read Vecinos, a blog about our Barelas neighbors

The Orpheum Community Hub

was originally a vaudeville theater, and more recently had become a mix of studio spaces and apartments. Homewise purchased and renovated the building to serve as our Albuquerque Homeownership Center and a vibrant community hub.

renovations

Our Residential Home Acquisition and Rehabilitation Program

helps strengthen communities by restoring vacant homes that may have been foreclosed on or are problem properties contributing to neighborhood distress.

The Ruppe

building was home to the oldest drugstore in Albuquerque—operational from 1883 to 2017. As we redevelop the space, we’re focused on partnering with the surrounding community to keep the Ruppe’s history alive in the future use.

partners
help to
make it
possible

we gratefully acknowledge the active endorsement of our mission by our investors and contributors:

Financial Institutions

Ally Bank

Bank of Albuquerque

Bank of America

Bank of the West

BBVA

Century Bank

Enterprise Bank & Trust

First National 1870

Kirtland Federal Credit Union

New Mexico Bank & Trust

Self-Help Credit Union

Southwest Capital Bank

Texas Capital Bank

UBS Bank

United Business Bank

U.S. Bank

Washington Federal

Wells Fargo

Foundations

Albuquerque Community Foundation

Calvert Impact Capital

Frost Foundation

Los Alamos National Laboratory Foundation

McCune Charitable Foundation

Jessie Smith Noyes Foundation

Onota Foundation

Erich and Hannah Sachs Foundation

Santa Fe Community Foundation

Wells Fargo Housing Foundation

Community Businesses, Government Agencies and Nonprofits

Anchorum St. Vincent

Barelas Community Coalition

CHRISTUS Health

CHRISTUS St. Vincent Regional Medical Center

City of Albuquerque

City of Santa Fe

CDFI Fund, US Treasury

Engage Albuquerque

Housing Partnership Network

HUB International & Central Insurance

National Association for Latino Community Asset Builders

NeighborWorks America

NeighborWorks Capital

New Mexico Mortgage Finance Authority

Opportunity Finance Network

Prosperity Now

Prosperity Works

State Farm

Religious Institutions

Adrian Dominican Sisters

Lutheran Family Services

Mercy Investment Services

Religious Communities Impact Fund

Seton Enablement Fund

Sisters of Charity of the Incarnate Word

Individuals and Investment Funds

Ann Alexander and Richard Khanlian

Anonymous

Avalon Trust

Avalon Trust clients

Joel Frederick Barber

Anne Beckett

Beth Beloff and Marc Geller

Erika and Glenn Campos

Lawrence Carreon

Jill and Paul Cook

Quarrier and Phillip Cook

Susan and Conrad De Jong Fund

Lori and David Delgado

Anne Messbarger-Eguia

Cliff Feigenbaum

Fresh Pond Capital clients

Elena Gonzales

Edward Grasskamp

John Guffey

Naomi and Robb Hirsch

Michael Kelly

Teresa Leger de Fernandez

Nahum Ward-Lev

Ann Lockhart

Michael Loftin

Viola Lujan

Genevieve and A. Paul Mitchell

Monarch Community Fund

Felicia and Daniel Morrow

Julie Moss

Mariel Nanasi and Jeffrey Haas

Kay Naranjo

Agnes Noonan

Laura M. Orchard

Karen E. Orso

Joseph and Lynne Ptacek

Stacy S. Quinn

Celia D. Rumsey Charitable Trust

Miriam Sagan

Gail Saunders

Tom Saunders

Wilson Scanlan

Elizabeth and Richard Schnieders

Nan Schwanfelder

Martha and Patterson Simons

Linda and Andrew Spingler

The Sustainability Group clients

Alexis Tappan

Trillium Asset Management clients

Kathy Ulibarri

Paul Vogel

Debra A. Walsh

invest
close to
home

If you would like to contribute to helping lower-income individuals and families across New Mexico achieve long-term financial wellbeing through successful homeownership, Homewise offers a unique investment opportunity through the Homewise Community Investment Fund. The Homewise Community Investment Fund is for investors seeking to achieve social impact while earning a financial return.

With a minimum investment of $1,000, the Fund offers interest rate returns between 1- 4% and investment terms of 1 to 15 years.

Your investment into the Fund directly impacts community vitality and the financial security of the families in our local communities.

Investments in the Fund are used to support the Homewise mission, specifically to finance safe and affordable fixed-rate mortgages, energy and water conserving home improvement loans, and the development of affordable energy conserving homes.

This notice is not an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any state in which such offer, solicitation, or sale is not authorized. The offering is made solely by the Prospectus, which more fully describes certain risks involved in a purchase of securities. The securities are not FDIC or SIPC insured, are not bank deposits, and are not guaranteed by any federal agency.

If you’d like to learn more about the Fund, contact Laura Altomare, Homewise’s Chief Communications Officer, at 505.955.7039 or laltomare@homewise.org You can also visit our website

our
management
team

Mike Loftin
Chief Executive Officer

Laura Altomare
Chief Communications Officer

Jill Geltmaker
Chief Financial Officer

Elena Gonzales
Director of Albuquerque Operations

Daniel Slavin
Director of Real Estate Development

Johanna Gilligan
Director of Community Development

read bios

our board
of directors

David Delgado, Chair

Dee Walsh, Vice Chair

Kay Naranjo, Treasurer

Anne Messbarger-Eguia, Secretary