The New Mexico Mortgage Finance Authority (MFA) is a quasi-public entity financing housing and related services for low to moderate income and underserved families throughout the state. MFA provides a variety of affordable housing programs that range from assistance to homeless individuals and families, to providing opportunities for home ownership to developing new housing projects. Created by the state of New Mexico the MFA is a fully self-supporting, non-profit enterprise and does not receive state funds for its operations. Since its inception in 1975, the MFA has provided more than $3.2 billion in affordable housing for families in New Mexico. MFA invested with the NMSIC in the fourth quarter of FY 2006.