Stripped hole in furnace fan housing assembly

(A picture of the broken piece would help.)

Option 1. (By far the best answer) Buy a new hacksaw. You won't be able to fix this without removing the threaded piece that still remains in the hole, then fabricating a new piece to hold the blade. This will involve adding threads to the new piece. If you don't have the tools to do this work, then you will need to obtain them, costing you more than a new hacksaw frame.

Option 2. Remove the threaded part that remains inside the hole. Usually this involves drilling a small hole in it, then you must buy a tool for removing screws that have been broken off in a hole. (Its usually called an ez-out, or something like that. A hardware store will have them.) You will insert that tool in the hole you have drilled. It will jam in place with a coarse reverse thread with sharp edges, and allow you to back out the threaded piece. It may help to drip some wd-40 in there as you are trying to back out the threaded piece.

Drilling that hole may itself be problematic, since there is a reasonable chance that part of the hacksaw was hard steel - by design to withstand the loads it must take to hold the blade. Worse, you must drill a hole into a surface that is jagged.

You may also be able to get the threaded piece out by other means, but you must do all of this without damaging the female threads in there, otherwise you will NEVER be able to fix the new piece in there.

As I said, unless you have a few important tools, this is all something that may be more easily repaired by simply buying a new hacksaw frame. Money solves everything, although a hacksaw frame is not that expensive. And if you don't know how to get that screw fragment out, then you probably don't have those tools, nor will you use them often enough in the future to merit buying them. At the same time, it is good to be able to repair things like this, so if you have the interest and the will to do this sort of work enough in the future, then go for it. But don't be at all surprised if you find it takes you considerably more time and expense than it is really worth to simply buy that new hacksaw frame.

If you can remove the entire face plate use regular paint stripper. When you get it down to bare metal you can polish the surface with scotchbrite pads or steelwool. You might find something to attach to your drill to make this part easier. Once you get the finish you are looking for cover it with clear enamal to protect it. If you can't get an acceptable finish for a clear coat look at some of the metal finish spray paints like hammered bronze or antique copper etc. I would avoid the spray chrome as I haven't found one yet that yields decent results.