SANTA FE – Gov. Michelle Lujan Grisham on Wednesday applauded the passage of Senate Bill 134, the New Mexico Housing Trust Fund, legislation that earmarks 2.5% of the annual senior severance tax bond capacity for the New Mexico Housing Trust Fund:
“We know there is a dearth of affordable housing options in our state, and I am in full support of this legislation, which will provide $24 million annually to help address this critical shortage. Everyone in our state deserves a safe, affordable and comfortable place to live, and this dedicated funding stream will make a real difference in the lives of New Mexicans, especially in rural areas. I’m grateful to Sen. Nancy Rodriguez and Rep. Nathan Small for sponsoring this important legislation.”
Original source can be found here.