2006 New Mexico Statutes - Section 11-3A-13 — Sales, rentals and tenant selection.

11-3A-13. Sales, rentals and tenant selection.

A.     In the operation or management of housing projects or the sale of any property pursuant to the Regional Housing Law [Chapter 11, Article 3A NMSA 1978], an authority shall:   

(1)     rent, lease or sell the dwelling accommodations in the housing project only to persons falling within the standards adopted by the authority;   

(2)     rent, lease or sell to a tenant dwelling accommodations consisting of the number of rooms, but no greater number, that it deems necessary to provide safe and sanitary accommodations to the proposed occupants without overcrowding; and   

(3)     reject any person as a tenant in any housing project if the person has an annual net income in excess of federally established standards.   

B.     Nothing contained in this section or Section 11-3A-12 NMSA 1978 shall be construed as limiting the power of an authority to vest in an obligee the right, in the event of a default by the authority, to take possession and operate a housing project or cause the appointment of a receiver for the housing project, free from all the restrictions imposed by this section or Section 11-3A-12 NMSA 1978.