2016 New Mexico Statutes
Chapter 6 - Public Finances
Article 27 - Affordable Housing Act
Section 6-27-5 - State, county, municipalities, instrumentalities of the state and the authority; authorization for affordable housing.
6-27-5. State, county, municipalities, instrumentalities of the state and the authority; authorization for affordable housing.
The state, including any agency or instrumentality of the state, or a county, a municipality or the authority may:
A. donate, provide or pay all, or a portion, of the costs of land for the construction on the land of affordable housing;
B. donate, provide or pay all or a portion of the costs of conversion or renovation of existing buildings into affordable housing;
C. provide or pay the costs of financing or infrastructure necessary to support affordable housing projects; or
D. provide or pay all or a portion of the costs of acquisition, development, construction, financing, operating or owning affordable housing.
History: Laws 2004, ch. 104, 5; 2007, ch. 49, 2; 2015, ch. 69, 5.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
