{"data":{"id":"us-nm/58-18b-2","jurisdiction":"us-nm","citation":"58-18B-2","heading":"Legislative findings.","body":"The legislature finds that:\nA. current economic conditions, federal housing policies and declining resources at the federal, state and local levels affect adversely the ability of low-income persons to obtain safe, decent and affordable housing;\nB. it is in the public interest to establish a continuously renewable resource to be known as the New Mexico low-income housing trust program to assist low-income citizens in meeting their basic housing needs; and\nC. the program described in Subsection B of this section should, whenever feasible, be implemented through assistance in the form of loans or grants.","path":["Chapter 58 - Financial Institutions and Regulations","ARTICLE 18B Low-Income Housing Trust"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18561/index.do","current_through":"2025-01-07","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"7c014132f98afd163437dcec2794f28275a3689840a160fbbd844e28f9962ee4","source_id":"us-nm","stale":false,"prev":"us-nm/58-18b-1","next":"us-nm/58-18b-3"},"notice":"GroundRules: Original legal text. Not legal advice."}