The purpose of the New Mexico Housing Trust Fund Act is to provide flexible funding for housing initiatives in order to produce and preserve significant housing investment in the state. History: Laws 2005, ch. 105, § 2; 2021, ch. 24, § 1. ANNOTATIONSThe 2021 amendment, effective April 5, 2021, expanded the purpose of the New Mexico housing trust fund act to include the preservation of housing; after 'to produce', added 'and preserve', and after 'significant', deleted 'additional'.
New Mexico Legal Code