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Bill > HB414


NM HB414

NM HB414
Create Housing Department


summary

Introduced
02/14/2023
In Committee
Crossed Over
Passed
Dead
03/18/2023

Introduced Session

2023 Regular Session

Bill Summary

Create Housing Department

AI Summary

This bill creates the New Mexico Housing Department as a non-cabinet department of the executive branch. The new department will administer laws and programs related to housing stabilization, homelessness prevention, transitional housing, and increasing the development of affordable housing. The bill outlines the department's structure, including several divisions, and the powers and duties of the Superintendent of Housing, who will manage the department's operations. The bill also amends the New Mexico Housing Trust Fund Act to transfer oversight of the fund from the New Mexico Mortgage Finance Authority to the new Housing Department.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

House Government, Elections and Indian Affairs Committee (08:30:00 2/24/2023 Room 305) (on 02/24/2023)

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