Summary
Lower- and middle-income New Mexicans would have an easier time getting loans to build new homes or rehabilitate existing dwellings under a bill introduced Wednesday.
Senate Bill 115, sponsored by Sen. Nancy Rodriguez, D-Santa Fe, would establish a New Mexico Housing Trust, administered by the state Mortgage Finance Authority.See the full content of this document
Extract
Bill Would Help Residents Buy, Repair Homes
The bill is backed by Gov. Bill Richardson's administration, and Lt. Gov. Diane Denish is a major advocate of the trus...
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