Insofar as the provisions of the Regional Housing Law are inconsistent with the provisions of any other law, the provisions of the Regional Housing Law shall be controlling. History: Laws 1994, ch. 132, § 28. ANNOTATIONS Compiler’s notes. — Laws 1995, ch. 191, § 25, effective June 16, 1995, repealed Laws 1994, ch. 132, § […]
Regional Housing Authorities and boards of commissioners created and organized under the provisions of Sections 11-3-1 through 11-3-6 NMSA 1978 [repealed] are perpetuated and shall continue to exist as Regional Housing Authorities under the Regional Housing Law. Members of the boards of commissioners of Regional Housing Authorities appointed prior to the effective date of the […]
As used in the Regional Housing Law: A. “affordable housing” means housing that serves the needs of low- and moderate-income persons; B. “affordable housing programs” means an ongoing delivery system of affordable housing services that assists persons of low- and moderate-income; C. “federal government” includes the United States of America, programs of the United States […]
A. Without the prior approval of the New Mexico mortgage finance authority, no regional housing authority shall: (1) enter into any contract, memorandum of understanding or other agreement with a value greater than one hundred thousand dollars ($100,000); or (2) transfer, sell or liquidate any real or personal property with a value greater than one […]
A. Members of boards of commissioners of regional housing authorities appointed prior to March 31, 2009 shall continue to serve as members of boards of commissioners until their terms expire or their successors are appointed and qualified pursuant to the provisions of Laws 2009, Chapter 48. B. All contracts and agreements of regional housing authorities […]
Three regional housing authorities are created for the state of New Mexico as follows: A. the northern regional housing authority that shall include Cibola, Taos, McKinley, Rio Arriba, San Juan, San Miguel, Mora, Los Alamos, Colfax and Sandoval counties; B. the eastern regional housing authority that shall include Chaves, De Baca, Eddy, Guadalupe, Harding, Lea, […]
A. The regional housing authorities created pursuant to Section 11-3A-4 NMSA 1978 shall operate within the specified area of their region except for any portion within the territorial boundary of a municipality or county that has established a local housing authority. If the governing body of a municipality or county that has established a local […]
A. The powers of each regional housing authority shall be vested in its board of commissioners as the board may be constituted, from time to time. The board of commissioners of the regional housing authority for each of the three regions shall be appointed by the governor and consist of at least seven members who […]
A. Every regional housing authority may: (1) within its region, prepare, carry out, acquire, purchase, lease, construct, reconstruct, improve, alter, extend or repair any housing project and operate and maintain the housing project or affordable housing program. For any of such purposes, the board of commissioners of the regional housing authority may expend money and […]
A. Prior to the leasing of any housing project, the regional housing authority shall determine and find the following: (1) the amount necessary in each year to pay indebtedness proposed to fund the housing project; and (2) the amount necessary to be paid each year into any reserve funds that the regional housing authority may […]
Every regional housing authority, in addition to other powers conferred by the Regional Housing Law, shall have, if authorized by resolution of its board of commissioners, the power to create nonprofit corporations to carry out the powers and duties set forth in Section 11-3A-7 NMSA 1978. The articles of incorporation and bylaws, and any subsequent […]
