Finance

New Mexico Tax Bill Could Accelerate Affordable Housing Development — Here’s Why It Matters

A proposed New Mexico tax bill that would exempt affordable housing developments from gross receipts taxes could unlock millions in savings for builders and expand the supply of lower-cost rentals in high-cost markets such as Santa Fe. The measure, introduced ahead of the 2026 legislative session, highlights how state tax policy can influence construction costs, housing supply, and monthly rent burdens for low- and moderate-income households.

Proposed Federal Actions Raise New Risks for Nonprofits’ Funding and Operations

Federal policy developments and looming legislative deadlines are creating fresh uncertainty for nonprofit organizations’ funding and operational planning. Recent actions by the White House and Congress could affect federal grants, contracts, tax treatment, and oversight, prompting sector leaders to track shifting policy risks closely.

New Mexico Supreme Court Lets Santa Fe ‘Mansion Tax’ Stay in Effect

The New Mexico Supreme Court has allowed Santa Fe’s 3 percent “mansion tax” on luxury home sales to remain in effect, upholding a lower court decision and clearing a major legal hurdle. The levy, approved by voters in 2023, aims to fund affordable housing, though critics worry it could affect high-end property transactions.

Universities Weigh Financial Impact After One Year of Trump’s Higher Education Policies

One year into President Donald Trump’s second term, U.S. colleges and universities are beginning to see the financial consequences of policy shifts that have altered funding, research priorities and institutional planning. Despite some proposed cuts being scaled back or blocked, uncertainty around federal support and regulatory changes is starting to affect campus budgets and strategic decisions.

State Expands FAFSA Assistance to Help Students Access Financial Aid

State education officials are expanding outreach and support to help students complete the Free Application for Federal Student Aid (FAFSA), a key step in accessing federal and state financial aid for college. In Massachusetts, free assistance events, online resources, and alternative applications aim to increase aid uptake and support affordability.

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Record 254 Bears Killed After Roaming Into Towns as Drought Drives Desperate Animals From the Mountains, Making 2026 a Bad Year for Bears

New Mexico has already killed a record 254 black bears in human conflicts this year as drought and food shortages drive hungry animals into towns.

New Mexico’s Wind and Solar Projects on State Lands Already Rake in Millions With $2.5 Billion Projected by 2040

New Mexico’s wind and solar projects on state trust lands are generating millions in revenue, with $2.5 billion projected by 2040.

Forget the Monsoon Washout. New Mexico Is Set for a Weekend of Sunshine, Red Rocks and High-Desert Magic.

After days of monsoon storms and flash-flood warnings, New Mexico is drying out, with Sunday promising sunshine, cooler temperatures and spectacular high-desert scenery.

New Mexico’s Opportunity Scholarship Program: Important Details You Need to Know 

Since the Opportunity Scholarship started in 2022, thousands of New Mexicans have used the state’s free college tuition program. Now in its fourth year, it continues to support students pursuing higher education. This fact-check answers common questions about how the scholarship works, helping you understand what the program offers.

El Niño Is Back — and It Could Soak New Mexico This Winter. But Don’t Get Too Comfortable.

After years of drier La Niña influences, a strengthening El Niño offers New Mexico hope for moisture relief — but also brings risks of extreme rain, flooding and unpredictable extremes in a warming climate.