Friday, January 30, 2026
7.6 C
Albuquerque

Tag: Housing supply

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.