Section 6-27-5 - State, county, municipalities and the authority; authorization for affordable housing. - New Mexico Statutes

6-27-5. State, county, municipalities and the authority; authorization for affordable housing.

The state, a county, a municipality or the authority may:  

A.     donate, provide or pay all, or a portion, of the costs of land for the construction on the land of affordable housing;  

B.     donate, provide or pay all or a portion of the costs of conversion or renovation of existing buildings into affordable housing;  

C.     provide or pay the costs of financing or infrastructure necessary to support affordable housing projects; or  

D.     provide or pay all or a portion of the costs of acquisition, development, construction, financing, operating or owning affordable housing.