Like much of the country, New Mexico is dealing with a crunch on affordable housing. Rent in the state has increased 70%, just since 2017, according to the Legislative Finance Committee. Rick Jacobus is an expert on inclusionary housing who works with cities to plan for more equitable options. He spoke recently in Santa Fe and told KUNM’s Megan Myscofski that while many factors go into the lack of lower- and middle-income housing, the underlying problem is we have built a system that’s overly defensive.
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ALBUQUERQUE – Mind-blowing is how legislative analysts describe New Mexico's budget numbers, saying during a briefing Thursday that projected revenues have been outpacing previous spending at levels n.
Legislative analysts warned that New Mexico’s historic revenues will one day dry out. Lawmakers may have to cut some of its social programs which were expanded from the revenue boom.
Legislative analysts warned members of the revenue and tax policy committee that some of the one-time funding will dry out, and lawmakers will have to decide whether to continue paying for health care, education and other social programs that have been expanded during the boom.