New Mexico Affordable Housing Act, Constitutional Amendment 4 (2006)

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New Mexico Constitutional Amendment 4, or the Local Government Affordable Housing Act, was on the November 7, 2006 ballot in New Mexico as a legislatively referred constitutional amendment, where it was approved.

Election results

Amendment 4
Result		Votes	Percentage
a Yes		266,861	55.6%
No		163,136	44.4%

Impact

Under the Act, a state, a county, a municipality or the authority may:

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

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

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

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

• The state can appropriate funds for affordable housing through enactment of specific laws authorizing “housing assistance grants.” The laws should direct the Department of Finance and Administration to execute a Joint Powers Agreement with MFA to administer the appropriation(s) and certify applicants’ eligibility for the appropriation(s).

• Counties and municipalities may provide funding (“housing assistance grants”) through enactment of an ordinance for each project or program. Housing assistance grants can be made either through a project-specific RFP or through a program application process.

Ordinances, RFPs, program guidelines, and applications must be submitted to MFA to review for compliance with the Act.

• Appropriations and housing assistance grants may be leveraged with other funding sources.

• School districts and post-secondary educational institutions may transfer land to counties and municipalities to be further granted as part or all of an affordable housing grant. The transfer must be made through a contractual agreement, and a negotiated number of housing units must be reserved for employees of the educational entity.

• Applicants may be individuals, governmental housing agencies, regional housing authorities, tribal housing agencies, for-profit organizations, or nonprofit organizations that meet eligibility criteria specified in the Act, as well as any additional criteria set by the local government and/or the MFA.

See also

• List of New Mexico ballot measures
• New Mexico 2006 ballot measures
• New Mexico Senate
• New Mexico House of Representatives
• 2006 ballot measures

External links

Suggest a link

• New Mexico 2006 election results (dead link) (Scroll to page 9)
• Affordable Housing Act (dead link)
• Affordable Housing Act Memo (dead link)
• Affordable Housing Act Rules (dead link)
• Affordable Housing Act Application (dead link)