Report shows New Mexico still struggling with housing, homelessness despite $524M in recent spending

By: Joshua Bowling

Outlets: Source New Mexico

Published: September 22, 2026

Words: 612

Last Updated: 2 weeks, 3 days ago

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Despite the construction of about 62,000 housing units in recent years, New Mexico still struggles with housing affordability, uneven regional growth and increasing homelessness, according to a new state report.

The Legislative Finance Committee on Tuesday published a report that examined more than $524 million in recent state expenditures aimed at housing, affordability and homelessness. While the state’s housing supply has significantly increased since 2020, the report found that state-supported …

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