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State launches program to incentivize affordable home building

Summary by KRQE News 13
NEW MEXICO (KRQE) – The cost of a home is outpacing wage growth which means the ability to achieve homeownership has become more difficult than ever before for New Mexicans. This week, the state launched the Zero Interest Homebuilder Program which offers interest-free construction financing for contractors. The program incentivizes the development and sale of entry-level homes for low to moderate-income families. PNM recycles over 6,000 tre…
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