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Report Shows New Mexico Still Struggling with Housing, Homelessness Despite $524M in Recent Spending
Nearly half of New Mexico renters are cost-burdened, and the report says new housing often misses high-need areas and remains too costly for very low-income residents.
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.