Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 18C - New Mexico Housing Trust Fund, 58-18C-1 through 58-18C-9. > Section 58-18C-2 - Purpose.

Section 58-18C-2 - Purpose.

58-18C-2. Purpose.

The purpose of the New Mexico Housing Trust Fund Act [58-18C-1 NMSA 1978] is to provide flexible funding for housing initiatives in order to produce significant additional housing investment in the state.