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HB 194·NM·house

EXPAND METRO REDEVELOPMENT CODE & PROJECTS

WithdrawnFiled Jan 27, 2026
Sponsor: Parajón, Cristina
Latest Action

Action Postponed Indefinitely (session adjourned sine die)

Feb 19, 2026

Summary

The bill would amend state law to broaden the Metropolitan Redevelopment Code so it also applies to designated housing shortage areas, not just slums and blighted zones. It would allow local governments to approve multifamily housing projects in those areas and give qualifying properties up to 20 years of property‑tax relief. The goal is to stimulate affordable housing development and revitalize distressed neighborhoods.

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