PROFESSIONAL RECRUITMENT AND RETENTION ACT

Summary

The bill establishes a program through the New Mexico Mortgage Finance Authority that offers loans up to 10 % of a home’s price to eligible nurses, doctors, therapists and other licensed health workers. Recipients must earn below 151 % of the area median income and commit to at least three‑quarters of full‑time practice in the state for ten years. The measure aims to attract and retain health providers in underserved areas.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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