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HousingFinding

New Mexico should use money from its permanent land grant fund to pay for housing.

New Mexico's Land Grant Permanent Fund holds tens of billions of dollars from state land revenue and pays a set share each year to schools and other beneficiaries. Using it for housing would require a new distribution or change in how the fund is spent.

Deb Haaland

Democratic
Agree

work with the State Land Office to explore building affordable housing units on state trust land ... open to asking lawmakers to divert money from New Mexico's permanent funds

Press quote · Aug 26, 2026 · retrieved Sep 23, 2026

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