New Mexico
$500 million for affordable housing clears first committee – Source New Mexico
A Senate committee on Monday approved legislation that would put half a billion dollars toward affordable housing in New Mexico – a huge investment that one lawmaker said is necessary to stem the tide of homelessness and rising housing costs in the state.
Sen. Nancy Rodriguez (D-Santa Fe) acknowledged that the Legislature likely won’t award the full amount of her proposed $500 million appropriation request for the Housing Trust Fund, a program overseen by the New Mexico Mortgage Finance Authority.
She asked for that amount of money to send the message that there is an overwhelming need for a huge investment in housing across the state. And she said Housing Trust Fund administrators have proven themselves capable of leveraging relatively small appropriations from the state into more affordable housing options.
Lawmakers and tenants call on governor to make rent control a priority for 30-day session
“This is an agency that is proven, truly. They do great work. It’s statewide,” Rodriguez said. “You can just see the results. As soon as they get the funding, it goes out.”
The Senate Committee on Health and Public Affairs approved the legislation on a 6-3 vote, with all Republicans voting against. It now moves on to the Senate Finance Committee, where it will face more scrutiny.
The Housing Trust Fund was set up in 2005 to spur investments in affordable housing and to help people find a place to live. It provides grants for mortgage assistance, home weatherization and loans for affordable housing development, among other programs.
In all that time, the agency has received $61 million from the state, including $25 million of federal funds awarded to address the coronavirus pandemic. In July 2023, the fund also received $37.5 million in severance tax bond proceeds, of which more than half has been allocated, according to the agency.
With that funding, the agency has assisted 6,500 households by filling gaps in funding to keep people housed, helping make multi-million-dollar affordable housing complexes break ground, and getting homeless people off the streets.
Isidoro “Izzy” Hernandez, the Mortgage Finance Authority director, said the fund’s return on investment – based on the interest it receives on loans to developers, federal low-income tax credits and other sources – is 16-to-1.
The agency anticipates being able to spend $50 to $80 million from the fund per year, so estimates show the $500 million appropriation request would last for between six and 10 years, according to the Mortgage Finance Authority. Any money not spent in the first year would stay in the fund, according to the legislation.
As many as 20,000 New Mexicans experience homelessness over the course of the year
As part of her priorities this session, Gov. Michelle Lujan Grisham is calling for a $250 million appropriation for the Housing Trust Fund to assist renters, homeowners and those without shelter, as well as a loan program to finance building or renovation. She’s seeking another $250 million to the New Mexico Finance Authority for similar programs.
But the nonpartisan Legislative Finance Committee is seeking only a $50 million appropriation, according to its recommendations. The committee report does not explain why it arrived at that figure.
Nearly 4,000 New Mexicans were homeless during a 2023 point-in-time count, an increase of 48% since 2022 and likely a huge undercount.
The state lacks 32,000 units affordable to those with low incomes, and nearly 220,000 households in the state spend more than 30% of their income on housing costs, according to the Mortgage Finance Authority.
In addition to sending along the proposed $500 million appropriation, the committee supported $500,000 for the state finance department, which Rodriguez said would go to help small towns complete housing plans that would qualify them for additional help from the Housing Trust Fund.
New Mexico
3 thoughts: New Mexico 81, SDSU 76 … Kudos for the local kid, mid-majors getting the squeeze and European bigs
ALBUQUERQUE, N.M. — Three thoughts on San Diego State’s 81-76 loss at New Mexico on Saturday afternoon:
1. Kudos
No loss is a happy occasion within SDSU’s basketball program, but it was mitigated somewhat by the how and who:
The how: A 3-pointer from the left wing with 43 seconds left that broke a 74-74 tie.
The who: Luke Haupt, a sixth-year senior from St. Augustine High School and Point Loma Nazarene University who is one of those classy, genuine guys you can’t help but root for.
Aztecs coaches know him and his family well, his father Mike being the longtime head coach at Saints who sent Trey Kell to them. Aztecs players know him from the Swish summer league and open gyms during the summer.
Coach Brian Dutcher: “Kudos to Luke, known him a long time. Coaches are a little different than fan bases, where sometimes (fans) get too hard on the opposition. I wanted to win in the worst way, trust me when I tell you that. But … tip your hat to guys who make important and timely plays.”
Junior guard Miles Byrd: “Credit to Luke Haupt. He’s a San Diego kid. He’s going to (get) up for these type of games. You respect that. Players show up in games like this, and he showed up.”
There’s respect for the moment and respect for what it took to get there.
Haupt grew up, like most kids in San Diego, watching the Aztecs and dreaming of maybe one day playing in Viejas Arena. He went to Division II PLNU instead and toiled in relative anonymity for five seasons, one of which was abbreviated by the pandemic and 1½ of which was wiped out by knee surgery.
The 6-foot-7 wing finally got to Division I for his sixth and final year, lured to New Mexico by former UC San Diego coach Eric Olen, and has averaged 7.2 points per game with a career high of 30 against Boise State. He had 17 on Saturday against his hometown team, the final three coming with 43 seconds left in a tie game.
The play wasn’t designed for him. Fate sent the ball his way.
“It was a big shot, but it was everything I’ve worked on my entire career and basketball life,” Haupt said. “It’s all the people who have helped me get here and all the work that’s been put in.
“These are moments you dream about.”
2. Death of Cinderella
The Aztecs have slipped off the NCAA Tournament bubble with losses in three of their last four games, yet their metrics are comparable and in some cases better than a year ago, when they didn’t win the conference tournament and sneaked into the First Four in Dayton.
They are hanging tough at 42 in Kenpom and 44 in NET. Last year they were 46 and 52 on Selection Sunday.
The problem is that there might be historically few at-large berths available to mid-major conferences as the preposterous sums of money coursing through the sport accentuates the divide between the haves and have-nots. The latest field from ESPN’s Joe Lunardi has 11 teams from the SEC, nine from the Big Ten and eight each from the Big 12 and ACC.
The Big East, considered a power conference given its financial commitment to men’s basketball (although that is starting to wane), is expected to get only three, but do the math: Power conferences account for 34 of the 37 at-large invitations to the 68-team field.
Lunardi, and several other bracketologists, has only three mid-majors getting at-large berths: Saint Mary’s and Santa Clara from the WCC, and New Mexico from the Mountain West.
Only Saint Mary’s is in the main bracket. Santa Clara and New Mexico are in his First Four (and the Lobos are his last team in).
“It’s harder,” Dutcher said, “because there are only so many at-large bids that are going to go to non-power conference teams. When thrown up against the power conferences, the Selection Committee is finding ways to put the power conference teams in.”
Since the tournament expanded from 65 to 68 in 2011, mid-majors have averaged a combined 6.3 at-large berths. The high was 10 in 2013, but it’s been seven as recently as 2024. Last year it slipped to four, equaling the record low, and no mid-major teams reached the Sweet 16.
If teams like Utah State, Saint Louis and Miami (Ohio) win their conference tournaments, knocking out “bid stealers,” it could be three, maybe even two.
Money is talking. It doesn’t guarantee success, but it certainly increases the chances.
3. Euros
The Aztecs have not dipped into the European professional market for players, but maybe this season will change their perspective.
They have nine losses. Seven have come against teams with a European big.
The latest was New Mexico, which got 24 points and 18 rebounds from the 6-foot-9, 240-pound Tomislav Buljan, a 23-year-old Croatian pro granted one season of collegiate eligibility by the NCAA. He had 20 and 14 in the first meeting, when the Aztecs narrowly escaped with an 83-79 win after trailing in the final minute.
“He was a monster tonight,” Haupt said. “That was huge for us. Loved the way he played.”
The week before, the Aztecs lost to Colorado State and Rashaan Mbemba from Austria.
They’ve lost to Grand Canyon twice with 7-1 Turkish pro Efe Demirel, a 21-year-old “freshman” who has experience in the Euroleague, the continent’s most prestigious competition.
In the December loss to Arizona where the Aztecs were crushed 52-28 on the boards, 7-2, 260-pound Lithuanian center Motiejus Krivas had 13.
Michigan, which beat SDSU in November, has 7-3 Aday Mara of Spain.
Baylor beat the Aztecs two days later with 6-9 Michael Rataj of Germany, then a few weeks later added 7-0 James Nnaji from Spanish club FC Barcelona.
Only Troy and Utah State didn’t start a European big in wins against SDSU — although Mexican forward Victor Valdes had 20 points for Troy.
“Obviously, it’s changing the game,” Dutcher said. “The European pros are coming over because they can make more money over here than they can in Europe. They come over and they’re making good money, whether it’s Demirel at Grand Canyon or it’s Buljan at New Mexico.
“These are good players who come up through a club system and are basically professional basketball players.”
New Mexico
New Mexico veteran cemetery coming to Carlsbad via $8M in federal funds – Carlsbad Current-Argus
New Mexico
New Mexico spoils Nevada’s Senior Day as Lobos leave Reno with 63-56 win
The Nevada women’s basketball team dropped its final home contest of the 2025-26 season on Saturday with New Mexico spoiling Senior Day and pushing past the Wolf Pack for a 63-56 win.
The Wolf Pack led 36-34 at halftime behind a hot-shooting start. Skylar Durley, Imbie Jones and Ahrray Young each had six points as Nevada shot 14-of-25 from the field (56%). But things cooled off in the second half, with the Lobos outscoring the Wolf Pack 19-13 in the third quarter to take a four-point lead into the fourth. Nevada’s shooting woes only worsened in the final period when it made just three field goals, including none in the final four minutes.
Durley led Nevada with 16 points and six rebounds. Young finished with 10 points, three rebounds and three assists. The Wolf Pack made just one three-pointer out of its nine attempts.
The loss drops Nevada to 9-20 overall, 5-14 within the Mountain West Conference. The Wolf Pack now heads to Utah State for Tuesday’s regular-season finale before opening the Mountain West Tournament play next Saturday in Las Vegas.
Watch our coverage of the game below.
Highlights and reaction from Nevada’s loss to New Mexico.
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