Budget crunch slows housing reform bill
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But proponents remain optimistic that Legislature will approve affordable housing overhaul The state’s budget crunch is making the path toward reform of the affordable housing system a little more difficult, but reform backers are still optimistic that the Legislature will approve an overhaul of the regional housing authority system this session. Senate Bill 20, sponsored by Mary Kay Papen, D-Las Cruces, would expand reforms approved in 2007 to further increase oversight and completely restructure the system. But the state is in the process of cutting the budget to deal with the sagging economy, and Papen’s bill asks for $600,000 for the restructuring and the restarting of housing authorities that shut down during the scandalous collapse of most of the system in 2006. The bill has already received a unanimous do-pass recommendation from the Senate Public Affairs Committee, but it’s been bogged down in the Senate Finance Committee because of the funding issue. Papen said she’s in the process of stripping the funding provision from the bill so it can get the Finance Committee’s approval and begin the rest of its trek through the Senate and then the House. Continue Reading