underscored material = new [bracketed material] = delete 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 HOUSE MEMORIAL 35 57 TH LEGISLATURE - STATE OF NEW MEXICO - FIRST SESSION , 2025 INTRODUCED BY Marian Matthews A MEMORIAL REQUESTING THE REGULATION AND LICENSING DEPARTMENT, THE NEW MEXICO MORTGAGE FINANCE AUTHORITY, THE PUBLIC REGULATION COMMISSION, THE GOVERNOR'S OFFICE OF HOUSING, THE CHAIR OF THE OPPORTUNITY ENTERPRISE AND HOUSING DEVELOPMENT REVIEW BOARD OR THE CHAIR'S DESIGNEE AND THE ATTORNEY GENERAL TO DEVELOP RECOMMENDATIONS FOR A STATE REGULATORY FRAMEWORK FOR MOBILE HOME PARKS. WHEREAS, manufactured homes, known in New Mexico law as mobile homes, are a major source of housing for New Mexico residents; and WHEREAS, mobile home park tenancies are unique because residents can own the home while renting the land the home occupies, but residents still risk the possibility of eviction; and .230839.2 underscored material = new [bracketed material] = delete 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 WHEREAS, evictions from mobile home parks can be far more costly and risky to residents, especially to those who cannot afford to move, as residents must choose to pay five thousand dollars ($5,000) to ten thousand dollars ($10,000) to move or abandon the homes they own; and WHEREAS, in addition to the possibility of an extremely expensive move or significant loss of property, current state law does not limit the amount by which a mobile home park landlord may increase rent when rent increases occur; and WHEREAS, oversight and regulation of mobile home park tenancies are needed to create a state framework for rent stabilization for this particularly vulnerable class of New Mexico residents; NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE STATE OF NEW MEXICO that the regulation and licensing department, the New Mexico mortgage finance authority, the public regulation commission, the governor's office of housing, the chair of the opportunity enterprise and housing development review board or the chair's designee and the attorney general be requested to develop recommendations for: A. a regulatory framework for mobile home park tenancies after installation of homes in a park; and B. a rent stabilization program for mobile home residents; and .230839.2 - 2 - underscored material = new [bracketed material] = delete 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 BE IT FURTHER RESOLVED that the regulation and licensing department, the New Mexico mortgage finance authority, the public regulation commission, the governor's office of housing, the chair of the opportunity enterprise and housing development review board or the chair's designee and the attorney general report findings, conclusions and recommendations to the appropriate interim legislative committees that study housing and property issues by September 1, 2025; and BE IT FURTHER RESOLVED that copies of this memorial be transmitted to the regulation and licensing department, the New Mexico mortgage finance authority, the public regulation commission, the governor's office of housing, the chair of the opportunity enterprise and housing development review board and the attorney general for appropriate distribution. - 3 - .230839.2