NM land commissioner says ‘laser focus’ on new housing benefits communities and state

According to recent estimates, Albuquerque will need more than 21,000 new units by 2045 to meet demand. State trust land could help.

By: Patrick Lohmann

Outlets: Source New Mexico

Published: May 27, 2026

Words: 540

Last Updated: 1 month, 4 weeks ago

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The New Mexico State Land Office is seeking developers to convert four parcels of state trust land in Albuquerque into new housing or other commercial developments, part of what Commissioner of Public Lands Stephanie Garcia Richard said is a strategy to use trust lands to revitalize local economies while also benefiting statewide public schools and other institutions.

Garcia Richard told Source NM that her office identified the four parcels — all small, largely vacant lots …

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