Gubernatorial Candidate Gregg Hull Outlines Housing Development Platform

Republican gubernatorial candidate Gregg Hull outlined his housing development strategy during an interview with New Mexico PBS, pointing to administrative streamlining and tax reforms to address the state's housing deficit. New Mexico faces an estimated shortage of 58,000 to 90,000 housing units, with half of renters spending more than the recommended share of income on shelter.

Hull, who served as mayor of Rio Rancho for 12 years before securing the Republican nomination, said the state should ease local zoning processes, master plans, and site plan approvals. To lower development costs, Hull proposed collaborating with the state legislature to create gross receipts tax rebates for builders on construction projects.

Hull also suggested establishing a state infrastructure fund specifically for affordable housing communities. Under this proposal, developers could seek tax credits or rebates after completing and selling homes to offset the expense of installing utilities and drainage infrastructure that are ultimately transferred to local municipalities.