Thank you to our Council partners who opposed this bill.

Last night marked a significant victory at the Albuquerque City Council meeting, underscoring the importance of collaboration and thoughtful decision-making in housing policy. GAAR appreciates the time and care councilors and stakeholders devoted to evaluating the real-world impacts of Ordinance O-25-102.

Special thanks to Councilors Champine, Grout, Peña, Lewis, and Bassan for their continued engagement and leadership. Their work helped ensure the discussion focused on:

• implementation and enforcement authority,
• due process and unintended consequences,
• and practical impacts on tenants and housing providers.

REALTORS® care deeply about tenants. We recognize that:

• unnecessary fees function like a tax on renters,
• added costs delay families’ ability to save and become homeowners,
• and long-term housing stability depends on fair, predictable practices.

At the same time, REALTORS® acknowledge that Senate Bill 267 already provides meaningful tenant protections, including fee limits and disclosure requirements. Moving forward, GAAR believes the most effective approach is to:

• work collaboratively with the New Mexico Attorney General’s Office, and
• focus on the proper implementation and enforcement of SB 267,
• rather than creating overlapping local enforcement systems.

GAAR remains committed to constructive collaboration—supporting renters, protecting responsible property owners, and advancing policies that strengthen Albuquerque’s housing ecosystem.