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Bill > SB140


NM SB140

NM SB140
Nm Housing Trust Fund


summary

Introduced
01/19/2023
In Committee
01/30/2023
Crossed Over
Passed
Dead
03/18/2023

Introduced Session

2023 Regular Session

Bill Summary

Nm Housing Trust Fund

AI Summary

This bill appropriates $48 million from the general fund to the New Mexico Housing Trust Fund to be expended by the New Mexico Mortgage Finance Authority in Fiscal Year 2024 and subsequent fiscal years for the purposes of carrying out the provisions of the New Mexico Housing Trust Fund Act. Any unexpended or unencumbered balance remaining at the end of a fiscal year will not revert to the general fund.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

SHPAC: Reported by committee with Do Pass recommendation (on 01/30/2023)

Bill Topics

Community Development and Housing Issues
  • ‐ Housing and Community Development for Low and Middle Income Persons
  • ‐ Housing and Real Estate Finance

bill text


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