Bill > SB350

This bill provides a $6 million appropriation from the state's general fund to the Health Care Authority specifically for addressing housing support needs for individuals reentering society (likely referring to people recently released from incarceration) and to establish and manage a housing stabilization program. The funding is designated for fiscal year 2026, and any money not spent by the end of that fiscal year will be returned to the general fund. The bill aims to support vulnerable populations by providing transitional housing resources, which can help reduce recidivism and support successful community reintegration for individuals who have been previously incarcerated by ensuring they have stable housing upon release.

Budget and Finance

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=350&year=25