This bill proposes an appropriation of five hundred thousand dollars ($500,000) from the general fund to the local government division of the Department of Finance and Administration. The funds are designated for contracting master planning services aimed at developing permanently affordable housing on publicly owned undeveloped properties located within the Sawmill district of Albuquerque.

The bill specifies that the allocated funds are to be used during fiscal years 2026 and 2027, and it includes a provision stating that any unexpended or unencumbered balance remaining at the end of fiscal year 2027 will revert back to the general fund.