The bill proposes an appropriation of five million dollars ($5,000,000) from the general fund to the Department of Finance and Administration. This funding is designated for the New Mexico Mortgage Finance Authority to support nonprofit organizations that focus on affordable housing, homelessness services, or transitional housing. The funds are intended for operational support and technical assistance grants over the fiscal years 2026 through 2030.

Additionally, the bill stipulates that any unexpended or unencumbered balance remaining at the end of fiscal year 2030 will revert back to the general fund. This ensures that any unused funds are returned to the state’s financial resources, promoting fiscal responsibility.