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 expenditure during fiscal years 2026 through 2030 and is intended to support the New Mexico Mortgage Finance Authority in providing operational funding and technical assistance grants to nonprofit organizations that focus on affordable housing, homelessness services, or transitional housing.

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 funds not utilized for their intended purpose will not remain allocated indefinitely, allowing for better management of state resources.