The bill proposes an appropriation of five hundred thousand dollars ($500,000) from the general fund to the Department of Finance and Administration. This funding is designated for expenditure by the New Mexico Mortgage Finance Authority specifically to support the oversight duties mandated by the Affordable Housing Act during fiscal year 2027 and in subsequent fiscal years.

Additionally, the bill stipulates that any unexpended or unencumbered balance of the allocated funds at the end of a fiscal year will not revert back to the general fund, allowing the New Mexico Mortgage Finance Authority to retain those funds for future use in fulfilling its oversight responsibilities under the Affordable Housing Act.