Sat Mar 8 5:20PM - 13 days, 17 hours left in session
| Sponsor | ||
|---|---|---|
| Sen. Roberto "Bobby" J. Gonzales | 6 | Los Alamos, Rio Arriba, Santa Fe & Taos |
| Status | |||
|---|---|---|---|
| SHPAC ✓ | Passed, Mar 2, with Do Pass, as amended | ||
| SFC | [Referred, not scheduled] | ||
This is the official nmlegis action history. I'm doing my best to translate the LONG/WEIRD-STRING to something less gibberishy. And before you ask, no, the "Legis Day" number has no mapping to the real world.
Actions: [2] SHPAC/SFC-SHPAC [11] DP/a-SFC
| Legis Day | Action | Details | ||
|---|---|---|---|---|
| 2 | referred | SHPAC/SFC | ||
| 2 | sent | SHPAC | ||
| 11 | passed | SHPAC (view committee report) | DP/a | 6-3; nays: Block, Gallegos, Scott |
| 11 | sent | SFC |
This table shows bill actions detected on Ed's system, using heuristics that may not be 100% accurate and which may not reflect the "official" nmlegis chronology. It is probably more than you care to know.
| Jan 27 | filed: [Prefiled by Roberto "Bobby" J. Gonzales; not yet on nmlegis] |
| [new] | |
| sent to SHPAC | |
| title: '[prefiled by Roberto "Bobby" J. Gonzales; Not Yet on Nmlegis]' -> 'Housing Trust Fund & Affordable Housing' | |
| actions: 'SPREF' -> '[2] SHPAC/SFC-SHPAC' | |
| new sponsor: Roberto "Bobby" J. Gonzales | |
| Feb 28 | scheduled for SHPAC on Sun Mar 2, 13:00 |
| Mar 3 | passed SHPAC; sent to SFC |
| actions: '[2] SHPAC/SFC-SHPAC' -> '+ [11] DP/a-SFC' |
SENATE BILL 145
57th legislature - STATE OF NEW MEXICO - first session, 2025
INTRODUCED BY
Roberto "Bobby" J. Gonzales
ENDORSED BY THE MORTGAGE FINANCE AUTHORITY ACT
OVERSIGHT COMMITTEE
AN ACT
MAKING APPROPRIATIONS TO THE NEW MEXICO HOUSING TRUST FUND TO CARRY OUT THE PURPOSES OF THE NEW MEXICO HOUSING TRUST FUND ACT AND TO MAKE MONEY AVAILABLE TO MUNICIPALITIES AND COUNTIES FOR AFFORDABLE HOUSING PROJECTS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATIONS.--
A. Five hundred million dollars ($500,000,000) is appropriated from the general fund to the New Mexico housing trust fund for expenditure in fiscal year 2026 and subsequent fiscal years for the New Mexico mortgage finance authority to carry out the purposes provided in Subsection B of this section and the purposes of the New Mexico Housing Trust Fund Act. Except as provided in Subsection C of this section, any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to any other fund.
B. Ten percent of the amount appropriated pursuant to Subsection A of this section shall be made available for the New Mexico mortgage finance authority to award funding to a municipality or county for affordable housing projects, including new construction or rehabilitation of existing affordable housing; provided that the municipality or county:
(1) can provide no less than three times the matching funds from sources other than the state;
(2) has adopted affordable housing plans and ordinances pursuant to the Affordable Housing Act; and
(3) shall administer the project pursuant to the rules of the New Mexico Housing Trust Fund Act.
C. The New Mexico mortgage finance authority shall prioritize affordable housing projects funded pursuant to Subsection B of this section that are located in municipalities and counties that have expedited zoning processes that support affordable housing development projects. If any unexpended or unencumbered balance remains at the completion of a project, the municipality or county shall return the balance to the New Mexico mortgage finance authority, and the New Mexico mortgage finance authority shall deposit the returned amount in the New Mexico housing trust fund. Money not awarded for projects twelve months after the effective date of this section may be used to carry out the purposes of the New Mexico Housing Trust Fund Act.
- 3 -