HB140 • 2026

AFFORDABLE HOUSING ACT OVERSIGHT DUTIES

Housing

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor: Representative Janelle Anyanonu, Representative D. Wonda Johnson
Last action
Official status: [1] HGEIC/HAFC-HGEIC [2] DP-HAFC API.
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

AFFORDABLE HOUSING ACT OVERSIGHT DUTIES

What This Bill Does

AFFORDABLE HOUSING ACT OVERSIGHT DUTIES

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-01-28 New Mexico Legislature
HGEIC: Reported by committee with Do Pass recommendation
2026-01-22 New Mexico Legislature
Sent to HGEIC - Referrals: HGEIC/HAFC
New Mexico Legislature
Action Postponed Indefinitely

Official Summary Text

AFFORDABLE HOUSING ACT OVERSIGHT DUTIES

Current Bill Text

Read the full stored bill text

HB0140

HOUSE BILL 140

57th legislature - STATE OF NEW MEXICO - second session, 2026

INTRODUCED BY

Janelle Anyanonu
and
D. Wonda Johnson

ENDORSED BY THE MORTGAGE FINANCE AUTHORITY ACT

OVERSIGHT COMMITTEE

AN ACT

MAKING AN APPROPRIATION TO FUND THE OVERSIGHT DUTIES REQUIRED
BY THE PROVISIONS OF THE AFFORDABLE HOUSING ACT.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

SECTION 1.
APPROPRIATION.--Five hundred thousand dollars
($500,000) is appropriated from the general fund to the
department of finance and administration for expenditure by the
New Mexico mortgage finance authority in fiscal year 2027 and
subsequent fiscal years for the oversight duties required by
the provisions of the Affordable Housing Act. Any unexpended
or unencumbered balance remaining at the end of a fiscal year
shall not revert to the general fund.

.232397.1SA