SENATE CAPITAL OUTLAY REQUEST 660

STATE OF NEW MEXICO

45TH LEGISLATURE - FIRST SESSION - 2001

REQUESTED BY

FOR PURCHASING AND RENOVATING FEDERAL DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PROPERTY FOR RESALE TO LOW-INCOME FAMILIES THROUGHOUT THE STATE.

I request that the following capital outlay project be funded:

to the department of finance and administration

five hundred thousand dollars ($500,000) for the mortgage finance authority to purchase and renovate federal department of housing and urban development property for resale to low-income families throughout the state.

Preferred funding source: general fund

.01SARAG018