SENATE CAPITAL OUTLAY REQUEST 296

STATE OF NEW MEXICO

44TH LEGISLATURE - SECOND SESSION - 2000

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

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