Mika Old will face off against Stephen Chiulli and Adam Fulton Johnson in the June 4 Democratic primary.
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One bill is intended to increase loans to finance workforce and affordable housing projects, while House Bill 177 will establish the New Mexico Match Funds to help draw federal money for infrastructure, water and clean energy projects.
A Santa Fe Democrat, Nancy Rodriguez has held her seat since 1996 and serves on several key committees.
Santa Fe was granted about $18.9 million from the Legislature for capital projects and the county about $11.4 million.