CDBG Economic Development Application available upon request
CDBG Housing Application available upon request
Planning
ENV | Rural Infrastructure Revolving Loan Program
The Rural Infrastructure Act (Chapter 75, Article 1 NMSA 1978) created the Rural Infrastructure Revolving Loan Program (RIP) in 1988. The purpose of the RIP is to provide financial assistance to eligible local authorities for the construction or modification of water supply, wastewater, and solid waste facilities.
NMFA Local Governmental Planning Fund
Created in 2002, the fund provides up-front capital necessary to allow for proper planning of vital water and wastewater projects. The 2005 and 2012 Legislatures broadened project eligibility to include master plans, conservation plans, economic development plans, infrastructure plans and energy efficiency audits. Additionally, the 2012 Legislature eliminated the requirement to repay the fund if the project moves forward and the funding is now delivered as 100% grant. Grants are determined on a sliding scale. Through December 31, 2012, NMFA has made 92 grants totaling $2,585,718 and has approved an additional 31 projects pending closure totaling $1,343,019.
https://www.nmfa.net/financing/planning-grants/local-government-planning-grants/
Resilient Communities Fund
The Resilient Communities Fund is the flagship program of the New Mexico Resiliency Alliance. Created in 2014 in partnership with the McCune Charitable Foundation and the New Mexico MainStreet Program of the New Mexico Economic Development Department, the Resilient Communities Fund provides small seed grants for locally-driven economic development projects in rural and underserved communities statewide. Funds awarded leverage local matching resources, build local capacity via project-specific technical assistance, and engage local community volunteers.
http://www.nmresiliencyalliance.org/resilient-communities-fund