For Infrastructure, Community and Economic Development Projects: An Easier Way to Find Funding
New Mexico FundIt assists communities in accessing financing from over 15 different state and federal entities—all at one in-person meeting. FundIt is not a grant program; it is a platform connecting your community with a variety of different agencies and resources simultaneously. This collaboration saves time, improves effective project review and support, and ensures strategic investments with public resources.
Let FundIt help you navigate the funding world, and make connections with resources for your community in the commercial and public sectors.
1. Community leader submits FundIt application
2. Project is reviewed and selected
3. Project is presented at FundIt quarterly meeting
4. Community is connected to funding agencies and resources
• Business development such as incubators, industrial parks
• Community development such as feasibility studies, comprehensive plans
• Infrastructure development such as capacity increase, update or replace current
• Housing where there are critical shortages
• Downtown revitalization
• Opportunity Zones
Ideally your project should be listed as a priority on the local Infrastructure Capital Improvement Plan (ICIP), Economic Development Plan, and/or Comprehensive Master Plan. You should be prepared to provide a summary of the project, know the total project cost (equity and debt), and be able to identify the financial gap.
• Capital Outlay Unit, New Mexico Department of Finance & Administration
• Local Government Division, New Mexico Department of Finance & Administration
• New Mexico Councils of Governments/NewMARC
• New Mexico Economic Development Department
• New Mexico Environment Department
• New Mexico Department of Indian Affairs
• New Mexico Finance Authority
• New Mexico Energy, Minerals & Natural Resources Department
• U.S Small Business Administration
• U. S. Department of Agriculture, Rural Development
• New Mexico Mortgage Finance Authority
• New Mexico Department of Transportation
Contact your Regional Representative or FundIt Program Manager, Johanna Nelson at [email protected] or 505-827-0264.