FUNDIT was created to assist communities in accessing financing from a group of agencies simultaneously. This collaboration saves time and duplication, improves the effectiveness of project review and support, and ensures strategic investments with public resources.
Agencies represented in FUNDIT:
Eligible projects include:
In order to bring a project before FUNDIT you should be prepared to provide a description of the project; the project should be listed as a priority on the local Infrastructure Capital Improvement Plan (ICIP), Economic Development Plan, and/or Comprehensive Master Plan; you will need to know the total capital investment (equity and debt), jobs that will be created or retained by the project, and you will need to provide a financial pro forma and the project timeline.
Contact your Regional Representative or Juan Torres at Juan.Torres@state.nm.us or 505.827.0238.