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. 


 

How does it work? 

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

 

Eligible Projects Include:

• 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

 

Before you apply...

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.

 

Review Current and Past Projects

View the FUNDIT Project Pipeline

 

Federal and State Agencies Represented in FundIt

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

 

Questions? 

Contact your Regional Representative or FundIt Program Manager, Johanna Nelson at Johanna.Nelson@state.nm.us or 505-827-0264.

FUNDIT Webinars
Explore How the 2020 Census Will Affect Grant Application Data
Watch the recording

Exploring USDA's Funding Opportunities
Watch the recording

Demystifying the New Markets Tax Credit Program
Watch the recording

Exploring the Department of Transportation's Funding Programs
Watch the recording

Next FUNDIT Meeting:

December 17
1:30 - 3:30 PM
Albuquerque Community Foundation
624 Tijeras Ave NW
Albuquerque 87102

Contact (505) 827-0264 or
Johanna.Nelson@state.nm.us
for more information.