NMEDD, Funding Agencies Call On Communities To Submit Economic Development Project Proposals

The New Mexico Economic Development Department will host the next FUNDIT meeting June 25 to help local leaders identify potential economic development projects.
New Mexico FUNDIT, is a streamlined approach to help communities identify funding opportunities in one centralized location by bringing local, state and federal agencies together to analyze and compare proposals for capital projects. The state is calling on communities to submit project proposals by June 17, for review during its upcoming meeting.
New Mexico FUNDIT is an informal group of agencies that meets quarterly. More than 13 Federal and State entities are represented in the group. Their goal is to improve the effectiveness of project review and support, while ensuring communities have the information they need to obtain full funding for projects.
Projects should be of public interest; projects from commercial businesses are not eligible for this program.
The types of projects to be considered include:
  • Business Development;
  • Community Development;
  • Infrastructure Development;
  • Housing Projects; and
  • Downtown Redevelopment.
The meeting is 10 a.m. to noon, June 25 at ACCION, 2000 Zearing Ave. NW in Albuquerque.
For more information, to submit a project application or to RSVP, contact Johanna Nelson at Johanna.Nelson@state.nm.us, (505).827.0264.
The application also can be accessed online HERE.