New Mexico First Blog

Call on Communities to Submit Economic Development Project Proposals for Funding Opportunities

The New Mexico Economic Development Department will host the next FUNDIT meeting August 22nd to help local leaders identify funding for 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 funding agencies together to analyze and compare proposals for capital projects. The state is calling on communities to submit project proposals by August 11th for review during its upcoming meeting.

New Mexico FUNDIT is an informal group of funding agencies that meets regularly to review potential projects. Over 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
• Downtown Redevelopment

The meeting will take place from 1:30 p.m. - 3:30 p.m. The meeting is on August 22nd at the WESST Enterprise Center, 609 Broadway Blvd. NE Albuquerque, NM 87102. For more information, to submit a project application or to RSVP contact Johanna Nelson at Johanna.Nelson@state.nm.us, 505-827-0264.

Deadline for communities to submit a project for consideration is August 11.

*This submission is posted as a courtesy because the activity aligns to recommendations from the 2016 statewide town hall on economic development. New Mexico First is not directly affiliated with the project. Contact Johanna Nelson at Johanna.Nelson@state.nm.us, 505-827-0264 if you have questions.

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