NEW MEXICO ECONOMIC
DEVELOPMENT DEPARTMENT

New Mexico FUNDIT

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
  • Opportunity Zones

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

Federal and State Agencies Represented in FUNDIT

Questions?

Contact your Regional Representative or FUNDIT Program Manager, Alexander Greenberg at AlexanderM.Greenberg@state.nm.us or 505-827-0264.