NEW MEXICO ECONOMIC
DEVELOPMENT DEPARTMENT

RCAC-Community Facility Loans

RCAC’s Community Facilities Loan Program helps develop and improve essential community facilities in the rural West. This program offers short-term loans for early property acquisition and predevelopment, interim construction costs and long-term permanent financing. Applicable facilities include public and nonprofit office buildings, treatment centers, emergency and transitional housing, assisted living, human services, pub­lic safety, child care, education and cultural facilities. Many other project types are eligible. RCAC gives priority to loan applications for projects that incorporate significant green methods and materials. Please see the community facilities loan application requirements below for more information.