State program set to benefit Old Town Albuquerque, Hobbs, Placitas and Los Ranchos
SANTA FE — The New Mexico Economic Development Department will provide free professional technical assistance to four communities to strengthen their local economies through its New Mexico MainStreet program.
The Project-Based Initiatives program provides technical support for economic development projects in rural and urban communities for 12-24 months. Proposals are accepted on a rolling basis and must produce direct economic development outcomes in the form of business retention/creation, job creation and/or property investment.
“Local governments in New Mexico are working hard to improve the quality of life for their residents and grow their local economy,” said EDD Cabinet Secretary Rob Black. “By providing strategic support for their projects, we will energize their efforts, amplifying their positive impact.”
Supported projects include:
- Historic Old Town Albuquerque: design and promotion support for their wayfinding plan.
- Hobbs: marketing and promotion support for their Dìa de los Muertos event.
- Placitas: marketing and promotion support for their Virtual Visitors Center project.
- Village of Los Ranchos: marketing and promotion support for their Globitos Glow in the Village event and construction mitigation for Phase 2A of the Fourth Street Improvement Project.
“Project-Based Initiatives are a great way for communities to strategically invest in their local economy and show visible proof of the positive impact their work has on businesses and families,” said NMMS Director Daniel J. Gutierrez. Historic Old Town Albuquerque previously completed a project with New Mexico MainStreet (NMMS) in 2024; this will be the first NMMS-supported project for Hobbs, Placitas and Los Ranchos. NMMS has supported more than 95 communities across the state to build capacity for local economic revitalization, enhance the entrepreneurial and creative economy and create thriving places.
