Communities: Submit economic development proposals

New Mexico communities should submit project proposals by June 16 for the next FUNDIT meeting hosted by the New Mexico Economic Development Department June 27.

New Mexico FUNDIT is an informal group of over 13 Federal and State entities that meets regularly to review potential projects. FUNDIT’s 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 is 1:30 p.m. – 3:30 p.m. Tuesday (June 27) at New Mexico Department of Workforce Solutions, 501 Rail Runner Ave. in Bernalillo. For more information, to submit a project application or to RSVP contact Johanna Nelson at Johanna.Nelson@state.nm.us, 505-827-0264.

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 June 16th for review during its upcoming meeting.