NMEDD will host FUNDIT, local proposals due February 16th

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

Deadline for communities to submit a project for consideration is Feb. 16th.

By NMED

The New Mexico Economic Development Department will host the next FUNDIT meeting on March 6th 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 February 16th, 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 March 6th, at MRCOG, 809 Copper Ave NW, 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. The application can also be accessed online HERE.