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

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Santa Fe, NM - The New Mexico Economic Development Department will host the next FUNDIT meeting on April 25 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 April 14 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.

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. Tuesday, April 25, at the Bataan Building - Red Room 407 Galisteo Street Santa Fe, NM 87501. For more information, or to submit a project application or to RSVP contact Johanna Nelson, Johanna.Nelson@state.nm.us, 505-827-0264.


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