The New Mexico Department of Finance and Administration Local Government Division (LGD) is pleased to announce that funds are available through the Matching Grants appropriated by the Legislature and approved by Governor Lujan Grisham. These funds will provide local governments with funds to match federal grants.

Under House Bill 2, $1M was secured to provide matching funds to local and tribal governments across the state. Applicants seeking funding must demonstrate that they have submitted a federal grant application and that matching funds are required. They must show that 100% of total project financing costs will be secured with the addition of the matching funds.

Priority consideration will be given to applicants seeking grants that will expand healthcare, affordable housing, hazardous mitigation efforts, or infrastructure projects; as well as to applicants seeking matching funds for rural or frontier communities; and/or applicants seeking matching funds for multiple or regional communities. Even if your application would not be eligible for priority consideration, applying will help inform policy regarding where community needs for matching funds exist across the state and what would be appropriate for similar, larger funding efforts in the future.

Key requirements:

·       Applicants must show that 100% of total project financing costs will be secured by an existing or pending grant with the addition of the requested matching funds.

·       Applicants must list the project on their their Infrastructure Capital Improvement Plan (ICIP) for which they are seeking matching funds.

·       Each government entity may submit a single application under this opportunity.

·       This grant will fund matches where the applicant was required to commit funds when they applied but did not have to commit a firm source of where those funds would be obtained, or their original anticipated source did not come to fruition. Projects that are already underway, but not yet closed out are eligible.

Amount: $1M in legislative funds is available. No grant range or limit is noted.

Eligibility: Local and Tribal Governments.

Link: https://www.nmdfa.state.nm.us/matching-grant/