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Category: Non-Local News Releases Non-Local News Releases
Published: 24 August 2016 24 August 2016

Santa Fe, NM - The New Mexico Economic Development Department will host the next FUNDIT meeting September 27 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 September 16 for review during its upcoming meeting.

"New Mexico FUNDIT is important for helping communities to identify funding across local, state and federal agencies that will invest in projects to grow the local economy," said Economic Development Secretary Jon Barela. "This program helps them save time by meeting with funding agencies in one location which helps ensure funding is there to complete projects and that tax dollars are spent in the best possible way to help local communities, especially in rural areas, create jobs and improve quality of life."

New Mexico FUNDIT is an informal group of funding agencies that meets regularly to review potential projects. 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:

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