Latest Update: Gov. Michelle Lujan Grisham and the Department of Finance and Administration on Tuesday announced $150 million in CARES Act grants to local governments across New Mexico to cover the cost of necessary expenditures incurred due to the public health emergency.
The Department of Finance and Administration received 83 local government applications for $100 million made available for local governments and 66 applications for $50 million made available for small business grants via local governments.
The Department of Finance and Administration scored applications based on criteria related to local government revenue lost due to expenses made responding directly to the health crisis. The total amount requested exceeded the funds made available by the federal government; awards were therefore prorated based on need as articulated by the entity’s application. All requests for amounts less than $50,000 for direct local government grants were awarded in full.
New Mexico Counties non-profit, nonpartisan professional association of county officials, employees for 33 NM counties.To strengthen NM counties’ ability to govern their own affairs and to improve the well-being and quality of life of their constituents.
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