What's at Stake for New Mexico?
Colorado: Created in 2022 with a June 2028 sunset provision, the Infrastructure Investment and Jobs Act Cash Fund received an initial infusion of $80.25M and additional appropriation of $84M in 2023, along with expanded scope that includes match for federal IRA programs. Statute provides eligible uses of the Fund, including matching funds and support for grant writing and project planning. Minnesota: Created in 2023, the Competitiveness Fund received a $115 million General Fund appropriation, of which portions are set aside for grants ($100M), technical assistance to applicants and program administration ($6.75M), system improvements ($1.5M), and reports and audits ($750K).
Models From Other States
Applicant: Mesalands Community College’s North American Wind Research and Training Center, with Center for Civic Policy (CBO) Project: Repower wind turbine for job training, add microgrid and solar technologies to curriculum, expand outreach to disadvantaged communities across the state Federal Program and Amount of Funding Sought: Bipartisan Infrastructure Law: Energy Improvement in Rural or Remote Areas (ERA) Fixed Award Grant Program, $5 million Match Requirement: N/A Challenge/Status: Lack of capacity to identify appropriate federal opportunities and develop complicated grant proposals. First application denied; intend to apply for other opportunities.
CBO/Higher Ed Wind Energy Example
Examples of what the New Mexico Match Fund (HB 177) can unlock for New Mexicans and our communities
Mutual Domestic Water Consumers Association (MDWCA) Example
Applicant: Canjilon MDWCA Project: Water Distribution System Replacement and Relocation Federal Program and Amount of Funding Sought: U.S. Army Corps of Engineers, $2 million Match Requirement: $550,000 Challenge/Status: The Association has secured $400,000 in matching funds with assistance from Rural Communities Assistance Corporation, Rep. Hererra and Senator Jaramillo.
Applicant: Middle Rio Grande Conservancy District; Project: Valencia County Irrigation System Conveyance Efficiency Project Federal Program and Amount of Funding Sought: US BOR WaterSMART Drought Response Program, $4 million Match Requirement: $2 million Challenge/Status: MRGCD is seeking matching funds for the project, which will help meet interstate compact obligations, support species recovery and build drought resilience.
Agriculture Sector Example
Applicant: State and NM Tribal Governments [More detail coming] Project: Tribal Broadband Federal Program and Amount of Funding Sought: Broadband Equity, Access, and Deployment (BEAD) Program Match Requirement: $168 million for state as a whole (25%) Challenge/Status: Tribes were eligible for funds through formula funding to states, but had difficulty finding and accessing their portion of match funding
State and Tribal Broadband Example
THE NM MATCH FUND ACT
Unlocking New Opportunities for New Mexicans and Our Communities
ABOUT THE MATCH FUND
Imagine a New Mexico where every community, tribe, pueblo, and school can easily tap into federal funding for big projects.
WHY WE NEED THE FUND
READY FOR NEW SOLUTIONS
With the New Mexico Match Fund, we can bring more jobs and advancement to our communities, tapping into the potential of wind, solar, water sustainability, healthcare, and technology industries.
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Federal funding is expansive in its reach, addressing energy and power infrastructure, access to broadband internet, transportation, water infrastructure, and more.
Imagine a New Mexico with better roads, faster internet, and clean water. Federal funding can make this a reality, and matching funds are our first step toward this brighter future.
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By creating a state matching fund for New Mexico's communities, we can maximize vital federal investments to create local jobs with good pay and opportunities to advance.
Let's create a thriving New Mexico together!
The New Mexico Match Fund Act, House Bill 177, is more than a bill—it's a commitment to our families that we can work together to strengthen our communities.