New Mexico Stormwater Resources

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Funding Resources

Clean Water State Revolving Fund

For: Planning, design, and construction of wastewater, stormwater, and nonpoint source pollution projects

Administered By: New Mexico Environment Department

Eligibility: Cities, counties, sanitation districts, and other public entities

Funding Type: Loans

Max Funding Level: No single loan comprises more than 25% of the outstanding loan portfolio

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Colonias Infrastructure Fund

For: Water, wastewater, and road infrastructure projects in designated “Colonias” communities

Administered By: New Mexico Finance Authority

Eligibility: Eligible Colonias (communities within 150 miles of the US-Mexico border)

Funding Type: Grants and Loans

Max Funding Level: CIB may not award more than 15% of the annual available funds to any one project

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Water Project Fund

For: Water conservation, flood control, and water infrastructure development

Administered By: New Mexico Finance Authority

Eligibility: Local government entities and recognized tribal governments

Funding Type: Loans and Grants

Max Funding Level: NMFA determines the amount of the loan based upon an Applicant’s historic revenues available to pay debt

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G.O. Bond Program

For: General capital improvements including public facilities, parks, and infrastructure

Administered By: City of Albuquerque

Eligibility: City departments and public agencies within Albuquerque

Funding Type: Bonds

Max Funding Level: None Stated

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New Mexico Climate Investment Center Loans

For: Projects focused on renewable energy, energy efficiency, and climate resiliency

Administered By: New Mexico Climate Investment Center

Eligibility: Businesses, non-profits, and community-led initiatives

Funding Type: Loan

Max Funding Level: $2,500,000

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Rainwater Harvesting Rebates

For: Outdoor water conservation via rainwater collection systems

Administered By: Albuquerque Bernalillo County Water Authority

Eligibility: Residential and commercial customers of the Water Authority

Funding Type: Rebates

Max Funding Level: No limit on the amount of rebates that can be requested

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Albuquerque Community Foundation Environmental & Historic Preservation Grant

For: Conservation, environmental education, and preservation of historic sites

Administered By: Albuquerque Community Foundation

Eligibility: 501(c)(3) non-profit organizations serving the Albuquerque area

Funding Type: Grants

Max Funding Level: $20,000

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Hancock Family Foundation Grant Program

For: Support for children’s health, education, and animal welfare

Administered By: Hancock Family Foundation (via Albuquerque Community Foundation)

Eligibility: Non-profit organizations

Funding Type: Grants

Max Funding Level: $5,000

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New Mexico Match Fund

For: Meeting the nonfederal match requirement for federal grants supporting infrastructure, research, economic development, energy-transition, and other public-benefit projects.
Administered By: New Mexico Department of Finance and Administration
Eligibility: State agencies, tribal governments, counties, municipalities, and political subdivisions, subject to program policy and the requirements of the associated federal award.
Funding Type: Grants
Max Funding Level: Up to $10,000,000 per individual application and corresponding federal grant for most eligible applicants. Applications are reviewed on a rolling, first-come basis, and at least 40% of available funds is reserved for rural, frontier, and tribal governments.
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Capital Outlay

For: Capital projects proposed by tribal governments and other eligible entities, including community infrastructure, water systems, facilities, and equipment.
Administered By: New Mexico Indian Affairs Department, within New Mexico’s legislative capital-outlay process
Eligibility: Tribal governments and eligible organizations pursuing a project with legislative sponsorship; each request must be supported by a sponsoring state legislator and submitted through the Legislative Council Service process.
Funding Type: Capital appropriations, often supported through state bond funding rather than a conventional competitive grant program
Max Funding Level: No standard maximum is stated. The Capital Outlay Request form is generally submitted during the annual legislative-request window, commonly October through December; applicants should confirm the exact dates and submission instructions with the Indian Affairs Department and Legislative Council Service.
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River Stewardship Program

For: Planning, design, construction, maintenance, and monitoring projects that improve surface-water quality, riparian habitat, aquatic habitat, or downstream flood resilience.
Administered By: New Mexico Environment Department
Eligibility: Towns, cities, counties, soil and water conservation districts, irrigation districts, state agencies, nonprofits, for-profit organizations, and Indian Nations, Pueblos, and Tribes; federal agencies are ineligible.
Funding Type: Grants
Max Funding Level: No maximum award amount is stated. The 2026 request-for-proposals window was March 19 through June 18, 2026; future awards depend on legislative appropriations and available funds.
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Local Government Planning Fund

For: Planning documents needed to develop public infrastructure projects, including feasibility studies, preliminary engineering reports, asset-management plans, capital-improvement plans, and related technical studies.
Administered By: New Mexico Finance Authority
Eligibility: Eligible public entities, including municipalities, counties, mutual domestic water associations, public-water associations and cooperatives, irrigation districts, tribes and pueblos, and state agencies or institutions.
Funding Type: Grants
Max Funding Level: Typically up to $50,000 per planning document and no more than $100,000 per entity within 24 months, unless NMFA approves a waiver for critical need or available funding. Grant shares are determined on a sliding scale using local median household income, utility-rate burden, and demonstrated economic need.
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Public Project Revolving Fund

For: Public capital projects, including infrastructure improvements, water-system upgrades, roads, public buildings, utilities, equipment, healthcare facilities, and quality-of-life projects.
Administered By: New Mexico Finance Authority
Eligibility: Local governments, tribal entities, charter schools, and other qualifying public entities in New Mexico.
Funding Type: Low-interest loans
Max Funding Level: No general maximum is stated. Loans may extend up to 30 years based on the useful life of the project. Communities with median household incomes below the state median may qualify for 0% or 2% interest financing up to $500,000 per entity per fiscal year, subject to available funds.
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