Community Legislation & Assistance
DESCRIPTION:
- This section details the different acts, initiatives, and programs available to communities that wish to make the economic environment of their areas conducive to business investment and economic growth.
FUNCTION:
- The following acts, initiatives, and programs are designed to help communities attract economic base business and stimulate the local economy. To stimulate the local economy, there are various measures that can be taken by a community to attract new business, encourage business growth, and increase the number of high wage jobs.
STRUCTURE:
- The included information is either local legislation by means of a governing body, programs communities must work together to apply for and carry out, funding available to communities, revolving loan funds, or agencies and government departments ready to assist with technical and other various matters.
DOWNLOADABLE DOCUMENTS (PDF):
- Certified Communities Initiative
- Cibola Foundation Revolving Loan Fund
- Community Adjustment and Investment Program
- Community Development Incentive Act
- Community Development
- Construction Programs Bureau, Environment Department
- Efficient Use of Energy Act
- Federal Home Loan Bank Economic Development Program Plus
- HUD Community Development Block Grant Program (CDBG)
- Local Economic Development Act
- Local Options Gross Receipts Tax (LOGRT)
- MFA 501(c)(3) Bond Financing for Affordable Rental Housing
- MFA Tax Exempt Bond Financing
- New Mexico Aviation Funding Program
- New Mexico Community Development Loan Fund
- New Mexico Finance Authority (NMFA)
- New Mexico Industrial Revenue Bonds (IRBs)
- New Mexico MainStreet Program
- New Mexico Finance Authority Public Project Revolving Fund
- North Central New Mexico Economic Development Revolving Loan
- Ten Basic Steps in a New Mexico "Taxable" IRB
- Tri-County Regional Revolving Loan Fund
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