New Mexico’s partner in building economic prosperity and stronger communities.

NMFA improves the quality of life for New Mexicans by providing financing for infrastructure, capital equipment, and

economic development projects to communities and businesses throughout the state.

Small Business Recovery and Stimulus Programs

NMFA assists businesses throughout the state by administering several recovery and stimulus programs on behalf of the State of New Mexico, including the newly expanded Small Business Recovery Loan Fund and the LEDA Recovery Grants Program created by the New Mexico Legislature in the 2021 Session.

Small Business Recovery Loan Fund – application now open

Business Recovery Grant Program (Local Economic Development Recovery Grants) – application now open

Financing Programs

Public Project Revolving Fund

Public Project Revolving Fund financing for municipalities and other entities.

Business Financing

Providing greater access to capital for businesses and nonprofits.

Water Projects Financing

Financing through the Water Project Fund and Drinking Water State Revolving Loan Fund

Colonias Financing

Financing for Colonias communities’ infrastructure and water needs.

Planning Grants

Grants for communities to assess their needs and plan future projects.


The mission of the New Mexico Finance Authority is to advance New Mexico by financing impactful, well-planned projects. NMFA has become an economic engine for New Mexico. Through its flagship Public Project Revolving  Fund, NMFA has made 1,814 loans totaling $4 billion since the inception of the program.

Eddy County Courthouse

Angel Fire

Fire Truck

Ruidoso Convention Center

Bloomfield Safety Complex

Laguna Escarpment Water Line


“In advance, I want to thank Ryan Olguin, John Brooks, you and the entire New Mexico Finance Authority staff for your guidance and assistance throughout the application process. Receiving the Essential Services Working Capital Loan will further ensure our ability to continue to provide needed primary health care services to our client base of over 53,000 individuals and families located throughout five countries here in the Mid-Rio Grande Valley of central New Mexico.”

-Bob DeFelice, CEO

 First Choice Community Healthcare