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NEW MEXICO OFFICE OF REINVESTMENT AND RECOVERY

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Title: NEW MEXICO OFFICE OF REINVESTMENT AND RECOVERY


1
American Recovery and Reinvestment ActBenefits
and Investment in New Mexico
  • NEW MEXICO OFFICE OF REINVESTMENT AND RECOVERY
  • OFFICE OF THE GOVERNOR
  • May 4, 2009

2
Welcome
  • Rick Homans
  • Cabinet Secretary, NM Taxation and Revenue
    Department
  • Chairman, Governor Richardsons Competitive Grant
    Advisory Team

2
New Mexico Competitive Grant Advisory Team
3
Introductions
  • CGAT Members
  • NM Recovery and Reinvestment Team
  • Federal officials
  • State officials

3
New Mexico Competitive Grant Advisory Team
4
Special Thanks
  • Council of Governments
  • New Mexico Association of Counties
  • New Mexico Municipal League

4
New Mexico Competitive Grant Advisory Team
5
Agenda
  • Status of federal stimulus in NM, and in your
    region
  • Competitive grants, financing packages and key
    tax incentives
  • Questions and answers

5
New Mexico Competitive Grant Advisory Team
6
Purpose of Meeting
  • Governor Richardsons Executive Order
  • Timely, fair, transparent 
  • Extensive outreach to communities
  • Bring every possible federal dollar to New Mexico
    to create jobs, revitalize our economy
  • Many competitive grants, financing packages and
    tax incentives require local initiative we want
    to ensure that you are aware of these programs,
    and that you have time to apply
  • Responsibility to go after these programs rests
    at the local level, and the Council of
    Governments will assist

6
New Mexico Competitive Grant Advisory Team
7
Where is your money going?
  • Direct allocations and awards to state programs
  • Estimated more than 2.8 billion to New Mexico
  • Benefits to individuals and businesses in the
    form of tax relief
  • 288 billion available nationwide for tax relief
    (37 of the total stimulus)
  • Benefits to businesses and communities through
    loans and several new tax-exempt and tax credit
    bond programs
  • More than 30 billion of bond authority available
    nationwide
  • Direct expenditures by federal entities (e.g.,
    EPA, BLM, NPS)
  • 550 million of spending in New Mexico already
    identified
  • Competitive grants
  • 74 billion through state, local, or private
    application to federal agencies

7
New Mexico Competitive Grant Advisory Team
8
Direct allocations and awards to New Mexico
Includes 550 million of direct expenditures in
New Mexico by federal agencies for purposes such
as water infrastructure, wildlife and forest
projects, and infrastructure at federal facilities
8
New Mexico Competitive Grant Advisory Team
9
Direct allocations to your community
  • Recovery Act funds will be distributed to every
    community in New Mexico and will
  • Soften the anticipated cuts in school budgets and
    assist student in being able to afford higher
    education
  • 471 million distributed to all school districts
    and charter schools
  • 191 million for Pell Grants and work study
  • Provide direct infusions into local economies
  • 545 million for Medicaid
  • 174 million for increased caseload and
    expanded benefits in the Food Stamp Program
    (20 increase in caseload)
  • 58 million to extend the period of unemployment
    compensation and to increase the benefit
  • 12 million distributed to local workforce
    boards
  • Support investments for long-term growth through
    infrastructure projects

9
New Mexico Competitive Grant Advisory Team
10
Direct allocations to your community
  • Shovel-ready infrastructure projects have been
    identified through existing state and federal
    processes
  • 264 million in highway and transit projects have
    been awarded to projects identified in the STIP
    and MPO TIP process
  • 43 million in rural water and wastewater
    projects have been awarded by USDA
  • Shovel-ready drinking water and clean water were
    identified from the existing backlog of priority
    projects and noticed for public comment 40
    million in awards will be made soon
  • 3.8 million in additional CDBG projects were
    awarded in the latest funding round
  • The first phase of funding for the State Energy
    Plan will be allocated to project proposals that
    were not funded in previous years subsequent
    funds will be distributed through a competitive
    process
  • 11 million from the Energy Efficiency Community
    Block Grant has been awarded to the state and
    specific communities

10
New Mexico Competitive Grant Advisory Team
11
Direct allocations to your community
11
New Mexico Competitive Grant Advisory Team
12
Direct allocations to your community
12
New Mexico Competitive Grant Advisory Team
13
Direct allocations to your community
13
New Mexico Competitive Grant Advisory Team
14
Direct allocations to your community
14
New Mexico Competitive Grant Advisory Team
15
Direct allocations to your community
15
New Mexico Competitive Grant Advisory Team
16
Upcoming opportunities for communities
  • Assist individuals and businesses in taking
    advantage of
  • Individual Tax Relief - e.g., Making Work Pay
    Tax Credit, First-Time Homebuyers, Earned Income
    and Child Tax Credit
  • Housing Programs including weatherization and
    Tax Credit Assistance
  • Business Tax Relief - changes in treatment of
    bonus depreciation, capital expensing, and
    operating losses and
  • Small Business Loan Programs
  • Pursue bond and loan program opportunities for
    economic development, education, energy, and
    other local investments
  • Collaborate on applications for competitive grant
    funding administered by state or federal entities

16
New Mexico Competitive Grant Advisory Team
17
Competitive grant opportunities
17
New Mexico Competitive Grant Advisory Team
18
Competitive grant opportunities
  • Approximately 74 billion was appropriated for
    national competitive grant opportunities
  • Graph shows remaining funds available and some of
    the most significant state and federal
    opportunities are outlined in the following
    presentations
  • State opportunities will be listed on
    www.recovery.state.nm.us with links to agency
    program contacts or information
  • New Mexico Office of Recovery and Reinvestment
  • Former Governor Toney Anaya, Director
  • Dona Cook, Bill Dunbar and Matt Ruybal, points of
    contact
  • 476-0078
  • Federal opportunities are listed on
    www.grants.gov and described on federal agency
    web pages www.recovery.gov (links to agency
    pages)

18
New Mexico Competitive Grant Advisory Team
19
Competitive grant opportunities
  • Communities should
  • Monitor information from state and federal
    counterparts new opportunities are being
    announced almost daily
  • Learn about the match and loan requirements for
    the specific funding programs
  • Register for federal grant applications
  • go to http//www07.grants.gov/applicants/get_regis
    tered.jsp to register 
  • Entities that have not registered in advance of
    making an application cannot apply
  • It can take anywhere from three days to two weeks
    to register
  • Be prepared to comply with the reporting
    requirements and other accountability and
    transparency provisions of the Recovery (see FAQs
    on www.recovery.gov)

19
New Mexico Competitive Grant Advisory Team
20
Competitive grant opportunities
  • Communities should
  • Identify projects or phases that are shovel-ready
    and/or will create jobs
  • Work within existing funding processes to ensure
    state and federal entities understand your
    priorities and the readiness of your projects
    (e.g., ICIP, uniform application for water
    projects, etc.)
  • Use the NMORR website form to facilitate
    connecting your project with potential funders
    this is not an application process, your project
    will be referred to potential funders by NMORR

20
New Mexico Competitive Grant Advisory Team
21
Competitive Grants, Loans and Bonds
  • Energy Programs
  • State Energy Program
  • Energy Efficiency and Conservation Block Grant
  • Clean Cities

21
New Mexico Competitive Grant Advisory Team
22
State Energy Program
  • Program Funding for projects that adopt
    emerging renewable energy and energy efficiency
    technologies
  • Recovery Act Amount 31.8 million
  • Status and Distribution
  • The first financial assistance award for 10 has
    been received
  • Phase I awards to large, shovel-ready projects
    already in EMNRD-ECMDs pipeline
  • Phase II funding will be awarded through a
    competitive selection process to projects that
    can be completed within the ARRA timelines
  • 100 of first allocation from DOE (10 of total)
    must be obligated by 6/17/09
  • Second allocation of 40 of total funds is
    expected within 60 days of submittal of
    comprehensive application to DOE (must be
    submitted by 5/12/09) allocation expected by
    6/11/09
  • The first and second allocations, or 50 of the
    total funding award, must be deployed by 12/31/09

22
New Mexico Competitive Grant Advisory Team
23
State Energy Program
  • Impact and Investments
  • Funding opportunities will be available in both
    the public and private sectors -examples of
    eligible public entities include state agencies,
    cities, counties, universities, school districts,
    tribes, pueblos, and governmental subdivisions
  • What Local Communities Can Do
  • Form partnerships to structure cost-effective,
    shovel-ready projects that address one or more of
    the following market areas buildings, energy
    education, transportation, public policy,
    industry, and renewable energy
  • Submit project applications to EMNRD-ECMD once
    solicitations are issued at a yet-to-be
    determined date, pending U.S. DOE approval of the
    states plan
  • Solicitations will be posted in newspapers
    statewide and on EMNRD-ECMDs website
    www.CleanEnergyNM.org

23
New Mexico Competitive Grant Advisory Team
24
Energy Efficiency and Conservation Block Grant
  • Program Funding to assists states and local
    governments to save energy, reduce emissions of
    greenhouse gases, increase renewable energy
    production and save money while leveraging
    private and other public funds
  • Recovery Act Amount 20.6 million
  • 11.4 million available directly for eligible
    local governments (10 most populous cities and 10
    most populous counties) and tribes that apply to
    US DOE
  • 5.8 million in competitive grants to smaller
    municipalities and counties
  • 3.8 million in competitive grants

24
New Mexico Competitive Grant Advisory Team
25
Energy Efficiency and Conservation Block Grant
  • Status and Distribution
  • Funds have not been awarded to date
  • No less than 60 of funding will be awarded to
    projects selected through a competitive
    solicitation/application process from smaller
    municipalities and counties activities funded
    with no more than 40 of the program will feature
    shovel-ready projects with already-defined
    benefits
  • Deploy half the money no later than December 31,
    2009 and all the money no later than September
    30, 2010
  • Measure the results according to already-defined
    criteria
  • Timelines
  • For local governments, tribes and pueblos
    eligible to receive direct set aside funds,
    applications to DOE are due by June 25
  • EMNRD-ECMDs comprehensive application is due to
    DOE by May 26
  • Smaller municipalities and counties can compete
    for block grant funding (5.8 million) during a
    May-June 2009 period to be determined
  • Solicitations in the public and private sectors
    for the remaining 3.8 million will be issued in
    July

25
New Mexico Competitive Grant Advisory Team
26
Energy Efficiency and Conservation Block Grant
  • What Local Communities Can Do
  • Attend a webinar training to be held in May
    (details coming soon)
  • Work with the Council of Governments to
    coordinate strategies
  • Collaborate with neighboring jurisdictions,
    school districts, and the private sector on
    potential project partnerships
  • Submit project applications to EMNRD-ECMD once
    solicitations are issued at a yet-to-be
    determined date pending U.S. DOE approval of the
    states plan
  • Solicitations will be posted in newspapers
    statewide and on EMNRD-ECMDs website at
    www.CleanEnergyNM.org

26
New Mexico Competitive Grant Advisory Team
27
EMNRD-ECMD Contact Information
  • State Energy Program
  • Susie Marbury
  • (505) 476-3254
  • Susie.marbury_at_state.nm.us
  • Energy Efficiency and Conservation Block Grant
  • Ken Hughes
  • (505) 476-3320
  • Ken.hughes_at_state.nm.us
  • To be added to an email contact list for RFP
    issuance notification
  • Jane Tabor
  • (505) 476-3252
  • Jane.tabor_at_state.nm.us

27
New Mexico Competitive Grant Advisory Team
28
Clean Cities
  • Program Funding from the Alternative Fuel and
    Advanced Technology Vehicles Pilot Program (DOE
    Clean Cities Program) is available to state and
    local governments, metropolitan transportation
    authorities, air pollution control districts and
    private or nonprofit entities to acquire
    alternative fueled, fuel cell or hybrid vehicles.
    Funding for related infrastructure is also
    available.
  • Recovery Act Amount 300 million (30 grants from
    5 million minimum to 15M million maximum)
  • Status and Distribution Department of Energy
    Competitive Grant Program
  • 1st Round of Funding Applications due May 29th,
    2009
  • 2nd Round of Funding Applications due September
    30th, 2009

28
New Mexico Competitive Grant Advisory Team
29
Clean Cities
  • Impact and Investments Period of Performance for
    the total project is 4 years, with the final 2
    years available for data collection, after alt
    fuel vehicle deployment and supporting
    infrastructure development has been completed
  • 50 Cost Match Required for funding.
  • What Can Local Communities Do Entities eligible
    to apply include state governments, local
    governments, and metropolitan transportation
    authorities in partnership with the Land of
    Enchantment Clean Cities Coalition (active
    membership required)
  • Contact Information Frank Burcham Land of
    Enchantment Clean Cities Coalition Executive
    Director (loecleancities_at_comcast.net or
    505-856-8585)

29
New Mexico Competitive Grant Advisory Team
30
Competitive Grants, Loans and Bonds
  • Public Safety Programs
  • Edward Byrne Competitive Grant
  • Assistance to Firefighters

31
Edward Byrne Competitive Grant Program
  • Program Funding available to state and local
    police forces to help prevent, fight and
    prosecute crime. Targeted use for law
    enforcement, planning, evaluation and technology
    improvement programs.
  • Recovery Act Amount 11.1 million
  • Status and Distribution Funding will be awarded
    according to formula requirements. Eligible
    applicants are any unit of local government.
  • Applications are due to the Department of Public
    Safety (DPS), Grants Management Bureau (GMB),
    postmarked or received no later than 500 pm on
    May 15, 2009
  • The Drug Enforcement Advisory Council (DEAC) has
    appointed a panel to review applications the
    target date for deliberations is June 08 through
    June 12, 2009
  • Awards should go out to all successful applicants
    the first week of July this will allow for
    fifteen (15) days in which an unsuccessful
    applicant may appeal to the Cabinet Secretary of
    DPS

31
New Mexico Competitive Grant Advisory Team
32
Edward Byrne Competitive Grant Program
  • What Can Local Communities Do Applications are
    available on the Departments website
    www.dps.nm.org or by calling the GMB directly at
    827-9112
  • Contact Information
  • Evelyn Romero, Grants Management Bureau Chief
  • evelyn.romero_at_state.nm.us
  • Heather Monarski, Management Analyst
  • heather.monarski_at_state.nm.us

32
New Mexico Competitive Grant Advisory Team
33
Assistance to Firefighters Grant
  • Program Grants available to enable local fire
    departments and emergency medical services to
    purchase or receive training, conduct first
    responder health and safety programs, and buy
    equipment and response vehicles
  • Recovery Act Amount 210 million
  • Status and Distribution
  • FY09 grant application period begins on April 15,
    2009
  • Applications must be received by May 20, 2009
  • Impact and Investments AFG awards aim to enhance
    response capabilities and to more effectively
    protect the health and safety of the public with
    respect to fire and other hazards
  • What Can Local Communities Do Communities are
    encouraged to apply for funding an applicant
    tutorial is now available
  • Contact Information Federal Emergency Management
    Agency's Grant Programs Directorate AFG Program
    staff at 1-866-274-0960 (Help Desk) or E-mail
    firegrants_at_dhs.gov

33
New Mexico Competitive Grant Advisory Team
34
Competitive Grants, Loans and Bonds
  • Education

34
New Mexico Competitive Grant Advisory Team
35
Fiscal Stabilization Innovation Funds
  • Program Investing in What Works and
    Innovation
  • Recovery Act Amount 650 million nation wide
  • Status and Distribution 2010 grant awards will
    be made in two rounds late Fall 2009, Summer
    2010
  • Eligible Entities are
  • A local education agency (LEA) also known as a
    public school district
  • Or a partnership between a nonprofit organization
    and one or more LEAs or a consortium of schools.
  • Nonprofits that have met certain requirements
    (contact PED for details)
  • What Can Local Communities Do Competitive grants
    will be given to states that apply in consortia.
    New Mexico is a partner in various state
    consortia around various initiatives. PED will
    set up stakeholder advisory groups.
  • Contact Information For more information about
    collaborative efforts to apply for this funding
    contact Bill Dunbar at 476-0070
    http//www.recovery.state.nm.us/agencies/ped.html

35
New Mexico Competitive Grant Advisory Team
36
Competitive Grants, Loans and Bonds
  • Housing Programs
  • Overview of HUD programs
  • Neighborhood Stabilization Stimulus Program
    NMMFA
  • Homeless Prevention NMMFA
  • Weatherization - NMMFA

36
New Mexico Competitive Grant Advisory Team
37
Housing and Urban Development Programs
  • Programs
  • Two important programs the Neighborhood
    Stabilization Stimulus Program and the National
    Homeless Prevention Fund will be discussed in
    more detail by the NMMFA
  • Recovery Rural Housing and Economic Development
    (RHED) FY09- Competitive grants for capacity
    building and innovative housing and economic
    development activities in rural areas
  • Eligible applicants are local rural non-profits,
    community development corporations (CDCs),
    federally recognized Indian tribes, state housing
    finance agencies (HFAs), and state community
    and/or economic development agencies
  • Recovery Act Amount 26.0 million nationally
  • Status and Distribution NOFA for FY09 available
    online. Application deadline date for RHEDs is
    May 29, 2009

37
New Mexico Competitive Grant Advisory Team
38
Housing and Urban Development Programs
  • What Can Local Communities Do
  • NSP state, local governments and nonprofits
    may apply for funding
  • Homeless Prevention local governments may
    apply for funding
  • RHED nonprofits, community organizations and
    housing agencies monitor NOFA
  • Participate in the Albuquerque Field Offices
    Grant Writing Training
  • June 9, 10, 11, 2009
  •   Embassy Suites Albuquerque Hotel Spa
  • 1000 Woodward Pl. N.E.
  • Sandia Ballroom VI VII
  • Albuquerque, NM 87102
  • 505-245-7100 (Main Number) / 505-353-5389 (Fax
    Number)
  • Register online at http//www.hud.gov/emarc/index
    .cfm?fuseactionemar.registerEventeventId16upda
    teN

38
New Mexico Competitive Grant Advisory Team
39
Housing and Urban Development Programs
  • Contact Information
  • Frank Padilla, Director of Community Planning and
    Development
  • Phone (505) 346-7361
  • Email frank.padilla_at_hud.gov
  • Monica Gonzales, Financial Analyst
  • Phone (505) 346-7345
  • Email monica.m.gonzales_at_hud.gov
  • HUD Websites
  • http//www.hud.gov/recovery/nspg.cfm
  • http//www.hud.gov/offices/cpd/economicdevelopmen
    t/programs/rhed/ http//www.hud.gov/office
    s/cpd/economicdevelopment/programs/rhed/funding09/
    index.cfm

39
New Mexico Competitive Grant Advisory Team
40
Neighborhood Stabilization Program
  • Program Neighborhood Stabilization Program
  • Funding to acquire and redevelop foreclosed upon
    and/or abandoned residential properties in order
    to stabilize property values in areas with high
    foreclosure rates
  • Recovery Act Amount 2 billion nationally
  • Status and Distribution
  • HUD will issue Notice of Funding Availability
    (NOFA) on May 3
  • Eligible applicants include states, units of
    local government, non-profits, and consortia of
    non-profits and for-profits
  • Rating factors will include capacity to execute
    projects, leveraging potential, and concentration
    of investment to achieve neighborhood
    stabilization

40
New Mexico Competitive Grant Advisory Team
41
Neighborhood Stabilization Program
  • Impact and Investments
  • MFA estimates that for every 1 million used to
    rehab 20 homes
  • Estimated state and local tax revenue generated
    105,000
  • Estimated jobs created (direct and indirect) 11
  • What Can Local Communities Do
  • Units of local government may apply directly to
    HUD for funding (review NOFA after it is released
    for further details)
  • Local communities are encouraged to collaborate
    with non-profits
  • Contact Information www.hud.gov/recovery/nspg.cf
    m
  • Frank Padilla, Director of Community Planning and
    Development, NM HUD Office
  • Phone (505) 346-7361
  • Email frank.padilla_at_hud.gov
  • Monica Gonzales, Financial Analyst, NM HUD Office
  • Phone (505) 346-7345
  • Email monica.m.gonzales_at_hud.gov

41
New Mexico Competitive Grant Advisory Team
42
Homelessness Prevention and Rapid Re-Housing
  • Program Homelessness Prevention and Rapid
    Re-Housing (HPRP)
  • Assistance to low-income households who are
    precariously housed and at risk of becoming
    homeless as well as those currently homeless
  • Recovery Act Amount 8,585,909 for New Mexico
  • MFA will administer 6,778,653
  • City of Albuquerque will administer 1,807,256
  • Status and Distribution
  • HUD will make funding available September 1
  • MFA drafted HPRP plan public comment period
    closes May 4
  • RFP will be published in May, anticipate making
    awards in August
  • Impact and Investments Anticipate HPRP will
    serve an estimated 800 households outside
    Albuquerque approximately 10 jobs
    created/retained

42
New Mexico Competitive Grant Advisory Team
43
Homelessness Prevention and Rapid Re-Housing
  • What Can Local Communities Do
  • Units of local government may apply to MFA for
    funding
  • RFP will be available May 21 on MFAs website
    www.housingnm.org
  • Proposals will be due to MFA no earlier than June
    19
  • MFAs Board of Directors will determine the
    successful awardees on or about August 19
  • MFA will award funds to one lead agency in a
    service area
  • Service area one or more counties
  • Successful applications will demonstrate the
    following
  • Capacity to provide broad spectrum of housing and
    services
  • Local collaboration with agencies serving
    specific target populations
  • Local partnerships to provide services
  • Local communities are encouraged to collaborate
    with social service providers
  • Contact Information www.housingnm.org

43
New Mexico Competitive Grant Advisory Team
44
Weatherization Assistance Program
  • NM Energymart (Weatherization Assistance
    Program) 26.8 million
  • Status and Distribution MFA will execute
    contracts with service providers on or about June
    1
  • Impact and Investments
  • NM Energymart benefits low-income households (
    200 of poverty)
  • NM Energymart will serve an estimated 2,800
    households throughout the state
  • Average household energy cost savings 400
    annually
  • Estimated jobs created 210
  • What Can Local Communities Do
  • Contact service providers to collaborate on
    educational opportunities and awareness campaigns
  • Refer prospective weatherization clients to
    service providers
  • Contact Information www.housingnm.org

44
New Mexico Competitive Grant Advisory Team
45
Competitive Grants, Loans and Bonds
  • Employment Programs
  • Dislocated Worker National Reserve
  • Green Jobs Training

45
New Mexico Competitive Grant Advisory Team
46
Dislocated Worker National Reserve
  • Program Funds will be utilized to respond to
    plant closings, mass layoffs, and other worker
    dislocations
  • Recovery Act Amount 200 million
  • Status and Distribution No deadlines for
    submissions consideration is based on need that
    exceeds formula dislocated worker funds
  • Impact and Investments Provides retraining and
    allowances for some support payments to
    dislocated workers. This will most likely
    benefit towns adjacent to closed/downsized mining
    operations such as Silver City and Taos.
  • What Can Communities Do Communities can identify
    specific evidence of needs and participate with
    the State to determine appropriate training for
    dislocated workers.
  • http//wia.state.nm.us/dws-mainoffice.html
  • www.dol.gov.recovery

46
New Mexico Competitive Grant Advisory Team
47
Green Jobs Training
  • Program Funds will be utilized to support
    training programs/apprenticeship programs for
    green construction, energy efficiency and
    renewable energy installations
  • Recovery Act Amount 500 million
  • Status and Distribution Specific application
    criteria are currently being developed by the
    federal Department of Labor
  • Impact and Investments Hire and train local
    workers for existing and emerging green jobs
    based on area needs
  • What Can Local Communities Do For more
    information about collaborative efforts to apply
    for this funding contact Bill Dunbar at 476-0070
  • NMDWS Contact Information www.dws.state.nm.us
  • Deputy Cabinet Secretary, Teresa Gomez
    (505) 841-8488
  • Chief of Staff, Jason Lewis
    (505) 841-8672

47
New Mexico Competitive Grant Advisory Team
48
Competitive Grants, Loans and Bonds
  • Rural and Economic Development Programs and Small
    Business Incentives
  • Economic Development Assistance Program
  • Rural Business Enterprise Grant
  • Other USDA Funding Opportunities
  • Small Business Incentives

48
New Mexico Competitive Grant Advisory Team
49
Economic Development Assistance
  • Program Economic Development Assistance for
    planning, technical and infrastructure assistance
    for communities who have severe job loss EDA has
    funding for
  • (1) public works
  • (2) planning
  • (3) local technical assistance and
  • (4) economic adjustment assistance
  • Recovery Act Amount 100 million
  • Status and Distribution Applications being
    accepted as of March 10, 2009 applications are
    accepted on a continuing basis and processed as
    received
  • Impact and Investments Communities throughout
    the State benefit from
  • Enhancing infrastructure/facilities that help in
    job creation
  • Gaining additional resources for economic
    planning
  • Assisting communities react to adverse and sudden
    economic changes

49
New Mexico Competitive Grant Advisory Team
50
Economic Development Administration
  • What Can Local Communities Do
  • Work with local governments (COGs) and other
    organizations to identify priority projects and
    submit applications to EDA
  • Contact Information
  • Pedro Garza, Austin Regional Director
    pgarza_at_eda.doc.gov
  • Mathew Woodlee, New Mexico Economic Development
    Department Mathew.Woodlee_at_state.nm.us 827-0278
  • Websites
  • www.eda.gov
  • www.grants.gov

50
New Mexico Competitive Grant Advisory Team
51
Rural Business Enterprise Grant
  • Program Funds to support the development of
    small and emerging businesses. The RBEG program
    may fund projects as varied as business revolving
    loan funds, business district infrastructure
    projects, capital improvement projects, business
    incubators and downtown revitalization projects
    (http//www.rurdev.usda.gov/arra/recovery-program.
    htm).
  • Recovery Act Amount 20 million nationally
  • Status and Distribution All submissions must be
    made to the New Mexico USDA Rural Development
    State Office and received by May 22, 2009.
  • It is anticipated that funding awarded to
    successful applicants will be received six to
    eight weeks following the May 22, 2009 deadline.
  • Impact and Investments The goals of the RBEG
    program is to create jobs and economic
    opportunities for small and emerging businesses
    in rural areas statewide. Rural areas are
    communities with populations of less than 50,000.
    (http//www.rurdev.usda.gov/arra/recovery-program.
    htm).

51
New Mexico Competitive Grant Advisory Team
52
Rural Business Enterprise Grant
  • What Can Local Communities Do Eligible
    applicants are public bodies and private
    nonprofit corporations including States,
    counties, cities, districts and Indian tribes on
    Federal and State reservations that serve rural
    areas. Entities that are interested in applying,
    or that are in need of further assistance, should
    contact the New Mexico USDA Rural Development
    State Office. Applications must be received by
    May 22, 2009.
  • Contact Information
  • New Mexico USDA Rural Development State Office
  • 6200 Jefferson Street NE, Room 255
  • Albuquerque NM 87109
  • (505) 761-4950
  • http//www.rurdev.usda.gov/arra/recovery-program/h
    tm
  • Elizabeth Holmes
  • EHolmes_at_nmda.nmsu.edu
  • (505) 795-2459

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Opportunities for Competitive Loan/Grant Funding
Through USDA Rural Development
  • Program "To increase economic opportunity and
    improve the quality of life for all rural
    Americans"
  • Recovery Act Amount Three times normal
    apportionment to New Mexico approximately 240
    million for all programs
  • Status and Distribution Distribution of funds
    will be through regular funding process through
    business, community and housing programs
  • Impact and Investments Local impact will include
    the creation saving of jobs, providing clean
    water and the construction or purchase of homes
    funds will be distributed in rural communities
  • What Can Local Communities Do Local communities
    need to contact Rural Development areas offices
    for information
  • Contact Information www.rurdev.usda.gov

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New Mexico Competitive Grant Advisory Team
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Small Business Incentives
  • Small Business Administration Incentives
    Available IMMEDIATELY
  • Upfront Borrower Guarantee Fees on SBA Loans are
    Temporarily Eliminated
  • Effective Dates 2/17/09 thru date of funding
    exhaustion
  • All 7(a) loans
  • Exceptions - Loans of 12 months or less and ARRA
    Prohibited Uses
  • 504 loans
  • Specific prohibited uses, but if otherwise
    eligible, may still work under other SBA programs
  • Up to 90 Guaranty on SBA Loans, Temporarily
  • Effective Dates 3/16/2009 thru date of funding
    exhaustion
  • All 7(a) and Pilot Loan Programs (Except SBA
    Express)
  • Specific prohibited uses, but if otherwise
    eligible, may still work under other SBA programs
  • Prohibited Uses
  • States or local governments not eligible
  • No casinos, gambling establishments, aquariums,
    zoos, golf courses or swimming pools

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New Mexico Competitive Grant Advisory Team
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Small Business Incentives
  • Secondary Market Thaw
  • Treasury to purchase up to 15 billion in loans
    sold by banks to encourage more lending to small
    businesses
  • More Micro-loan Money Available to SBA
    Micro-lenders
  • Intermediary microlenders designated by SBA can
    make more loans up to 35,000 to small businesses
  • WESST is NMs Microlender www.wesst.org
  • Surety Bond Program Expansion
  • Raised Maximum Amount for Contracts that qualify
    for surety bonds up to 5 million
  • Up to 10 million on certain fed contracts
  • Future SBA-related ARRA Incentives to be
    Announced
  • Refinancing under 504
  • Americas Recovery Capital Program (ARC) -
    Business Stabilization Loans
  • For Information on other Recovery Act Incentives
  • SBA Website for ARRA Info www.sba.gov/recovery/
  • General Website www.recovery.gov/

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New Mexico Competitive Grant Advisory Team
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Your SBA New Mexico District Office
  • General Questions?
  • SBA New Mexico District Office
  • 625 Silver SW, Suite 320
  • Albuquerque, NM 87102
  • www.sba.gov/nm
  • 505-248-8225
  • Toll Free NM Small Business Hotline
  • 1-800-726-3632,
  • select Option 2, followed by selection of Option 3

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New Mexico Competitive Grant Advisory Team
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Competitive Grants, Loans and Bonds
  • New and Enhanced Bond Programs
  • Build America Bonds
  • Clean Renewable Energy Bonds
  • Energy Conservation Bonds
  • Recovery Zone Facility Bonds
  • Recovery Zone Economic Development Bonds
  • Qualified School Construction Bonds
  • Qualified Zone Academy Bonds

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New Mexico Competitive Grant Advisory Team
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New and Enhanced Bond Programs
  • Program Purpose and Recovery Act Amounts
  • American Reinvestment and Recovery Act of 2009
    expands the investor base for municipal debt to
    help lower the overall interest paid on bonds
  • creates new types of tax-exempt bonds and
    expanding existing uses
  • creates several new types of tax-credits bonds
  • modifies existing tax regulations and eases
    restrictions
  • Status and Distribution
  • Not grant programs
  • The funds needed for construction projects will
    be generated by the issuance of these tax-exempt
    or tax-credit bonds
  • Regardless of the bond program, only projects
    that are able to demonstrate ability to repay the
    debt will qualify
  • NMFA has requisite statutory authority to issue
    bonds on behalf of local governments as well as
    private entities, but will need to establish
    policies to implement their use
  • All bonds must be issued by December 31, 2010

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New Mexico Competitive Grant Advisory Team
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New and Enhanced Bond Programs
  • Build America Bonds
  • New program created by ARRA
  • No volume limitation
  • Only governmental purpose and use including
    universities
  • State and local governments may elect to issue
    taxable Build America Bonds in lieu of tax-exempt
    governmental bonds
  • The issuer receives a rebate from the IRS in the
    amount of 35 of the interest paid on the bonds
  • Bonds issued through traditional methods
  • Clean Renewable Energy Bonds
  • Increases 800 million to 2.4 billion
    (nationally)
  • Interest-free financing for renewable energy
    projects that generate electricity from a clean
    process, including clean coal, wind and solar

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New Mexico Competitive Grant Advisory Team
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New and Enhanced Bond Programs
  • Energy Conservation Bonds
  • 800 million to 2.4 billion (nationally) for
    calendar years 2009 and 2010
  • ARRA expands the use of Energy Conservation Bonds
  • Created in 2008, allows governments to issue
    bonds to finance
  • improvements that reduce energy consumption in
    publicly owned buildings
  • implementation of green community programs
  • electricity production form renewable energy
    resources for rural areas
  • the construction of research facilities
  • grants to support development of green
    technologies, reduce pollution from mass commuter
    vehicles and
  • advance other green technologies and
    infrastructure
  • The 2009 Stimulus Package expands the use of
    QECBs to allow governments to make loans to
    individuals for green community programs e.g.,
    loans for homeowners to retrofit their homes with
    energy conservation products

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New Mexico Competitive Grant Advisory Team
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New and Enhanced Bond Programs
  • Recovery Zone Facility Bonds
  • New category of tax-exempt private activity bonds
  • 15 billion limitation will be allocated to
    states in proportion to their respective 2008 job
    losses and then sub-allocated to large counties
    and municipalities (population of more than
    100,000) on the basis of relative job losses
  • An estimated 155.8 million for New Mexico
  • Bond proceeds fund capital projects in recovery
    zones for businesses that typically would not
    qualify for tax-exempt financing (distribution
    centers, hotels, research parks-virtually any
    trade or business, except residential rental
    facilities or sin businesses) volume cap not
    required.
  • Recovery Zones designated by state and local
    governments as having significant poverty,
    unemployment, home foreclosure rates, general
    distress or military base re-alignment

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New Mexico Competitive Grant Advisory Team
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New and Enhanced Bond Programs
  • Recovery Zone Economic Development Bonds
  • New category of tax-credit bonds (similar to
    Build American Bonds)
  • 10 billion limitation will be allocated to
    states in proportion to their respective 2008 job
    losses and then sub-allocated to large counties
    and municipalities (population of more than
    100,000) on the basis of relative job losses
  • An estimated 103.87 million for New Mexico
  • Governmental bonds used for governmental purpose
  • Finances development within a Recovery Zone,
    including construction of public facilities as
    well as for job training or education programs
  • Recovery Zones designated by municipalities and
    counties based upon poverty, unemployment, home
    foreclosure, general distress or military base
    re-alignment
  • The federal government will provide issuers of
    Recovery Zone Economic Development Bonds with a
    tax credit equal to 45 of the interest on the
    bonds

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New Mexico Competitive Grant Advisory Team
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New and Enhanced Bond Programs
  • Qualified School Construction Bonds
  • New category of tax credit bonds
  • In calendar years 2009 and 2010, 11 billion
    available annually with
  • 60 allocated to states based upon their
    respective amounts of local educational grants
    received under the Elementary and Secondary
    Education Act and
  • 40 allocated to large local education agencies
    that serve low income children
  • Issued by State and Local Governments funded
    construction, rehabilitation or repair of public
    school facilities or acquisition of land for a
    public school to be construction with proceeds of
    these bonds
  • Qualified Zone Academy Bonds
  • ARRA extends and expands QZABs, which are
    tax-credit bonds issued for the benefit of
    certain public school programs and improvements
  • QZABs increased from 400 million to 1.4 billion
    nationally in each 2009 2010

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Competitive Grants, Loans and Bonds
  • Arts Programs

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New Mexico Competitive Grant Advisory Team
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Arts Jobs Funding in New Mexico
  • 247,000 available in grants from New Mexico
    Arts, Department of Cultural Affairs
  • About fifteen to twenty competitive Arts Jobs
    grants available
  • Funding from the National Endowment of the Arts
    (NEA) under the American Recovery and
    Reinvestment Act
  • Must apply online to New Mexico Arts by June 5,
    2009
  • Must be nonprofit, 501(c)3, arts organization and
    regular arts grantee in FY07, FY08, FY09, or FY10

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New Mexico Competitive Grant Advisory Team
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Arts Jobs Funding in New Mexico
  • Eligible nonprofit arts organization may either
    apply for
  • Up to 20,000 in salary support for one staff
    position critical to artistic mission
  • or up to 7,500 for artist/contractor fees for
    previously engaged artists and/or contractual
    personnel
  • Must demonstrate position or artist/contractor
    fees are in jeopardy or eliminated due to economy
  • Full time development and fundraising positions
    are not eligible under NEA rules
  • Government entities are not eligible unless they
    are a local arts council or based in rural New
    Mexico and a key provider of arts services
  • For more information www.nmarts.org
  • Contact Ann Weisman at (505) 827-6490 or
    1-800-879-4278, instate
  • ann.weisman_at_state.nm.us

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New Mexico Competitive Grant Advisory Team
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Collaboration to Bring Dollars to New Mexico
  • Broadband
  • Green Grid
  • Health Information and Technology

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New Mexico Competitive Grant Advisory Team
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Broadband
  • The Broadband initiative provides an opportunity
    to implement high speed network infrastructures
    to un-served or underserved communities
  • High speed network access provides benefits to
    business, education, health, government, and the
    individual
  • Broadband provides access to web based business
    operation services such as sales, service,
    purchasing, call centers, information exchange,
    and many others
  • Broadband services such as integrated
    voice/data/video can reduce business costs,
    improve customer services, and reduce the impact
    of remotely located business offices
  • Distance learning assists schools in providing
    access to high quality instruction filling in the
    gaps in teacher/skills availability
  • Tele-health provides medical assistance without
    the need to travel to population centers
  • Broadband should have a positive impact on job
    creation, business advancement, and productivity

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New Mexico Competitive Grant Advisory Team
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Broadband
  • The Federal package includes several areas for
    investment in state high speed (broadband)
    networks
  • Agriculture Department, Rural Utilities (loan or
    grant) 2.5 billion nationally
  • Commerce Department, NTIA (competitive grant)
    4.7 billion national
  • Multiple technology distributions that may
    include IT infrastructure
  • Grants may come to states, companies, nonprofits
    or other entities
  • Funds would be distributed based upon the winning
    proposals
  • NM is guaranteed at least one grant
  • The anticipated size of the NM grant could be
    from 30-100 million
  • Grants require 20 non-federal match
  • Included in the state application will be all
    high schools, public libraries, universities,
    tele-health centers, state offices, and super
    computer locations

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Broadband Community Involvement
  • Assistance can be provided by
  • Providing a letter of support
  • Identifying benefits to the community
  • Describing need, contacts and pending initiatives
  • Providing copies of proposals, grant applications
    etc.
  • Sample copies of correspondence can be obtained
    from our grant contact person
  • Contact Richard Lowenberg at
  • 505-603-5200
  • lowenberg_at_designnine.com
  • Information is needed by May 20, 2009

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New Mexico Competitive Grant Advisory Team
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Green Grid
  • Since the summer of 2008, the State has been
    coordinating the efforts of nine working groups
    comprised of both national labs, the States
    universities and colleges, the PRC, RETA, State
    Government departments and others to design a
    master project of integrated clean energy power
    generation (the Green of the Green Grid)
    combined with intelligent systems and controls
    for energy management (the smart component of
    the Green Grid).
  • The original project was to model, simulate,
    test, design and build two microgrid
    demonstration installations, located in a rural
    and urban location.
  • When the DOE announced that ARRA funding for the
    smart grid (aka. GreenGrid) would be
    possible, the working groups scaled up the
    project to upwards of 10 microgrid installations
    that would include other clean energy sources
    (geothermal, biomass, etc.) as well as mixed
    use (residential, commercial, industrial,
    municipal use, etc.) in a sub-station and
    distributive energy situation. The idea was to
    mirror usage of a more diverse set of needs that
    reflected those the entire Nation.

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Green Grid
  • On April 16th, the DOE guidelines for smart grid
    installations radically changed the project
    parameters.
  • Once thought to be in favor of larger projects in
    the hundreds of millions, of dollars, the DOE
    issued stringent guidelines favoring smaller
    projects AND instituted a 50 local funding
    requirement. In addition, they split up the
    single project into three parts and prohibited
    one company (or entity) from bidding on all three
    parts.
  • This new reality meant that an integrated,
    interoperable solution to Americas future grid
    would be nearly impossible.

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New Mexico Competitive Grant Advisory Team
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Green Grid
  • On April 18th, the Governors Team devised a
    strategy to influence the DOE to change the
    guidelines and on April 28th, the Governor pushed
    back.
  • In a letter to DOE Secretary Chu (and to the NM
    Congressional Delegation), Governor Richardson
    addressed the flaws of the DOEs argument that
    strongly encouraged several major revisions
  • 1. To increase the project size
  • 2. To reduce the onerous 50
    local funding match
  • 3. To integrate the projects,
    allowing single companies
  • or entities to bid on the entire project

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New Mexico Competitive Grant Advisory Team
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Green Grid
  • In order to build a consensus for the States
    position, a series of Green Grid Regional
    Discussions with New Mexico municipalities and
    utility companies were scheduled throughout the
    State beginning on April 22nd.
  • Discussion meetings were held in Albuquerque, Las
    Cruces, Clovis, Roswell, Gallup, Farmington,
    Espanola and Tucumcari. In addition to
    participation of nearly 100 persons from
    concerned towns, cities and utilities,
    representatives of the Tribal communities were
    also present.
  • A massive letter-writing campaign was put in
    place. Mayors, utilities, energy companies and
    non-profit energy-related organizations were
    encouraged to write to the DOE and to the NM
    Congressional Delegation expressing their
    agreement with the States objections and
    supporting the new proposals.

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New Mexico Competitive Grant Advisory Team
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Green Grid
  • The State must be prepared to submit proposals
    by the expected June 17th deadline whether the
    projects are of the larger, integrated variety or
    the smaller microgrid projects. This means that
    the proposal writing teams must be ready to begin
    their work and adapt their information to the
    winning architecture.
  • The State has its teams in place, and they
    include experienced proposal-writers from both
    national labs Sandia and Los Alamos. Project
    Leader, Stephan Helgesen of the EDD is working
    with the Governors Science Advisor, Tom Bowles,
    both labs and the NMGGI working groups to prepare
    the proposals and meet DOEs deadlines.
  •  

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New Mexico Competitive Grant Advisory Team
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Green Grid
  • The DOEs comment period on the guidelines for
    the smart grid grants ends on May 6th.
  • Companies, municipalities, utilities, energy
    organizations or citizens can support the States
    position and make their voices heard by sending
    in a letter to the DOEs email address before May
    6th.
  • Send to smart-grid.noicomments_at_hq.doe.gov
  • A sample letter can be found on
    www.greengridnewmexico.org
  • Help New Mexico build
  • Americas 21st century clean energy Green Grid
  •  

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New Mexico Competitive Grant Advisory Team
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Health Information Technology Grants
  • Program
  • Health Information Technology Grants (HITECH) 2
    billion
  • Status and Distribution (Awaiting guidance due
    May 18)
  • Impact and Investments
  • Rural areas, critical access hospitals, FQHCs,
    providers serving underserved and uninsured
    populations
  • Health Information Exchange (HIE)
  • Electronic Health Records (EHR)
  • Research and Development
  • Workforce training and credentialing
  • What Can Local Communities Do
  • Explore local collaboration on HIE, Regional
    Centers, Broadband, Telehealth, IHS, VA, Higher
    Education Institutions
  • Contact Information www.grants.gov

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New Mexico Competitive Grant Advisory Team
78
Resources
  • New Mexico Office of Recovery and Reinvestment
  • Dona Cook
  • Phone (505) 476-0078
  • www.recovery.state.nm.us
  • Recovery.gov
  • A site to help citizens track the spending of
    funds allocated by the American Recovery and
    Reinvestment Act
  • www.recovery.gov
  • Grants.gov
  • A complete listing of federal grants
  • www.grants.gov
  • National Governors Association
  • Analysis of the American Recovery and
    Reinvestment Act
  • http//www.nga.org/Files/pdf/ARRAANALYSIS.PDF
  • New Mexico Congressional Delegation
  • An Integrated Guide to the American Recovery and
    Reinvestment Act
  • http//nmlegis.gov/lcs/lcsdocs/ARRP20Guide20200
    9.pdf
  • National Congress of American Indians
  • A Summary of Benefits for Native American
    Communities in the Stimulus Bill
  • www.indiancountryworks.org
  • Staterecovery.gov
  • A service of the Council of Governments to help
    states identify potential funding opportunities
    and share best practices
  • http//www.staterecovery.org/

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New Mexico Competitive Grant Advisory Team
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