$10 Million in Capital Outlay Funding Awarded to Public Infrastructure Projects in New Mexico MainStreet Districts
6 Dec 2023
Santa Fe, N.M. – Today, the New Mexico Economic Development Department (EDD) and New Mexico MainStreet (NMMS) awarded $10 million in Capital Outlay funding to 11 community revitalization projects in affiliated NMMS Districts. The NMMS Capital Outlay program funds public infrastructure upgrades in targeted public investment areas to positively impact local economies. Projects directly support economic growth, property renovation, public safety, business development, and job creation.
“Capital Outlay funding from the New Mexico Legislature supports infrastructure projects statewide that upgrade utilities, improve public safety and ADA access, preserve historic assets, and much more. We’re grateful for this funding because these visible improvements make MainStreet districts safer and more accessible/welcoming for the entire community,” said Acting Economic Development Secretary Jon Clark.