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Salt Fire and South Fork Fire Zero-interest Loans Program is sponsored by New Mexico Department of Finance & Administration (DFA). Provides zero-interest reimbursable loans to New Mexico political subdivisions to repair or replace public infrastructure damaged by the Salt Fire and South Fork Fire, or associated flooding and debris flows.
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Fire Recovery Assistance | New Mexico Department of Finance and Administration Salt Fire and South Fork Fire Zero-interest Loans Program Governor Lujan Grisham signed HB1 from the 2024 Special Session, allocating $70 million for zero-interest loans to help New Mexico political subdivisions repair or replace public infrastructure damaged by the Salt Fire and South Fork Fire.
These loans provide critical financial support before FEMA Public Assistance reimbursement is available. DFA and the NM Department of Homeland Security and Emergency Management (DHSEM) work together to assist local entities with this process. Provide zero-interest reimbursable loans to political subdivisions of the state Political subdivisions must have been pre-approved for federal public assistance funding.
Funding available for projects to replace or repair public infrastructure damaged by fire, flooding, or debris flows caused by or stemming from the Salt Fire and South Fork Fire. DFA-LGD requires a loan agreement for reimbursement from a political subdivision of the state receiving a loan.
Alpine Village Sanitation District Cedar Creek Mutual Domestic Community Hermit’s Peak-Calf Canyon Recovery Loan Zero-Interest Loans Program DFA, in partnership with the Department of Homeland Security Emergency Management (DHSEM), awarded $99.
6 million in zero-interest loans to political subdivisions of the state for projects to replace or repair public infrastructure damaged by fire, flooding, or debris flows caused by or stemming from the Hermits Peak-Calf Canyon fire. $41. 1 million to Mora County for road and culvert repairs $34.
2 million to San Miguel County for road and bridge repairs $22. 6 million to the City of Las Vegas for debris removal projects and a temporary filtration system $1 million to Mora Mutual Domestic Water Consumers Associations (MDWSA) for well water pump project $500 thousand to Agua Pura Water Association for water supply system pipe repairs and replacement Learn more about the successful distribution of these funds here .
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According to the current listing, eligibility includes: Political subdivisions of New Mexico (e. g. Confirm the full requirements in the official notice before applying.
The current listing shows $70,000,000 (total program allocation). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Salt Fire and South Fork Fire Zero-interest Loans Program is funded by New Mexico Department of Finance & Administration (DFA). Verify program details on the funder's official page before applying.
This opportunity targets applicants in New Mexico. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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