Child Care Facility Revolving Loan Fund
The Child Care Facility Revolving Loan Fund from New Mexico Finance Authority supports facility improvements and expansion to boost quality child care access, especially in underserved New Mexico communities.
Funder: New Mexico Finance Authority
Due Dates: October 31, 2026
Funding Amounts: Low-interest loans of $100,000–$2,500,000 per project; up to $11.5 million total available; terms up to 20 years at 2% fixed interest.
Summary: Supports New Mexico child care providers with low-interest loans for facility improvements, expansion, new construction, and working capital to increase access to quality child care, especially in underserved communities.
Key Information: Highly competitive; only one top-scoring application per owner will be funded per cycle.
Description
The Child Care Facility Revolving Loan Fund (CCRLF), administered by the New Mexico Finance Authority (NMFA) in partnership with the New Mexico Early Childhood Education and Care Department (ECECD), provides low-interest, long-term loans to eligible child care providers and employers in New Mexico. The program aims to expand access to quality child care by supporting capital projects such as facility renovation, expansion, new construction, and working capital needs. Priority is given to projects serving low-income families, state-subsidized clients, and communities with high poverty rates or child care deserts, as well as those offering non-traditional hours or infant/toddler care.
