Colonias Infrastructure Fund
Forecasted
The Colonias Infrastructure Fund by New Mexico Finance Authority supports scientific planning, design, and construction of vital infrastructure in Colonia-designated communities of southern New Mexico.
Funder: New Mexico Finance Authority
Due Dates (Anticipated): January 2027 (Notice of Intent) | March 2027 (Application)
Funding Amounts: Typical annual fund $80 million; individual awards are 90% grant / 10% loan, capped at 15% of available funds per project ($12M/project for 2026-27); 10% local match required.
Summary: Supports planning, design, and construction of essential infrastructure in Colonia-recognized southern New Mexico communities.
Key Information: This is a forecasted cycle—dates are projected; see program page for confirmation.
Description
The Colonias Infrastructure Fund, managed by the New Mexico Finance Authority (NMFA) and guided by the Colonias Infrastructure Board (CIB), provides financial support for infrastructure projects in Colonia-designated communities in southern New Mexico. The fund targets communities lacking basic infrastructure such as water and wastewater systems, solid waste facilities, flood and drainage control, roads, and housing infrastructure. Funding is structured as a combination of grant (90%) and loan (10%), with a required local match. The program aims to improve quality of life, address public health and safety concerns, and foster economic development in eligible rural communities.
