Capital Development Program Fund
Capital Development Program Fund
The New Mexico Department of Finance and Administration invites state agencies, tribal governments, counties, municipalities, and political subdivisions to apply for funding from the Capital Development Program Fund (CDPF). The CDPF provides another funding source for which entities may access to help fund projects across the state.
Current Funds Available:
$24 Million in HB 450 appropriated for project completion grants not to exceed $1 million or 20% of total project cost, which ever is less.
Applications will close August 31, 2025 and entities will be notified of grant awards by October 15, 2025.
FY 2025 Capital Development Program Fund Policy