New Mexico Match Fund

  1. Home
  2. New Mexico Match Fund

New Mexico Match Fund 

The New Mexico Department of Finance and Administration invites state agencies, tribal governments, counties, municipalities, and political subdivisions to apply for the New Mexico Match Fund. See policy for full list of eligible entities. 

With an initial $75 million appropriation, this fund is designed to amplify federal funding opportunities for infrastructure, research, economic development, the energy transition, and other critical projects that will benefit New Mexico. 

NM Match Fund Programs  

DFA offers three grant programs providing eligible entities with a reliable and nimble source of funding to increase competitiveness for hundreds of federal grant program opportunities that require local match.  

Matching Grant – for eligible entities that require additional funding to meet the minimum match requirement for a federal grant (at least 40% of available funds are reserved for rural, frontier, and tribal governments).

Project Implementation Grant – for recipients of a Matching Grant that require capacity funding to fully implement the federally funded project associated with the Matching Grant.  

(Only available if awarded a Matching Grant) 

 Apply for Federal Compliance Offset Grant – for eligible entities that demonstrate higher project costs due to compliance with federal funding requirements, such as requirements related to worker wages and sourcing American-made materials.