New Mexico’s partner in building economic prosperity and stronger communities
NMFA provides low-cost, low-interest financing for infrastructure, capital equipment, and economic development throughout the state.
Public Project Revolving Fund
Low-interest loans and no fees for infrastructure, fire and safety equipment, public buildings, roads, water systems, schools, hospitals, and more.
Water Project Fund
Grants and low-interest loans for water storage, conveyance and delivery, flood prevention, conservation and treatment, recycling and reuse, and watershed restoration and management
Planning Grants
Grants for planning documents, including preliminary engineering reports, water conservation and long-term water plans, energy efficiency, affordable housing, more
Business Financing
Access to low-cost capital for New Mexico businesses

Infrastructure Impact
The mission of the New Mexico Finance Authority is to be New Mexico’s partner in economic prosperity and stronger communities. Through its flagship Public Project Revolving Fund, NMFA has made almost 2,300 loans totaling approximately $5.4 billion since the inception of the program through June 30, 2025. The Water Project Fund also has a significant impact on the infrastructure of New Mexico: since its inception, the Water Project Fund has funded 652 projects totaling over $1 billion.
NMFA Strategic Plan
In 2024, NMFA Board of Directors and staff members created a new strategic plan to guide the activities of the organization over the next three years.
in PPRF loans
Over
in Water Project Funding
