Jeff Bingaman United States Senator from New Mexico

WASHINGTON – U.S. Senators Jeff Bingaman and Tom Udall today announced that funding from the recovery package enacted last week is already beginning to flow to New Mexico. 

"It's been just over a week since the recovery package was signed into law and already our state is receiving millions of dollars to expand housing and economic development opportunities for New Mexicans," Bingaman said. 

"This is a good initial infusion of funding from the economic recovery package that will create jobs by making needed investments in housing across New Mexico," said Udall.

The U.S. Department of Housing and Urban Development (HUD) is releasing millions of dollars for housing improvements and/or economic development initiatives -- a portion will go to Albuquerque, Rio Rancho, Las Cruces and Santa Fe, a portion will go to the state for distribution to other New Mexico communities, and a portion will go to pueblos.      

Funding will be distributed as follows:

· $3.8 million to the State of New Mexico to be distributed on a competitive basis to communities.  Funding will be used for community planning, to provide affordable housing, and to create economic opportunities.

· $6.78 million to the State of New Mexico to be distributed on a competitive basis to communities.  Funding will be used to help communities provide assistance and services to individuals and families in danger of becoming homeless and to help those who are experiencing homelessness. 

· $13 million for the New Mexico Mortgage Finance Authority to provide funding for construction of affordable housing projects in the planning stages across the state.

· $1.8 million for the City of Albuquerque to provide assistance and services to individuals and families in danger of becoming homeless and to help those who are experiencing homelessness. 

· $1.18 million to Albuquerque to help provide affordable housing and to create economic opportunities. 

· $116,504 to Farmington to help provide affordable housing and to create economic opportunities. 

· $84,497 to Rio Rancho to help provide affordable housing and to create economic opportunities.

· $269,562 to Las Cruces to help provide affordable housing and to create economic opportunities.

· $155,961 to Santa Fe to help provide affordable housing and to create economic opportunities. 

Funding was also released under HUD's Native American Housing Block Grant program, which can be used for new construction, acquisition, rehabilitation, including energy efficiency and conservation, and infrastructure development.  Funds can also be used to leverage private sector financing for new construction, renovation and energy retrofit investments.  It will be distributed as follows:

· Acoma Pueblo                        $418,372

· Cochiti Pueblo                        $117,318

· Isleta Pueblo                           $334,203

· Jemez Pueblo                          $244,291

· Jicarilla Reservation                $544,857

· Laguna Pueblo                        $648,028

· Mescalero Reservation            $988,799

· Nambe Pueblo                         $286,514

· Ohkay Owingeh                      $210,769

· Picuris Pueblo                         $44,646

· Pojoaque Pueblo                     $87,368

· San Felipe Pueblo                   $201,303

· San Ildefonso Pueblo              $166,501

· Sandia Pueblo                         $80,380

· Santa Ana Pueblo                   $51,069

· Santa Clara Pueblo                  $293,411

· Santo Domingo Pueblo           $373,874

· Taos Pueblo                             $276,775

· Tesuque Pueblo                       $64,584

· Zia Pueblo                               $100,000

· Zuni Pueblo                             $1.307 million