I look forward to working diligently on behalf of my constituents
and being a voice for those most in need.
Recovery and Stimulus Programs
Governor Michelle Lujan Grisham signed House Bill 11 Friday, which will provide $200 million from the state general fund to thousands of businesses that experienced income declines in 2020.
The bill will provide individual grants of up to $100,000 without repayment to businesses for the reimbursement of rent, lease or mortgage obligations on property located in New Mexico.
Among the guidelines:
Businesses must be operating in New Mexico with fewer than 75 employees per location;
Businesses must demonstrate a loss of revenue for at least one quarter between 2019 and 2020;
Funding must be used for reimbursement of rent, mortgage or lease obligations;
The grant must be accompanied by job creation for each quarter prior to one of the quarterly payments; and
The grants will be paid out in quarterly installments.
FOR MORE INFORMATION OR TO APPLY: PLEASE CLICK HERE