Recipient of federal assistance · SANTA FE, NM

NEW MEXICO FINANCE AUTHORITY

NEW MEXICO FINANCE AUTHORITY received $43.4M in federal grants and other assistance in FY2026, on 12 actions, −23% vs FY2025. It has no federal contracts in the loaded years. Since FY2021: $210.6M. Its largest awarding agency was Environmental Protection Agency ($43.4M).

Assistance · FY2026
$43.4M
New awards
3
Actions
12
Since FY2021
$210.6M
UEI
MZHHPMLRY6B9
Location
SANTA FE, NM
State and local governments
Open in the explorerFederal grants & assistance

Federal grants & assistance received

Grants, loans (counted at their subsidy cost), direct payments and insurance, by fiscal year of the action (USAspending.gov, FABS). Reported apart from contracts and never added to them.

Assistance by fiscal year

  1. 11.1MFY2021
  2. 25MFY2022
  3. 62MFY2023
  4. 12.8MFY2024
  5. 56.3MFY2025
  6. 43.4MFY2026

By type

  1. Grants$43.4M100%

Top programs · Awarding agencies

Obligations in FY2026.

Top programs

  1. 66.468 · Drinking Water State Revolving Fund$43.4M100%

Awarding agencies

  1. Environmental Protection Agency$43.4M100%

Largest awards

  1. DESCRIPTION:THIS AGREEMENT PROVIDES FUNDING TO NEW MEXICO FINANCE AUTHORITY. SAFE DRINKING WATER ACT (SDWA) SECTION 1452 OF THE SAFE…$28.4M
    66.468 · Drinking Water State Revolving Fund· Environmental Protection Agency· Formula grant· Aug 23, 2023 – Mar 26, 2026· 02F43201
  2. DESCRIPTION:THIS AGREEMENT PROVIDES A CAPITALIZATION GRANT, FUNDED BY THE INFRASTRUCTURE INVESTMENT AND JOBS ACT (IIJA) (PL 117-58), FOR…$24.9M
    66.468 · Drinking Water State Revolving Fund· Environmental Protection Agency· Formula grant· Jan 14, 2026 – Jan 14, 2026· 02F18904
  3. DESCRIPTION:THIS AGREEMENT PROVIDES A CAPITALIZATION GRANT, FUNDED BY THE INFRASTRUCTURE INVESTMENT AND JOBS ACT (IIJA) (PL 117-58), FOR…$23M
    66.468 · Drinking Water State Revolving Fund· Environmental Protection Agency· Formula grant· Nov 22, 2024 – Mar 26, 2026· 02F18903
  4. DESCRIPTION:THIS AGREEMENT PROVIDES FUNDING TO NEW MEXICO FINANCE AUTHORITY. SECTION 1452 OF THE SAFE DRINKING WATER ACT (SDWA) AND…$21.1M
    66.468 · Drinking Water State Revolving Fund· Environmental Protection Agency· Formula grant· Sep 14, 2023 – Mar 10, 2026· 02F18902
  5. DESCRIPTION:SECTION 1452 OF THE SAFE DRINKING WATER ACT (SDWA) AUTHORIZES THE STATE TO UTILIZE FUNDS TO FURTHER THE HEALTH PROTECTION…$18M
    66.468 · Drinking Water State Revolving Fund· Environmental Protection Agency· Formula grant· Sep 1, 2022 – Mar 10, 2026· 02F18901
  6. DESCRIPTION:THIS AGREEMENT PROVIDES A CAPITALIZATION GRANT FOR THE RECIPIENT'S DRINKING WATER STATE REVOLVING FUND (DWSRF) PROGRAM. THE…$10.9M
    66.468 · Drinking Water State Revolving Fund· Environmental Protection Agency· Formula grant· Jan 26, 2026 – Jan 26, 2026· 99692528

Subawards

Matched by Unique Entity ID: the first-tier subawards this organization reported as a prime recipient, and those primes reported paying it.

As a prime: who it pays · FY2026

  • Sub-grants: $70.5M (28 subawards)

12 sub-recipients

  1. CITY OF SANTA FE$17M24%
    SANTA FE, NM · 9 subawards
  2. CITY OF LAS CRUCES$15M21%
    LAS CRUCES, NM · 2 subawards
  3. CITY OF ALAMOGORDO$12M17%
    ALAMOGORDO, NM · 3 subawards
  4. CALIFORNIA WATER SERVICE CO$10.1M14%
    SAN JOSE, CA · 3 subawards
  5. CITY OF CARLSBAD$6M8.6%
    CARLSBAD, NM · 3 subawards
  6. THE CIENEGUILLA WATER CO.$5.9M8.4%
    SANTA FE, NM · 1 subaward
  7. TOWN OF RED RIVER$1.9M2.7%
    RED RIVER, NM · 1 subaward
  8. CITY OF FARMINGTON$1.3M1.8%
    FARMINGTON, NM · 1 subaward
  9. CITY OF LAS VEGAS$560.4K0.8%
    LAS VEGAS, NM · 1 subaward
  10. VILLAGE OF HATCH$325.5K0.5%
    HATCH, NM · 1 subaward

As a sub-recipient: who pays it · FY2026

No subawards reported to it in FY2026.

By fiscal year

  • FY2021: $10.4M paid out · $0 received
  • FY2022: $9.2M paid out · $0 received
  • FY2023: $15.5M paid out · $0 received
  • FY2024: $11.4M paid out · $0 received
  • FY2025: $7.8M paid out · $0 received
  • FY2026: $70.5M paid out · $0 received

Primes report first-tier subawards of $30,000 or more themselves, and many go unreported (GAO-24-106214). Reporting moved from FSRS to SAM.gov in March 2025 and fewer sub-contracts have been reported since. Amounts are what primes reported; they are never added to prime award totals.

Source: Subawards (first-tier sub-contracts and sub-grants reported under FFATA) (U.S. Department of the Treasury, USAspending.gov (reports filed in SAM.gov, formerly FSRS)), data current to Oct 9, 2026, loaded Oct 9, 2026 · Subawards loaded from FY2021.

Source: Federal financial assistance transactions (Financial Assistance Broker Submission) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 8, 2026, loaded Oct 8, 2026 · FY2021–FY2026.