OVERVIEW of AGENCY PROGRAMS State of New Mexico U.S. Department Of - PDF document

OVERVIEW of AGENCY PROGRAMS State of New Mexico

U.S. Department Of Agriculture U.S. Department Of Agriculture U.S. Department Of Agriculture U.S. Department Of Agriculture R R Rural Development Rural Development l D l D l l t t Mission: To increase economic opportunity and Mission: To increase economic opportunity and improve the quality of life for rural Americans improve the quality of life for rural Americans We manage over 40 grant, direct loan, and We manage over 40 grant, direct loan, and guaranteed loan programs to finance housing, guaranteed loan programs to finance housing, g g p p g g g g businesses, and infrastructure in rural areas. businesses, and infrastructure in rural areas.

7 Priorities of Rural Development 7 Priorities of Rural Development 7 Priorities of Rural Development 7 Priorities of Rural Development • Strategic Partnerships Strategic Partnerships Strategic Partnerships Strategic Partnerships • Capital Markets Capital Markets • Regional Food Systems Regional Food Systems Regional Food Systems Regional Food Systems • Regional Collaboration Regional Collaboration • Community Building • Community Building Community Building Community Building • Alternative Energy Alternative Energy • Broadband and Continuous Business Creation • Broadband and Continuous Business Creation Broadband and Continuous Business Creation Broadband and Continuous Business Creation

Core Agencies Core Agencies Core Agencies Core Agencies • Rural Housing Service Rural Housing Service Rural Housing Service Rural Housing Service • Rural Utilities Service Rural Utilities Service • Rural Business Service Rural Business Service

Single Family Housing Single Family Housing Single Family Housing Single Family Housing – Direct loans, ≈ 3.1% (1% with Direct loans, ≈ 3.1% (1% with interest credit) over 33 yrs interest credit) over 33 yrs interest credit) over 33 yrs interest credit) over 33 yrs for low- for low -income families in income families in communities <10,000 communities <10,000 – Loan guarantees to banks Loan guarantees to banks lending to moderate lending to moderate- -low low income individuals in income individuals in communities <20,000 communities <20,000 – Repair grants and/or loans Repair grants and/or loans for low income families in for low income families in for low income families in for low income families in Th The Vigil family received USDA RD funding to refurbish their Vi il f il i d USDA RD f di t f bi h th i communities <10,000 communities <10,000 home in Clayton.

Single Family Housing Single Family Housing P P Production FY ‘08 Production FY ‘08-’12 d d i i FY ‘08 FY ‘08 ’12 ’12 ’12 (in millions $) (in millions $) 60 50 40 40 Direct Loans 30 Loan Guarantees 20 20 10 0 2008 2009 2010 2011 2012

Multi Multi Multi Family Housing Multi-Family Housing Family Housing Family Housing – Loan guarantees and direct loans for rental Loan guarantees and direct loans for rental Loan guarantees and direct loans for rental Loan guarantees and direct loans for rental housing in communities <10,000 housing in communities <10,000 – Loans/grants for Farm Labor housing Loans/grants for Farm Labor housing g g g g – Housing preservation grants for the repair and Housing preservation grants for the repair and rehabilitation of low income rental housing rehabilitation of low income rental housing g – 111 projects around the state with 4,091 units 111 projects around the state with 4,091 units and 3,303 New Mexico families receiving and 3,303 New Mexico families receiving rental assistance rental assistance

Community Facilities Community Facilities y Objective: Objective: to provide essential to provide essential community facilities community facilities y Eligible Applicants: Eligible Applicants: public bodies, public bodies, counties, non counties, non- -profits and tribes in profits and tribes in communities <20,000 communities <20,000 Uses: Uses: Build facilities and purchase Build facilities and purchase equipment for fire & rescue equipment for fire & rescue equipment for fire & rescue, equipment for fire & rescue, schools, hospitals, libraries, schools, hospitals, libraries, telecommunications telecommunications Obligation Ceremony, Guadalupe County Hospital Assistance Type: Assistance Type: Direct loan, loan Direct loan, loan guarantees or grant guarantees or grant

Community Facilities Community Facilities • Health Care Clinics Health Care Clinics • Community Centers C C Community Centers it it C C t t • Administrative Administrative B ildi B ildi Buildings Buildings Angel Fire Fire Station Roy Ambulance • Non Non- -Profit structures Profit structures • Educational facilities Ed Ed Educational facilities ti ti l f l f iliti iliti • Farmer’s markets, Farmer’s markets, community gardens community gardens it it d d Ledoux Fire Station Opening Ledoux Fire Station

A Sample of Recent Community A Sample of Recent Community F F Facility Projects Facility Projects ili ili P P j j • Acoma Multi Purpose Center ($12 Acoma Multi Purpose Center ($12 Acoma Multi Purpose Center ($12 Acoma Multi Purpose Center ($12 million loan/grant) million loan/grant) • Guadalupe County Hospital ($9.4 loan) • Guadalupe County Hospital ($9 4 loan) Guadalupe County Hospital ($9 4 loan) Guadalupe County Hospital ($9.4 loan) • Taos County Judicial Complex ($15 Taos County Judicial Complex ($15 million loan) million loan) illi illi l l ) ) • Bayard Library ($370,000 loan/grant) Bayard Library ($370,000 loan/grant)

Water and Wastewater Water and Wastewater Water and Wastewater Water and Wastewater Objective: Objective: provide essential provide essential infrastructure for rural areas. infrastructure for rural areas. Eligible Applicants: public bodies, Eligible Applicants: public bodies, counties non profits and tribes in counties, non counties, non-profits and tribes in counties non profits and tribes in profits and tribes in communities <10,000 communities <10,000 Uses: Uses: Construct, repair, modify or Uses: Uses: Construct repair modify or Construct repair modify or Construct, repair, modify or improve water and wastewater improve water and wastewater systems systems Tucumcari Wastewater plant. Rural Development assisted with T i W t t l t R l D l t i t d ith Assistance Type: Assistance Type: Direct loan, loan Direct loan, loan the upgrade and modernization of the facility. guarantees or grant guarantees or grant

Water and Wastewater Water and Wastewater Water and Wastewater Water and Wastewater • Loans at 3.5%, extended up to 40 yrs. Loans at 3.5%, extended up to 40 yrs. • Set aside provided for S t S t Set aside provided for Colonias id id id d f id d f Colonias C l C l i i projects ( ≈ $8 million in grants) projects ( ≈ $8 million in grants) • Set aside provided for Tribes ( ≈ $8 Set aside provided for Tribes ( ≈ $8 million in grants) million in grants)

Rural Utilities Service Rural Utilities Service Rural Broadband Rural Broadband - - Direct loans, loan Direct loans, loan g g guarantees and grants for guarantees and grants for g g broadband providers broadband providers Electric and Telecommunications Electric and Telecommunications Direct loans and loan guarantees to Direct loans and loan guarantees to public bodies, coops, non public bodies, coops, non- -profits and profits and other utilities other utilities Distance Learning and Telemedicine Distance Learning and Telemedicine Direct loans and grants to counties Direct loans and grants to counties High school students in Roy engage in a history course from and incorporated entities operating and incorporated entities operating d i d i t d t d titi titi ti ti Clovis Community College using distance learning equipment. schools, libraries or clinics schools, libraries or clinics

A Sample of Recent Utilities A Sample of Recent Utilities P P Projects Projects j j • Kit Carson Broadband ($65 million) Kit Carson Broadband ($65 million) Kit Carson Broadband ($65 million) Kit Carson Broadband ($65 million) • Leaco Leaco Electric Coop ($38 million) Electric Coop ($38 million) • Ruidoso wastewater plant ($9.7 million) R id R id Ruidoso wastewater plant ($9.7 million) t t t t l l t ($9 7 t ($9 7 illi illi ) ) • Laguna water/wastewater project ($26 Laguna water/wastewater project ($26 million) million) • Anthony water project ($3.2 million Anthony water project ($3.2 million y y p p j j ($ ($ Colonias Colonias Grant) Grant)

Business and Co- Business and Co -op Programs op Programs • Rural Business Rural Business • Business and Business and Enterprise Grant Enterprise Grant Enterprise Grant Enterprise Grant Industry Loan Industry Loan Industry Loan Industry Loan (RBEG) (RBEG) Guarantees Guarantees (B&I) (B&I) • Rural Energy for Rural Energy for Rural Energy for Rural Energy for • Rural Cooperative R Rural Cooperative R l C l C ti ti America Programs America Programs Development Grant Development Grant (REAP) (REAP) (REAP) (REAP) (RCDG) (RCDG) (RCDG) (RCDG) • Other business Other business • Value Value- -added added energy programs energy programs Producer Grant Producer Grant (VAPG) (VAPG)