Wednesday, May 20, 2009

New Mexico Creates Team

Governor Bill Richardson has signed an Executive Order to create the “Competitive Grant Advisory Team” to assist local communities in New Mexico compete for funds under the American Reinvestment and Recovery Act (ARRA).

“Most of the formula recovery funds are designated for specific existing programs with very little local discretion. The competitive grant process is the best way for many New Mexico communities, especially rural areas, to access funding for qualified projects that will create jobs and boost the economy,” said Governor Richardson.

The advisory team will meet with the local communities to let them know about the competitive grant opportunities under ARRA and then help the communities navigate the grant process. The group will also look for local partners in state applications for broadband and health information technology funding.

Also, the Executive Order establishes the New Mexico Office of Recovery and Reinvestment to be headed by former New Mexico Governor Toney Anaya to ensure that stimulus funds spur economic activity, create and retain jobs, and promote long-term economic prosperity.