New Mexico Match Fund (NM) Grant

New Mexico Match Fund (NM) Grant

Status: ACTIVE
Funder: New Mexico Department of Finance and Administration (DFA)
Last Updated: October 23, 2025

Summary

The New Mexico Match Fund, administered by the Department of Finance and Administration (DFA), provides vital financial support to state agencies, tribal governments, and municipalities. This fund offers three grant programs aimed at helping eligible entities secure federal grants that require local matching funds. With a commitment to support rural, frontier, and tribal communities, the DFA facilitates increased competitiveness for federal funding opportunities while ensuring efficient application reviews within 20 business days.

Overview

NOTE: Applications will be reviewed on a first come, first served basis. DFA reviews complete applications and makes determinations within 20 business days. Background Programs DFA offers three grant programs providing eligible entities with a reliable and nimble source of funding to increase competitiveness for hundreds of federal grant program opportunities that require local match. Matching Grant: For eligible entities that require additional funding to meet the minimum match requirement for a federal grant (at least 40% of available funds are reserved for rural, frontier, and tribal governments).Project Implementation Grant:For recipients of a Matching Grant that require capacity funding to fully implement the federally funded project associated with the Matching Grant.  Only available if awarded a Matching Grant.Federal Compliance Offset Grant:For eligible entities that demonstrate higher project costs due to compliance with federal funding requirements, such as requirements related to worker wages and sourcing American-made materials. DFA will award at least 40% of the available funds reserved for rural, frontier, and tribal governments.

Eligibility

You can learn more about this opportunity by visiting the funder's website. Any political subdivision is eligible to apply, if the grant associated with their application is a federal grant that requires a match.Entities can apply again the following year, as long as the application isn’t for the same funds. Entities can also re-apply if the previous federal grant associated with the previous NM Match Fund application was not funded.

Ineligibility

Voluntary non-federal matches, or federal grants with no match are not eligible.