Pueblo of Laguna Wastewater System Phases 1 and 2

New Markets Tax Credit Coalition

Laguna,
NM
(2012)

Pueblo of Laguna Wastewater System Phases 1 and 2

Community, Manufacturing, Rural, Targeted Populations, Waste Management, Water Management

NMTC financing helped Pueblo of Laguna Utility Authority complete the rehabilitation of the water and wastewater system throughout the tribal lands of Pueblo of Laguna, NM.

Investment

NMTC Amount: $34,000,000
Total Project Cost: $70,000,000

IMPACT

23 FTE jobs
40 construction jobs
New wastewater related infrastructure, including sewage, filtration, and piping.

CDEs

New Mexico Finance Authority

Investor

US Bank

Project Description

NMTC financing helped Pueblo of Laguna Utility Authority complete the rehabilitation of the water and wastewater system throughout the tribal lands of Pueblo of Laguna, N. M. The previous water system, which supported six villages, suffered from recurring system failures.

The 4Points Laguna project promises to enhance the water and waste water systems by providing 60 percent more capacity, as well as safety measures that would allow for an appropriate fire protection system throughout the pueblo.

The first phase of this project received $23 million in NMTC financing from the New Mexico Finance Authority. The second phase of funding was provided through $14 million in NMTC financing from Clearinghouse CDFI. The project has created 20 full-time jobs, a majority of which are filled by Native American and low-income employees.

MAP

Address: 22 Capitol Road, Laguna, NM 87026

Census Tract: 35006946100

Other New Mexico Projects

Pueblo of Laguna Waste Water Utility Project 2

Casa Blanca,
NM
(2020)

Community, Manufacturing, Rural, Waste Management, Water Management

CDE(s): Clearinghouse CDFI, Ecotrust

The final phase of a $70 million phased in project to redo the entire water and waste water system on the reservation.

United Supermarkets – Albertsons

Carlsbad,
NM
(2018)

Community, Grocery and Fresh Food, Healthcare, Retail, Retail and Commercial, Rural

CDE(s): New Mexico Finance Authority, TruFund

NMTC financing was used to construct an Albertsons grocery store.

Vibrant Corp

Albuquerque,
NM
(2023)

Manufacturing

CDE(s): Advantage Capital

Vibrant Corporation (“Vibrant”) is an Albuquerque, NM based company commercializing Process Compensated Resonance Testing (“PCRT”) technology: a method of non-destructive testing that uses vibrations to test the integrity of objects.

Laguna Wastewater Treatment System

Laguna,
NM
(2012)

Energy, Utility

CDE(s): Travois

The Pueblo of Laguna Utility Authority is an independent nonprofit entity, owned by the Pueblo of Laguna, which develops, manages and maintains utilities for the Pueblo of Laguna, the largest