Pueblo of Laguna Wastewater System (2012), Laguna, NM

COMMUNITY IMPACT

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 NMTCs from the New Mexico Finance Authority. The project has created 20 full-time jobs, a majority of which are filled by Native American and low-income employees.

CDE(s): Finance New Mexico
Category: Green, Infrastructure, Rural, Tribes and Native Populations, Utility, Waste Management
Congressional District: Yvette Herrell (R-NM02)

Project Map

Other New Mexico Projects

Continental Divide Electric Cooperative, Inc.

Energy, Infrastructure, Rural, Utility

Project City:

Grants,

Project State:

Project Year:

(2018)

Continental Divide Electric serves 24,088 consumers living in Bernalillo, Cibola, McKinley, Sandoval and Valencia counties. The company owns 3,998 miles of distribution line ...
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La Castenda

Hotel

Project City:

Las Vegas,

Project State:

Project Year:

(2018)

Borrower is to rehabilitate the Plaza Hotel and rehab and re-open the La Castaneda Hotel. Once complete, the borrower will manage (or cause to have managed) the Hotels in a ...
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Leprino Foods Company

Food Manufacturing, Manufacturing, Rural

Project City:

Roswell,

Project State:

Project Year:

(2018)

Albtertsons - United Supermarkets, LLC: Business, government and civic leaders helped break ground Monday for a new Albertsons Market at 808 N. Canal in Carlsbad. The new construction will replace ...
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United Supermarkets – Albertsons

Community, Grocery and Fresh Food, Retail

Project City:

Carlsbad,

Project State:

Project Year:

(2018)

NMTC financing was used to construct an Albertsons grocery store. This location will include space for a health clinic and pharmacy in a medically underserved area ...
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Homewise Albuquerque

Energy, Green

Project City:

Albuquerque,

Project State:

Project Year:

(2018)

There are two big winners in a new markets tax credit (NMTC) equity-financed development in Santa Fe, N.M.: the families who bought affordable, energy-efficient homes and the rest of the ...
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El Camino Crossing

Housing

Project City:

Santa Fe,

Project State:

Project Year:

(2017)

New Mexico’s Homewise Inc. received funding to invest in one of Santa Fe's distressed areas. The New Markets Tax Credit allocated $5 million to rehabilitated the Siler Road and Agua ...
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Continental Divide Electric Cooperative Broadband Project

Broadband, Infrastructure, Rural

Project City:

Grants,

Project State:

Project Year:

(2017)

Currently, residents and owners of approximately 24,000 homes and business in Grants and the surrounding area have no broadband internet option and rely on satellite internet, the speed of which ...
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Friedman Recycling

Green, Waste Management

Project City:

Albuquerque,

Project State:

Project Year:

(2013)

In 2011, the City of Albuquerque’s recycling program was limited by the capacity of the antiquated processing plant that recycled only 5-6% of the city’s waste and was being overwhelmed ...
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