New Mexico Finance Authority

Description:this Agreement Provides Funding to New Mexico Finance Authority. Safe Drinking Water Act (SDWA) Section 1452 of the Safe Drinking Water Act (SDWA) Authorizes the State to Utilize Funds to Further the Health Protection Objectives of Sdwa. This Agreement Will Provide Funds to Capitalize the Recipient's Drinking Water State Revolving Fund (DWSRF) With an Emphasis on Lead Service Line Replacement and Associated Activities Directly Connected to the Identification, Planning, Design, and Replacement of Lead Service Lines. as Part of This Agreement, the State Ensures Compliance With Federal and State Regulations, Which Are Designed to Protect Public Health.activities:the State Has Submitted an Intended Use Plan (IUP) as Part of the Application Package for This Capitalization Grant . This Iup Contains a List of the Capital Projects That Address Lead Service Line Replacement and Associated Activities Directly Connected to the Identification, Planning, Design, and Replacement of Lead Service Lines, Which May Receive Funding From This Grant. the Recipient May Also Use Some of the Funding for Specific 'set-asides' to Provide Technical Assistance to Small Systems, Program Administration, State Program Management and Other Allowable Uses. Subrecipient:lead Service Line Inventory Activities and Loans Issued to Municipalities Are Considered Subawards. However, the Grantee Will Issue These as Loans and Not Grants, Even in the Case of Subsidy.outcomes:the Benefits of This Grant Will Be to Capitalize the Recipient's Drinking Water State Revolving Fund (DWSRF) With Primary Purpose to Reduce Lead in Drinking Water by Funding Projects Emphasizing the Identification and Removal of Lead Service Lines. the Fund May Also Be Used to Increase Technical, Financial and Managerial Capacity of Public Water Systems, and Provide Assurance of a Cleaner and Safer Potable Water Supply by Funding Improvements to Multiple Water Infrastructure Projects. These Public Health Benefits Will Be Statewide.