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New Mexico Receives $17 Million from Feds in 2014 for Water Projects says Construction Reporter

Industry: Commerical Building

In 2014 the USDA provided $1.5 billion in rural and waste water project loans and $165 million in grants. New Mexico received $15 million in grants, $2 million in loans.

New Mexico (PRUnderground) December 10th, 2014

The U.S. Department of Agriculture’s Rural Development program has funded projects across New Mexico in 2014 including $8 million for a modern gravity and pressurized sewer system to serve 500 users in both Mesquite and Brazito in the Lower Rio Grande watershed.

These funds promise to boost the New Mexico construction industry in 2015.

In late October other project funding was announced that will include upgrading of an aging waste water treatment plant in Truth or Consequences and removal and replacement of a water tank in Eddy County.

“These projects not only provide clean water to rural families, but also help keep rates down and create jobs in New Mexico,” U.S. Senator Tom Udall said upon news of the USDA funding.

Money spent by the USDA on such projects, added Heinrich, “is critical to sustaining New Mexico’s basic infrastructure.”

The Eddy County project which will take place in Cottonwood, just north of Artesia, and will be funded with $3.6 million in grants and $649,000 in loans.

The Truth or Consequences Project funding comes to $4.4 million with $3.5 million in grants and $910,000 in loans.

The need for upgrades to systems across the nation was highlighted by a recent report from the Center for Disease Control and Prevention revealing that at least 15 percent of the countries population, i.e. more than 12 million people or the vast majority in rural areas get their drinking water from wells that may be contaminated by chemicals and bacteria.

Full article here.

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Founded in 1949 to provide New Mexico contractors with local project information, Construction Reporter has grown steadily in size and coverage area, today serving the commercial construction industry throughout the Southwest. Our mission is to help our customers succeed by delivering reliable, comprehensive, up-to-the-minute information on projects in planning and out for bid in New Mexico and the surrounding states. We are passionate about helping our member companies grow by delivering the most bidding opportunities, the most efficient bidding tools, and the most industry exposure of any news service in the region.

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