N.M. Admin. Code § 7.29.4.10 - ELIGIBLE PUBLIC CAPITAL PROJECTS AND COSTS
The Authority provides Financial Assistance to eligible entities only for Capital Projects, as defined above. Costs which may be financed under the Program include all or any portion of the cost of eligible Capital Projects. An Applicant which has had Financial Assistance approved by the Board may apply to the Board to redirect the Financial Assistance to modify a Capital Project made necessary by unanticipated events.
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