New Mexico Match Fund

Aerial view of Santa Fe

New Mexico Match Fund

The New Mexico Department of Finance and Administration invites state agencies, tribal governments, counties, municipalities, and political subdivisions to apply for the New Mexico Match Fund. See policy for full list of eligible entities.

The Match Fund provides a unique opportunity to leverage once-in-a-generation federal funding for infrastructure, research, economic development, the energy transition, and other critical projects that will benefit New Mexico.

Applications are reviewed on a rolling basis, first come, first served. DFA reviews complete applications and makes determinations within 20 business days.

FY2026 New Mexico Match Fund Policy

The New Mexico Department of Finance and Administration has finalized updated policies for the Match Fund program, which helps state and local governments, tribes, and public organizations secure federal funding through three grant programs: Matching Grants, Project Implementation Grants, and Federal Compliance Offset Grants.

NM Match Fund Programs

DFA offers three grant programs providing eligible entities with a reliable and nimble source of funding to increase competitiveness for hundreds of federal grant program opportunities that require local match.

Matching Grant

For eligible entities that require additional funding to meet the minimum match requirement for a federal grant. At least 40% of available funds ($20M) are reserved for rural, frontier, and tribal governments.

Project Implementation Grant

For recipients of a Matching Grant that require capacity funding to fully implement the federally funded project associated with the Matching Grant. Limited to 5% of combined federal and state matching funds. (Only available if awarded a Matching Grant.)

Federal Compliance Offset Grant

For eligible entities that demonstrate higher project costs due to compliance with federal funding requirements, such as requirements related to worker wages and sourcing American-made materials.

Apply for Federal Compliance Offset Grant

Recipient Training Series

NM Match Fund Recipient Training Video Series
Title File Type
Part 1 — AmpliFund Overview Video
Part 2 — Submitting Reports Video
Part 3 — Submitting Amendments Video
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