The Public Project Revolving Fund (PPRF)

The Public Project Revolving Fund (PPRF) is NMFA’s flagship program. The PPRF is used to finance public projects such as water system upgrades and other infrastructure improvements, fire and law enforcement equipment, and public buildings. Both market rate based loans and loans to disadvantaged communities at subsidized rates are made from PPRF funds.

Local Government Planning Fund (Formerly Known as the Water and Wastewater Planning Fund)

Created in 2002, the fund provides up-front capital necessary to allow for proper planning of vital water and wastewater projects.

The Colonias Infrastructure Act (ACT)

The Colonias Infrastructure Act (ACT) was adopted in 2010, based on the legislative finding that colonias lack basic infrastructure for water and wastewater systems, solid waste disposal facilities, flood and drainage control, roads and housing infrastructure.