The 2001 Legislature enacted the Water Project Finance Act which created the Water Project Fund in the NMFA and charged the NMFA with the administration of the Fund and the Water Trust Board. The Water Trust Board is a diverse 16-member Board that recommends to the Legislature projects to be funded through the Water Project Fund. Under the Act, the Board recommends to the Legislature funding within five project categories: (1) water conservation or reuse, (2) flood prevention, (3) endangered species act (ESA) collaborative efforts, (4) water storage, conveyance and delivery infrastructure improvements, and (5) watershed restoration and management initiatives.
Since its creation, the WTB has recommended more than $228 million of funding for 221 projects statewide.
Qualified entities seeking funding for water projects from the Water Trust Board must submit an application each year even if the project has previously received legislative authorization.
Funding from the Water Trust Board is considered pursuant to comprehensive Project Management Policies adopted by the Water Trust Board in November 2007 and revised in September 2010 as well as the Water Trust Board Rules and Regulations. This information may be downloaded by selecting the links below:
If you have any questions regarding the WTB program or WTB application process, please contact:
Jana Amacher, Director, Water Resources, (505) 984-1454
Angela Quintana, Sr. Program Administrator, (505) 992-9648