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New Mexico lawmakers among beneficiaries of relief grants

SANTA FE, N.M. Direct grants to small businesses and non-profit organizations that are a hallmark of New Mexico’s coronavirus relief effort have been awarded to several state legislators as well as enterprises that have sued the state over Gov. Michelle Lujan Grisham’s aggressive public health restrictions. Nearly $100 million in grants were paid out […] ....

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FRI: Businesses That Sued Over Health Orders And State Lawmakers Receive Relief Grants, + More

New Mexico Lawmakers Among Beneficiaries Of Relief Grants -
By Morgan Lee, Associated Press
Direct grants to small businesses and nonprofit organizations that are a hallmark of New Mexico s coronavirus relief effort have been awarded to several state legislators as well as enterprises that have sued the state over Gov. Michelle Lujan Grisham s aggressive public health restrictions.
Nearly $100 million in grants were paid out to 6,800 businesses and nonprofits at the end of 2020, illustrating the breadth of the economic distress brought on by the pandemic.
Public records obtained by The Associated Press show successful applicants included businesses overseen by five current or recent state senators, a family-oriented amusement park that has sued the governor as it seeks to reopen, numerous Catholic charities, local chambers of commerce and hundreds of struggling restaurants and hotels run by lone proprietors and business magnates. ....

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Chaves County businesses get $2.76 million in relief grants

Most businesses awarded money through a $100 million state CARES small business continuity grant program already have the money in hand, according to Marquita Russel. Russel is chief executive officer of the New Mexico Finance Authority, which is administering the grant program established by the New Mexico Legislature during a November 2020 special session. The […] ....

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About half of applicants get New Mexico virus relief grants

About half of applicants get New Mexico virus relief grants
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$100M NM business grant program flooded with applicants

ALBUQUERQUE - More than 6,500 hard-hit New Mexico businesses and nonprofits are receiving an extra Christmas present: up to $50,000 in grant funding from the government.
However, because of a higher-than-expected number of applications for the program set up by the state using federal funding less than half of the organizations that applied will receive a grant.
The number (of applications) that we couldn t fund was very hard for us, said Marquita Russel, CEO of the New Mexico Finance Authority, the state agency that administered the program.
The Small Business CARES Relief Grants program was part of a larger $320 million pandemic aid package passed by state lawmakers during the recent special session. ....

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