New Mexico
Environment Department

Contact Information:
(505) 827-2855 MAIN // 1-800-219-6157 (toll free)
Environmental Emergencies:
505-827-9329 (24 hrs)

Construction Programs Bureau

Rural Infrastructure Program (RIP)

The Rural Infrastructure Revolving Loan Program

RIP provides low interest loans to rural communities for water, wastewater and solid waste projects.  Mutual Domestic association or water and sanitation districts that supplies water, wastewater or solid waste services to, or  municipalities that have a population of less than twenty-thousand or counties with populations of less than two hundred thousand are eligible for funding. The interest rate is 2.375% with a loan term of up to twenty years and repayment beginning one year after project completion.

NMAC 20.7.2.1 Rural Water Supply, Wastewater and Solid Waste Infrastructure

 

These types of projects can be financed through RIP:

  • Eligible water, wastewater and solid waste
  • Water pipelines
  • New sewer interceptors and collectors
  • Infiltration/inflow correction
  • Water and sewer system rehabilitation
  • Treatment plant improvements
  • Non-point source projects (i.e. septic tanks)
  • Cost of water rights acquisition
  • Eligible solid waste facilities including collection, disposal, storage and recycling
  • Engineering studies and design
  • Project inspection
  • Easement and right-of-way
  • Project legal costs
  • Purchase of equipment
  • Pollution Control

RIP Annual Report

The most current RIP Annual Report is available for review.

RIP ANNUAL REPORT FY 2020 signed

Funding Cycle

Applications are accepted throughout the year. Loan funds can be made available for projects within six to eight weeks upon submission of complete application.

Click here to download the RIP application. 


 

If you have any questions regarding RIP, contact the CPB Team:
NMENV-cpbinfo@state.nm.us or (505) 469.3365.