Coronavirus (COVID-19) Relief Center
Coronavirus (COVID-19) Relief Center
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New Miexico
These resources – like the public health crisis itself – are constantly evolving and are only current as to the date of publication. This page was last updated on May 14, 2020.
For more up-to-date information on the relief programs available in New Mexico, we recommend that you visit the state’s COVID-19 Resources website.
Business-Related Relief Programs
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CARES Act: Paycheck Protection Program
The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) appropriates $349 billion to assist small businesses through section 7(a) loans and Paycheck Protection Program (“PPP”), administered by the Small Business Administration … » more information -
Small Business Administration Economic Injury Disaster Loans
Economic Injury Disaster Loans (“EIDLs”) provide working capital to help small business concerns, small agricultural cooperatives and aquaculture companies, and most private non-profit organizations (of all sizes) meet financial obligations that … » more information -
COVID-19 Business Loan Guarantee Program
… » more information -
Local Economic Development Act
In connection with the COVID-19 pandemic, New Mexico modified its Local Economic Development Act (“LEDA”) to now provide no-interest loans to help pay for land, buildings, and infrastructure to relocate or expand for any companies that manufacture … » more information -
Local Food Supply Chain Response Fund Grants
The Local Food Supply Chain Response Fund is set up to address gaps in and disruptions to the local food supply chain in New Mexico. The purpose of the Fund is to provide resources to farmers, ranchers, and other actors in the local food … » more information -
New Mexico Small Business Investment Corporation (“NMSBIC”) Low Interest Loans
In connection with the COVID-19 pandemic, the NMSBIC has pledged up to $25 million to its lending partners to assist New Mexico’s small businesses that are impacted by COVID-19. NMSBIC’s lending partners will receive funds from NMSBIC at a … » more information -
Albuquerque Community Foundation/United Way Emergency Action Fund for Non-Profit Organizations
The Albuquerque Community Foundation (“ACF”) and the United Way of Central New Mexico (“UWCNM”) have established a joint Emergency Action Fund. The Fund provides short-term funding to support operations of organizations providing emergency services … » more information -
Albuquerque, New Mexico: Micro-Business Relief Program
The Mayor of Albuquerque and the City of Albuquerque Economic Development Department have announced a $500,000 Micro-Business relief Program to provide economic support to Albuquerque businesses needing assistance in overcoming the temporary loss of … » more information -
Temporary Renewal Extension for Short-Term Rental Permits
The City of Santa Fe is extending the deadline to renew existing short-term rental permits to April 15, 2020. Additionally, the City is granting permit holders an additional 30 days to pay late fees and obtain extensions. The new deadline for paying … » more information
Employment-Related Relief Programs
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CARES Act: Unemployment Insurance Benefits
The CARES Act creates a temporary Pandemic Unemployment Assistance program that expands eligibility for unemployment benefits and increases those benefits for certain individuals who are unable to work due to the COVID-19 emergency. The program … » more information
© 2021 Paul, Weiss, Rifkind, Wharton & Garrison LLP. This does not constitute legal advice and does not create an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. Past representations are no guarantee of future outcomes.