N.M. Admin. Code § 2.110.2.9

Current through Register Vol. 36, No. 1, January 14, 2025

Section 2.110.2.9 - PROGRAM OBJECTIVES

A. The CDBG program was established under Title I of the Housing and Community Development Act of 1974, as amended, to assist communities in providing essential community facilities, providing decent housing for residents, promoting economic development, and maintaining a suitable living environment.

B. State and national objectives of the CDBG program require that assistance be made available for activities that address at least one of the following, which are described in greater detail in 2.110.2.16 NMAC:

(1) benefit principally low and moderate income families;

(2) aid in the prevention or elimination of slums or blight;

(3) meet other community development needs of recent origin having a particular urgency because existing conditions pose a serious and immediate threat to the health and welfare of the community where other financial resources are not available to meet such needs.

C. The state encourages successful applicants to award a fair share of contracts and subcontracts to small, minority, and women's businesses and to commit itself to hire locally for any employment opportunities that will be created as a result of project funding.

N.M. Admin. Code § 2.110.2.9

2.110.2.9 NMAC - Rp 2 NMAC 110.2.9, 08-30-01, Adopted by New Mexico Register, Volume XXVI, Issue 12, June 30, 2015, eff. 6/5/2015, Adopted by New Mexico Register, Volume XXVII, Issue 21, November 15, 2016, eff. 11/15/2016