New Mexico “Support for Pursuing Federal Funding Opportunities” Request for Proposals
To help New Mexico nonprofits successfully access federal funds, Anchorum St. Vincent, Thornburg Foundation and Santa Fe Community Foundation are receiving requests for proposals (RFPs) for “Support for Pursuing Federal Funding Opportunities.” A total of $200,000 is available to New Mexico nonprofits and community groups. Thornburg Foundation will fund water resources management and food and agriculture programs with grants from $5,000 to $25,000. The joint effort is in response to COVID-19 and the current influx of federal funding. Grants can be used to support grant proposal writing, collaborative planning, federal fund searching, and post-award management, among other activities. Technical assistance from Pivotal New Mexico and 501(C)PA will be provided to all grant awardees. Applications will be accepted on a rolling basis with an open RFP process until June 30, 2022, or when funding is exhausted.
USDA Pandemic Assistance for Producers
USDA’s new initiative – USDA Pandemic Assistance for Producers – will establish new programs and efforts to bring financial assistance to a broad set of farmers, ranchers, and producers who felt the impact of COVID-19 market disruptions.
USDA’s Farm Service Agency Microloans
The Farm Service Agency (FSA) developed the microloan program to assist beginning, unique, and small to mid-sized family farm operations with their financial needs. These microloans are beneficial for farmers that often face limited financing options. FSA offers two types of microloans: direct farm ownership and direct farm operating microloans. Eligible applicants may apply for both microloans.
For 2020 and 2021 calendar years, Risk Management Agency is allowing Approved Insurance Providers to count dumped milk toward the milk marketings for the Dairy Revenue Protection or actual marketings for the Livestock Gross Margin for Dairy programs regardless of whether the milk was sold.
Crop Insurance Flexibilities
USDA’s Risk Management Agency is working with insurance providers to provide additional flexibilities in response to COVID-19. Producers can continue to work with their Approved Insurance Providers (AIPs), on policies, claims, and agreements. Farmers with crop insurance questions or needs should continue to contact their insurance agents about conducting business by telephone or email.
Farm Loan Flexibilities
The USDA recognizes that loan-making activities are critical for annual operating and family living expenses, term investments for equipment and livestock, emergency needs, and cash flow, especially in tough times. USDA’s Farm Service Agency is providing additional flexibilities to provide producers with credit options in response to the coronavirus pandemic.
Commodity Loan Flexibilities
Producers now have more time to repay Farm Service Agency Marketing Assistance Loans (MAL), as part of the U.S. Department of Agriculture’s implementation of the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020. The loans now mature at 12 months rather than nine, and this flexibility is available for most commodities.
Crop Acreage Reporting
Acreage reporting is key to eligibility for many USDA programs, including crop insurance, safety net, disaster assistance, farm loan, and conservation programs. Farm Service Agency (FSA) will work with producers to file timely acreage reports by phone, email, online tools, and virtual meetings. Please contact your local FSA office, as some are accepting in-person appointments.
While support for livestock is available through the Coronavirus Food Assistance Program in some circumstances, limited markets and processing may cause livestock producers to depopulate herds. USDA NRCS offers assistance through the Environmental Quality Incentives Program to help agricultural producers properly dispose of livestock that were depopulated because of impacts from the coronavirus pandemic. Through the Emergency Animal Mortality Management practice, NRCS helps producers plan and cover part of the cost for disposing of livestock because of an emergency animal mortality event.
Paycheck Protection Program (PPP) Loan Forgiveness
The Small Business Administration (SBA), Paycheck Protection Program (PPP) is now closed. However, borrowers may be eligible for PPP loan forgiveness. A borrower can apply for forgiveness once all loan proceeds for which the borrower is requesting forgiveness have been used. Borrowers can apply for forgiveness any time up to the maturity date of the loan. If borrowers do not apply for forgiveness within 10 months after the last day of the covered period, then PPP loan payments are no longer deferred, and borrowers will begin making loan payments to their PPP lender.
SBA Debt Relief
SBA is offering debt relief to existing SBA loan borrowers whose businesses have been impacted by COVID-19. As part of our coronavirus debt relief efforts, the SBA will pay six months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Microloans reported in regular servicing status (excluding Paycheck Protection Program loans).
Farm Credit Administration
Farmers Legal Action Group
New Mexico Economic Development Department Economic Recovery Resources
USDA – Farm Service Agency (New Mexico Office)
USDA – Natural Resource Conservation Service (New Mexico Office)
USDA – Risk Management Agency Coronavirus Resources