NM Legislature

Governor signs Hermits Peak/Calf Canyon recovery funding bill
|
Gov. Michelle Lujan Grisham signed legislation that would provide $100 million in zero-interest short-term loans to communities impacted by the Hermits Peak/Calf Canyon fire on Monday. These loans are intended to help with repairs and replacement of damaged infrastructure, which she said will empower the communities as they continue to heal from the largest blaze in New Mexico’s history. The bill passed with the emergency clause, which allows it to become effective immediately upon signing. While the federal government has taken responsibility for the fire, the money from the Federal Emergency Management Agency has been slow to come and spring runoff is fast approaching. Those getting these loans must have previous FEMA approval.