Press Room & Media
AFLEP in New Mexico
Life Link + Homewise Partnership Delivers More Than Financing
Partnership Delivers More Than Financing
— The Life Link in Santa Fe rents and owns multiple buildings where it delivers a multitude of services. When management wanted to create synergy around some of those services by housing them under one roof, the nonprofit organization turned to another nonprofit organization: Homewise.
Homewise partnered with The Life Link through the process of financing the purchase of its property, and with the help of a Homewise commercial loan and additional grant funding from another source, The Life Link acquired a 2,600-square-foot property.
>This is how the partnership is benefiting Santa Fe
Homewise is a community development financial institution (CDFI) that has been helping people achieve their homeownership goals since 1986. In 2021, the nonprofit lender initiated a commercial mortgage loan program to provide affordable capital to small businesses and nonprofit organizations interested in owning the buildings they rent. Homewise offers commercial property loans of up to $1 million to eligible businesses in designated tracts.
NM Awarded Grant to Help Small Businesses Cultivate Global Marketplace
New Mexico Economic Development Department (EDD) Cabinet Secretary Alicia J. Keyes announced Monday that the state has been awarded a $250,000 STEP grant from the U.S. Small Business Administration to help small businesses cultivate the global marketplace.
The State Trade Expansion Program (STEP) is an initiative that provides matching grants for states to assist eligible small businesses export their products. The program offers assistance with foreign trade show booth space, interpreters, export training programs, and the U.S. Department of Commerce’s Gold Key matchmaking services in major markets abroad.
Expanding global trade is a priority for Gov. Michelle Lujan Grisham as a means to further diversify New Mexico’s economy. The $250,000 award is the largest the state has ever received under the STEP program.
“There has never been a better time to introduce your business to the international marketplace,” EDD Cabinet Secretary Keyes said. “We are pleased to be able to provide guidance and support to our New Mexico businesses who want to grow with the aid of global sales.”
“Thanks to the SBA and New Mexico Economic Development Department, STEP has become the most effective program we have to support new-to-export small businesses,” Celeste Nuñez said, Director of International Business Resources for the New Mexico Trade Alliance. “We can’t wait to utilize this new round of funding to usher in New Mexico’s next generation of exporters.”
For more information, read the press release at edd.newmexico.gov.
Listen: AFLEP on KNCE True Taos Radio 🎙
KNCE’s Chris Pieper invited AFLEP Outreach Coordinator, Sarah Manning, as well as Hamilton Brown and Diane Schiffen, on his radio show to talk about Local Economies.
The show is called “Living with Earth” on 93.5 True Taos Radio, and Chris is also a small business owner.
Click below to listen to the episode!
Acequias face challenges, uncertain future
Paula Garcia, executive director of the nonprofit New Mexico Acequia Association (NMAA), is optimistic that determination combined with state and federal resources can make the damaged ditches vital again. But she is haunted by the fear that fire and flood may have altered things forever.
“It is very jarring to go through a wildfire,” said Garcia, who, with her family, tends a small-scale cattle ranch and traditional vegetable gardens in Mora, which was at the heart of the 341,735-acre Calf Canyon/Hermits Peak Fire.
“My family has been farming and ranching in the same area for eight generations,” said Garcia, who gets water from an acequia. “We go back to the Mora Land Grant. But this is life changing. I have never felt so vulnerable as when I saw our landscape go up in flames. I am concerned that the watersheds have been so damaged by wildfires they will never be the same again.”
‘Very sobering’
The Calf Canyon/Hermits Peak Fire, which burned in the northern New Mexico counties of Mora, San Miguel and Taos, resulted in 45 damaged acequias. The Black Fire, which grew to 325,136 acres in the Black Range northeast of Silver City, impaired 24 acequias. And the Cerro Palado Fire, which encompassed 45,605 acres in the southern Jemez Mountains, crippled one acequia.
Most of the damage occurred when summer monsoon rains sent flood waters cascading unimpeded over burn scars, filling irrigation ditches with silt, ash and debris and, in some cases bludgeoning ditch headgates and diversion dams.
“Each acequia is different,” Garcia said. “There is one acequia that was removed from the landscape. The erosion was so bad that it looks like nothing was there. There are others where only 200 feet (of a ditch) is filled with sediment. It will cost in the tens of thousands just to do debris removal and in the hundreds of thousands for more severe damage. It is possible in the winter and early spring to remove debris and get ditches reopened. But structural repair could take two to three years.”
Perhaps worst of all is the very real possibility that the nightmare is only starting.
“Experts tell us this (monsoon flooding) could go on for five years or more,” Garcia said. “That’s very sobering. This time next year we may be faced with trying to reopen ditches again. They are so important. People still rely on them for their livelihood.”
‘No easy way’
Acequias are subdivisions of state government, governed by officers. Some acequias collect set dues or assessments from users each year and others only take in money from irrigators to pay for specific repairs.
The New Mexico Acequia Association’s membership consists of acequia users and some individual irrigators. The association is funded by private foundation grants, federal grants or contracts, state grants or contracts, membership dues and donations.
“As a nonprofit, we do education, workshops on water rights, technical assistance and policy advocacy,” Garcia said. “When it comes to the fire, we have been working with the acequias to navigate the different assistance programs, doing damage assessments and helping with paperwork.”
Garcia said NMAA encourages acequias to apply for every form of disaster aid available, including Federal Emergency Management Agency (FEMA) Public Assistance and Individual Assistance funds, and to file notices of loss to get a portion of the $2.5 billion procurable through the Hermits Peak Fire Assistance Act.
Easier said than done, however. Garcia said FEMA is difficult to work with.
“The FEMA staff is very kind and compassionate,” she said. “They do this work because they believe in what they are doing. It is the structure of how the agency functions that is difficult. There are a lot of hoops to jump through and there is no easy way out. We are in the thick of doing what FEMA requires us to do.”
The first hurdle was just getting FEMA to recognize acequias as public entities entitled to Public Assistance money.
“There was some doubt about whether acequias were public subdivisions,” Garcia said. “They have to provide their bylaws. We have established eligibility for about 35 acequias in the Calf Canyon Fire area.”
But things don’t get much easier even when that is accomplished.
“FEMA requires (the applicant) to spend money up front for repairs and then FEMA provides reimbursement,” Garcia told members of the New Mexico Rural Economic Opportunities Task Force during a recent presentation at the State Capitol. “The acequias may have $1,000 in the bank. There is no way they are going to do this work up front and pay for it.”
Garcia said the state Department of Transportation is trying to help by supplying up-front funding.
“DOT is able to use money from the governor’s emergency executive order to help local governments, and now they are starting to help with acequias as well,” she said. “DOT is coordinating with FEMA to make sure they are FEMA compliant. I consider that a major breakthrough. Thinking outside the box to make things happen.”
Technical difficulties
Garcia said the day-to-day work in getting assistance programs to work for people is challenging because many of the applicants don’t have internet.
“They don’t have e-mail,” she said. “Even when they do have e-mail, they have a lot of questions. We (NMAA) are the people they call. We are on the phone with them. We run out to see them. We actually fill out a lot of FEMA applications for them.”
Cristino Griego, 77, who worked as an educator for more than 25 years, raises cattle and grass hay in Las Tusas in San Miguel County. He is secretary-treasurer of Las Tusas Community Ditch, which gets its water from the Sapello River.
“I’m fairly efficient on the computer, and I have internet at my house,” he said. “In working through the FEMA process, I found a lot of glitches. I found it difficult. Other people found it impossible. They don’t have computers. They don’t have Wi-Fi.
“When you are 70 years old and come from a rural-agricultural background, have done day labor and construction on the side, you are not interested (in computers). Except when your grandchildren may want to play video games.”
Garcia is also a member of the New Mexico Interstate Stream Commission, which has an acequia program and is the state agency that administers state funding for acequia projects such as construction.
But the ISC, like the NMAA, has not been involved before in disaster response at the level caused by this year’s wildfires and flooding. Garcia said neither the ISC nor NMAA is sufficiently staffed to deal adequately with such a catastrophe.
“ISC has been using state money to retain an engineering firm to do some damage assessment and cost estimates for rehabbing acequias, so that’s good,” she said. “But so far they have only assessed five or six acequias in the Black Fire area. They have not been to Mora or San Miguel counties.”
Garcia said she has repurposed two of NMAA’s 10 staff members to do disaster work and is using some foundation grant money to aid in disaster relief.
“We have hired two contractors who are out in the field on an almost-daily basis working with acequias,” she said. “We have other duties, other programs we are committed to, so basically we have four people doing disaster work. We are doing some fundraising and have asked the state Legislature to help us with resources.”
Read the entire article at abqjournal.com.
Study: NM would lose 1/5 of businesses without Hispanic entrepreneurs
by Spencer Schacht | KOB
A new study ranks New Mexico as the most Hispanic-dependent economy in the U.S. It found the Land of Enchantment has the most Latino-owned businesses nationwide.
The study published by Creditos En USA found that in New Mexico one of every five small businesses or mom-and-pop shops are owned by Hispanic entrepreneurs. They have created 208,514 jobs in the state.
The study also found that Latina women are 4% more entrepreneurial than other demographics.
“My other business is accurate process serving & notary so I deliver legal documents and a mobile notary service,” said Julia Pluemer, a Hispanic business owner.
Pluemer says she is encouraged by this study not only for the future of her own businesses but for the future of her daughters.
Read the whole article and watch the video at KOB.com.
Retake Our Democracy Zoominar Panel on Public Bank Legislation
Base public bank discussion on facts
MY VIEW – Peter Smith
Santa Fe New Mexican | August 13, 2022
Let’s have a fact-based discussion about a public bank for New Mexico.
What do we call it when a person who knows the facts of a specific situation fails to state them fairly and accurately, and tries instead to confuse and mislead people? That is what Jay Jenkins did in his op-ed piece against a public bank for New Mexico in The New Mexican last week (“Public bank won’t help what ails N.M.,” My View, Aug. 9).
I am writing to say that, if there is a case to be made against a public bank, do so honestly and in a straightforward manner, not with outright and purposeful misrepresentations.
- Jenkins says the public bank will compete with community banks. Not true! The core of the public bank proposal is exactly the opposite. The bank will only support loans brought to them by credit unions and community banks. And, as he points out, the North Dakota public bank does exactly that.
- Jenkins says the bank will not have FDIC deposit insurance. In fact, to be chartered in the state, the bank must meet the FDIC’s “gold standard” regulations and requirements. However, since the bank is working solely through partnerships with community banks and credit unions, it will not have depositors in the traditional sense. So, it won’t need FDIC deposit insurance coverage. The state will be the bank’s only depositor.
- Jenkins says the bank would be susceptible to political pressure. But, ironically, given that the bank can only work in collaboration with existing banks, the only politics, if such existed, would be at the community level and with those institutions.
- Jenkins says the bank might make risky loans due to inexperience. But the only loans the bank can consider would be those brought to it for shared support by the credit unions and the community banks.
- Jenkins says a New Mexico public bank would not be viable financially. In fact, when Santa Fe did such a study, it was determined the city was too small financially to support the concept. But North Dakota is significantly smaller than New Mexico and is doing very well. And several other places are also planning a public bank.
A public bank would strengthen community banks’ and credit unions’ ability to serve their communities by collaborating with them on loans that are different, loans that support more entrepreneurial business plans, loans that, without the public bank’s support, might be considered high-risk.
In closing, let me say that, yes, I serve on the Alliance for Local Economic Prosperity board, the organizational advocate promoting the public bank. But this letter is from me as an individual, asking for an honest and accurate debate as the concept moves forward.
Peter Smith lives in Santa Fe and is a supporter of the proposed public bank.
AFLEP Presents to NM Legislative Interim Committee
On Monday, August 8, 2022 in Gallup NM, AFLEP presented to the Economic Development & Policy Committee (EDPC), an Interim Committee of the New Mexico State Legislature. The EDPC is made up of both Senators and Representatives. AFLEP was represented by Harold Dixon, former President and CEO of State Employees Credit Union, Sarah Manning, AFLEP Outreach Coordinator and Angela Merkert, Executive Director. You can watch the hearing proceedings .
State Employees Credit Union, former CEO Harold Dixon talks about why he sees a need for a public bank in New Mexico
May 28, 2022 – Retake Our Democracy’s Paul Gibson explores public banking mis-information with Harold, and some key ways a public bank can improve New Mexico’s economy – like expanding the lending capacity of community banks and credit unions, reducing State bond outlays and addressing unmet community development needs. Harold co-chairs AFLEP’s Public Bank Implementation Task Force and serves as an Advisory Board Member.