loan program News

ALBUQUERQUE, N.M. (AP) — A measure that would clear the way for New Mexico to provide zero-interest loans to local governments to repair or replace public infrastructure damaged by wildfires or post-fire flooding has cleared its first legislative hurdle. The …

Eight years after Congress created the program, the U.S. Army Corps of Engineers is taking a first step toward offering more than $7 billion of federally backed loans to repair aging dams owned by states, local governments and private entities …