RIO RANCHO, N.M.—Over that past year, the City of Rio Rancho has received $756,169 from the U.S. Department of Housing and Urban Development (HUD) to be used to prevent, prepare for, and respond to COVID-19. This funding has been allocated in a variety of different ways pursuant to federal rules and guidelines.
From this funding, the City has awarded St. Felix Pantry $153,469 to give to qualifying residents in an effort to prevent homelessness and assist residents with mortgage, rental, and utility assistance payments. Up to $3,000 is available to qualifying households. Residents experiencing difficulty paying their household bills are encouraged to contact St. Felix Pantry at (505) 891-8075 to learn more about the application process and eligibility requirements.
The City has $232,700 dedicated to small businesses. The Small Business Assistance Program, which uses the funding from HUD to aid microenterprise and small businesses located in the City of Rio Rancho that have suffered revenue decline due to COVID-19, and assist business owners with monthly fixed expenses, inventory expenses, and payroll in an effort to retain jobs and prevent permanent closure of businesses. To date, $90,000 has been awarded to qualifying businesses. The assistance has been, and will continue to be, awarded on an ongoing basis. If businesses comply with all terms and conditions for one year, no repayment of the awarded funds will be required. Rio Rancho small business owners are encouraged to visit www.rrnm.gov/assistance to review the complete list of eligibility requirements and restrictions and apply for funding assistance.
The City has allocated $150,000 for homelessness prevention and $98,322 for the Senior Meals Program to Sandoval County. For information about this funding and how to apply for assistance, please visit www.sandovalcountynm.gov.
The City of Rio Rancho’s Meadowlark Senior Center was allocated $121,678 for new equipment, which is already in use, for the Senior Meals Program.
The application process is managed by the City of Rio Rancho’s Community Development Block Grant (CDBG), which is an entitlement program administered through HUD. CDBG funding is designed to help low-to-moderate income residents.