Latest news with #andNaturalResourcesDepartment
Yahoo
07-06-2025
- Business
- Yahoo
New Mexico launches energy efficiency loan program
NEW MEXICO (KRQE) — Companies and nonprofits can now get help from the state to become energy efficient. The Energy, Minerals, and Natural Resources Department has launched a new program providing low-interest loans worth $250,000 to $1 million dollars. Story continues below News: Surveillance video captures crash involving off-duty officer that severely injured man Events: What's happening around New Mexico June 6-12? Albuquerque Pride Parade New Mexico Strange: Holy dirt and healing water: A look at NM's miraculous locations EMNRD received $5.3 million from the U.S. Department of Energy to create the EnergyEfficiency Revolving Loan Fund (EERLF). The program offers loans at a fixed rate of 2% to cover energy efficiency upgrades such as smart thermostats, new HVAC systems, insulation, air sealing, lighting, and building envelope improvements. 'This loan fund is one more way we are supporting Gov. Lujan Grisham's goal of boosting NewMexico's economy while also protecting its environment,' said EMNRD Sec. MelanieKenderdine. 'These loans will ensure the recipients' economic viability by lowering the costsfor building upgrades while simultaneously reducing their carbon footprints.' Eligible organizations include nonprofit or for-profit entities owning or operating commercial buildings that serve a public service, such as education, recreation, healthcare or cultural services. To be eligible, organizations must show half of their revenue is earned in New Mexico, or half of their services are provided in the state. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
21-02-2025
- Climate
- Yahoo
Forestry Division contractors restore damages from South Fork, Salt fires
RUIDOSO, N.M. (KRQE) – Acres of forests and watersheds are being restored following last summer's South Fork and Salt fires. The repairs are being done by contractors hired by the New Mexico Forestry Division. The work includes removing hazardous trees and erecting erosion control barriers, aiming to reduce risks from dead or dying trees and future flooding due to scorched soil and terrain in the area. Funding for the restoration is funded by a $10 million allocation the Energy, Minerals, and Natural Resources Department received during a special legislative session called by Gov. Michelle Lujan Grisham in July 2024. Shoe prints lead FBI to believe couple started Salt Fire, documents show Earlier in February, Forestry Division contractors began work on a 140-acre area near Gavilan Canyon. Tree-cutting, erosion control, and mulching projects on private land will help with downstream flood risks in areas damaged by fires. Those in the area wanting applications and guidelines for assistance can request it from the Salt & South Fork Watershed Stabilization & Hazard Tree Mitigation Assistance Request site. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
