CONTRACTAPPROVED

New Mexico Mortgage Finance Authority Awards $500,000 Loan Contract to PORTALES (January 2025)

Disclosed value: $500,000; From minutes
Approved: Jan 30, 2025

What it covers

City of Portales receives $500,000 loan for copper and lead remediation project. Funding from the Drinking Water State Revolving Loan Fund will support an inventory and survey of the city's lead lines to comply with EPA guidelines.

Who holds it

PORTALES holds this loan contract with New Mexico Mortgage Finance Authority. Its other public contracts on record include work for City of Portales and Roosevelt County.

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Contract details

Contract type: Loan
Amount: $500,000
Document date: January 30, 2025
Term: NA
Vendor: PORTALES
Agency: New Mexico Mortgage Finance Authority
Source document: new_mexico_finance_authority_board_meeting_minutes.pdf (Minutes)

PORTALES's other public contracts

New Mexico Mortgage Finance Authority, New MexicoPortales Awarded $4.7M for Water Storage Improvements · Sep 25, 2025$4.7M New Mexico Mortgage Finance Authority, New MexicoPortales Awarded $12M for Wellfield Improvements · Sep 25, 2025$12M City of Portales, New MexicoPortales Fire Dept. seek $19.5k Uniform Grant · Jul 15, 2025$19.5K New Mexico Mortgage Finance Authority, New MexicoPortales awarded $500K for lead remediation · Jan 30, 2025$500K Roosevelt County, Montanaroosevelt-county-agenda-2024-04-09_d09.pdf · Apr 9, 2024Undisclosed All PORTALES contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by New Mexico Mortgage Finance Authority?

PORTALES was awarded this loan contract by New Mexico Mortgage Finance Authority, as recorded on January 30, 2025. The contract value is $500,000.

How much is the PORTALES contract with New Mexico Mortgage Finance Authority worth?

The PORTALES contract with New Mexico Mortgage Finance Authority is valued at $500,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a minutes record.

Where was this contract approved?

This contract appears in new_mexico_finance_authority_board_meeting_minutes.pdf (Minutes), dated January 30, 2025 from New Mexico Mortgage Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PORTALES hold?

PORTALES may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is New Mexico Mortgage Finance Authority currently buying?

Explore New Mexico Mortgage Finance Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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