N.M. Admin. Code § 18.1.4.8
Pursuant to deadlines, fixed public meeting dates for STA funding approval and other terms and conditions established by formal resolution, the STA shall periodically, as funds are deemed to be available, send written notice to all TDDs (both those fully-formed and those near-completion) calling for funding applications or proposals for TDD-initiated transportation projects. Only fully-formed TDDs can legally apply for and receive STA grant funding. Each project must be justified by the TDD and separately submitted in compliance with [section 10] Section F. of this rule. The applications (one per project) must be received by the STA no later than the close of business on the deadline date specified in the STA resolution.
N.M. Admin. Code § 18.1.4.8