N.M. Admin. Code § 19.1.10.7

Current through Register Vol. 35, No. 23, December 10, 2024

Section 19.1.10.7 - DEFINITIONS

For additional definitions, refer to Section 62-17A-2 NMSA 1978.

A."Act" means the Community Energy Efficiency Development Block Grant Act, 62-17A NMSA 1978.

B."Affordable housing assessment" means a calculation of rent or a mortgage that is no more than thirty percent of the United States department of housing and urban development's state income limits as updated each year for low-income, very low- income residents, and residents whose income is thirty percent of the state median income.

C."Applicant" means one or more representatives of an eligible entity writing an application for a CEED program grant.

D."Division director" means the director of the department's energy conservation and management division. E. "Eligible entity" means an organization that may apply for a grant from the CEED program and includes an Indian nation, tribe, or pueblo; county; municipality; or the New Mexico mortgage finance authority (MFA).

F."Program" means the CEED program administered by the division.

G."Type one projects" means projects which have the eligibility requirements described in subsection 19.1.10.12 NMAC.

H."Type two projects" means projects by the MFA which have the eligibility requirements described in subsection 19.1.10.13 NMAC.

N.M. Admin. Code § 19.1.10.7

Adopted by New Mexico Register, Volume XXXIV, Issue 09, May 16, 2023, eff. 5/16/2023