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State Investment Council – New Mexico Recovery Fund

Agency / Department: State Investment Council

Resource: New Mexico Recovery Fund

Details: The New Mexico State Investment Council voted unanimously Tuesday to immediately pump up to $100 million from one of the state’s large permanent funds into a newly formed New Mexico Recovery Fund, which will provide discounted, short-term loans to businesses struggling to stay afloat during the coronavirus crisis.

Link: https://www.abqjournal.com/1436013/sic-approves-creation-of-100-million-nm-recovery-fund.html

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