New Mexico Administrative Code › Title 2 - PUBLIC FINANCE › Chapter 110 - LOCAL GOVERNMENT GRANTS › Part 2 - SMALL CITIES COMMUNITY DEVELOPMENT BLOCK GRANT › Section 2.110.2.7 - DEFINITIONS

Current through Register Vol. 35, No. 13, July 16, 2024
A.
"Asset
				management"
means a systematic process of maintaining, upgrading, and
				operating physical assets cost-effectively. It combines engineering principles
				with sound business practices and economic theory, and it provides tools to
				facilitate a more organized, logical approach to decision making. It is a
				planning process that ensures the most value from each asset with a plan to
				rehabilitate and replace them when necessary. An accurate and up-to-date asset
				management plan will help communities comply with the government accounting
				standards board's statement #34 (GASB 34), an accounting standard for publicly
				owned systems.
B.
"Blighted
				area"
means, pursuant to the Metropolitan Redevelopment Act, Section
				3-60A-4
				NMSA 1978 (as amended), "an area within the area of operation other than a slum
				area that, because of the presence of a substantial number of deteriorated or
				deteriorating structures, predominance of defective or inadequate street
				layout, faulty lot layout in relation to size, adequacy, accessibility or
				usefulness, unsanitary or unsafe conditions, deterioration of site or other
				improvements, diversity of ownership, tax or special assessment delinquency
				exceeding the fair value of the land, defective or unusual conditions of title,
				improper subdivision or lack of adequate housing facilities in the area or
				obsolete or impractical planning and platting or an area where a significant
				number of commercial or mercantile businesses have closed or significantly
				reduced their operations due to the economic losses or loss of profit due to
				operating in the area, low levels of commercial or industrial activity or
				redevelopment or any combination of such factors, substantially impairs or
				arrests the sound growth and economic health and well-being of a municipality
				or locale within a municipality or an area that retards the provisions of
				housing accommodations or constitutes an economic or social burden and is a
				menace to the public health, safety, morals or welfare in its present condition
				and use."
C.
"CDBG"
means the small cities community development block grant program.
D.
"Council"
means the New
				Mexico community development council.
E.
"Council of governments"
means a regional association of municipalities, counties and special districts
				formed to provide planning and other services to its member
				organization.
F.
"Department"
means the department of finance and
				administration.
G.
"Division"
means the local government division.
H.
"Economic development"
means
				an activity that improves a community's economic base by using private and
				public investments that provide expanded business activity, jobs, personal
				income and increased local revenues in a defined geographic area.
I.
"Federal rules"
means code of
				federal regulations, housing and urban development 24 CFR Part 570 which
				governs the CDBG program.
J.
"ICIP"
means an infrastructure capital improvement plan. An ICIP
				is a planning document developed by a unit of local government, water
				association, or land grant/merced that includes capital improvement priorities
				over a five year period and is developed and updated annually. An ICIP includes
				policy direction, funding time frames, estimated costs, justifications, and
				details of each specific infrastructure capital improvement project proposed,
				by year, over the five year period.
K.
"Land grant/merced"
means a
				political subdivision of the state organized under Section
				49-1-1
				through
				49-1-23
				NMSA 1978, Land Grants General Provisions.
L.
"Low and moderate income
				person"
means a member of a household whose income would qualify as
				"very low income" under the Section 8 housing assistance payments program.
				Section 8 limits are based on fifty percent of the county median income.
				Similarly, CDBG moderate income is based on Section 8 "lower income" limits,
				which are generally tied to eighty percent of the county median low and
				moderate income.
M.
"Non-rural"
means a county or an incorporated municipality that
				does not meet the definition of rural.
N.
"Program income"
means
				amounts earned by a unit of general local government or its sub recipient that
				were generated from the use of CDBG funds.
O.
"Rural"
means a county with a
				population of less than 25,000 and an incorporated municipality with a
				population of less than 3,000. For purposes of determining population a unit of
				local government, water association, or land grant/merced must use Attachment I
				at the end of 2.110.2 NMAC.
P.
"SBA"
means the United States small business
				administration.
Q.
"Set-aside"
means a portion of all CDBG funding received by the
				CDBG program that is annually allocated by the council to be used only for
				certain set-aside categories that are chosen by the council.
R.
"Slum area"
means, pursuant
				to the Metropolitan Redevelopment Act, Section
				3-60A-4
				NMSA 1978 (as amended), "an area within the area of operation in which numerous
				buildings, improvements and structures, whether residential or non-residential,
				which, by reason of its dilapidation, deterioration, age, obsolescence or
				inadequate provision for ventilation, light, air, sanitation or open spaces,
				high density of population, overcrowding or the existence of conditions that
				endanger life or property by fire or other causes, is conducive to ill health,
				transmission of disease, infant mortality, juvenile delinquency or crime and is
				detrimental to the public health, safety, morals or welfare."
S.
"Units of local government"
means an incorporated municipality or county.
T.
"Water association"
means
				political subdivisions of the state organized under Section
				3-29-1
				through Section
				3-29-20
				NMSA 1978, the "Sanitary Projects Act" or Section
				73-21-1
				through Section
				73-21-55
				NMSA 1978, the "Water and Sanitation District Act".