N.M. Code R. § 1.13.5.12
Depending on available funds, the maximum award is limited to eight thousand five hundred dollars ($8,500) per applicant. Applicants shall provide a minimum match valued at twenty-five percent (25%) of the total grant award in either cash or in-kind services or materials as identified in Subsection B of 1.13.5.11 NMAC. The match shall be rendered during the project period as specified in the grant award.
[1.13.5.12 NMAC - Rp, 1.13.5.13 NMAC, 8/1/2015]