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Railyard Funding


 

Railyard Funding Explanations

 

New Mexico Finance Authority Loan - Phase I  
This loan financed the actual engineering, design, and part of construction of the City-owned infrastructure.
   
New Mexico Finance Authority Loan - Phase II  
This loan finances the balance of the design and construction of the City-owned infrastructure.
   
City of Santa Fe  
Monies from the City of Santa Fe finance the archaeological studies of the Railyard area, the environmental remediation, demolition of buildings specified in the Master Plan, portions of design and construction for Parking, Public Works, and Hike/Bike Trail specific needs.
   
State Economic Development  
These monies covered services necessary to plan, design, and engineer the Railyard as per the Railyard Master Plan. $250,000 of this grant was used to design the Railyard Plaza and Alameda through a subcontractor to benefit The Trust for Public Land (who also built the Railyard Park).
   
U.S. Housing and Urban Development  
This grant covered the design construction of improvements to the Railyard.
   
State Capital Outlay  
These monies covered services necessary to plan, design, and engineer the Railyard as per the Railyard Master Plan and to start financial and marketing services for the overall development.
   
   
 
 
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