THE LOAN PROGRAM ENCOURAGES AND FACILITATES THE INVESTMENT OF CAPITAL IN LOW-INCOME NEW MEXICO COMMUNITIES THROUGH INDIVIDUALS, RELIGIOUS AND COMMUNITY ORGANIZATIONS, FOUNDATIONS, GOVERNMENT ENTITIES, LENDING INSTITUTION AND OTHERS. IN 2024, THERE WERE 80 NEW LOANS MADE IN THE AMOUNT OF $8,513,643. THE LOANS WERE MADE TO 54 MINORITY-OWNED BUSINESSES INCLUDING 24 WOMAN-OWNED BUSINESSES, AND 2 NON-PROFIT ORGANIZATIONS.