The authority has the following duties:
A. to develop and administer a program to assist qualified entities individually or jointly in financing public projects;
B. to establish a process and procedures for review and assessment of public project needs in the state and report to the New Mexico finance authority oversight committee, the legislature and the governor the authority's public project financing and repayment agreement recommendations; and
C. to cooperate with and exchange services and information with any federal, state or local governmental agency.