Step 1

Preheat oven to 400 degrees (Fahrenheit).

Step 2

Spray a non-stick pan with olive oil spray, and heat over medium-high heat. Cook jalapeno peppers for 3-5 minutes, until softened. Set aside.

Step 3

In a large bowl, combine the cornmeal, flour, sugar, baking powder, and salt.

Step 4

Add the jalapenos and corn kernels to the flour mixture, and toss to coat.

Step 5

Add the sweetened condensed milk, egg, water, and olive oil to the bowl. Mix until well combined.

Step 6

Pour the batter into a prepared baking pan. Bake for 20-25 minutes, until golden brown. Cornbread is done when a knife inserted into the bread comes out clean.