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Program

Local Economic Development Act (LEDA)

Connects Capital reimbursement grants local governments support expanding relocating businesses that create New Mexico jobs.

New Mexico Economic Development DepartmentUnited StatesGrant

Local Economic Development Act (LEDA) is New Mexico's pass-through economic development route for projects that expand or relocate into the state. NM EDD awards funds to local governments, and those governments use the money to support qualifying businesses through reimbursement for land, buildings, infrastructure, construction, reconstruction, or improvement costs, including related loan guarante…

AgritechBuilt EnvironmentEnergy TechAdvanced ManufacturingMobility

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.

Last verified: 29 May 2026Source: edd.newmexico.gov