GRANTRADAR/Grant Programs/Local Economic Development Act (LEDA)
New Mexico StateDirect GrantStackable

Local Economic Development Act (LEDA)

Administered by New Mexico Economic Development Department · New Mexico

BENEFIT
Negotiated / contact agency
Deadline type: rolling

Eligibility Requirements

  • 1Grants to local governments (municipality and/or county) only
  • 2Assist expanding or relocating businesses
  • 3Must stimulate economic development and produce public benefits
  • 4All grants funded on strictly reimbursement basis

Eligible Project Types

CommercialIndustrial
STACKING POTENTIAL

Local Economic Development Act (LEDA) is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN
View the Local Economic Development Act (LEDA) compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.