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NM

Local Economic Development Act (LEDA) – Retail Project Fund

State grant funding for land, buildings, and infrastructure to support retail business development in qualifying New Mexico municipalities.

About this program

Visit the program website for full details.

Eligibility

Retail businesses located in municipalities with a population of 10,000 or less, or municipalities with a population over 35,000 using local LEDA funds. Must be a for-profit business engaged primarily in retail sale of goods.

Requirements

  • Business must be located in an eligible New Mexico municipality
  • Municipality must have passed a LEDA ordinance
  • Submit demonstration of financial soundness and readiness to proceed